2 July: Trend table outlook for FX, Commodities, Indices

Tuesday has seen an about turn in fortunes for the US$, which is stronger on all fronts and from the look of the DXY charts it may have further progress ahead. Today’s focus will be on the RBA, and it will be the Aud$ and related crosses that will have most impact on the FX markets. Elsewhere, US… Read More »

1 July: Trend table outlook for FX, Commodities, Indices

Monday morning sees a gap higher in US$Jpy and in AudUsd, and all the related crosses, on the back of the mildly upbeat tone coming from the G20 meeting. Elsewhere, stocks are yet to open  on Monday although they may blip higher once they do, as may WTI, underpinned by comments from President Putin, who has said that… Read More »

28 June: Trend table outlook for FX, Commodities, Indices

Markets have generally been choppy again on Thursday as traders square up ahead of the G20. The charts appear to hint at some strength ahead in the Aud$ and further weakness in Sterling, although the G20 headlines will decide the outcome and we could be in for some gapping at the Monday open so, overall, a  cautious stance… Read More »

27 June: Trend table outlook for FX, Commodities, Indices

Markets have generally been choppy on Wednesday as traders square up ahead of the G20. The most notable move has been seen in the weakness of the Jpy, both against the US$ and on the crosses. Unwinding of safe haven Jpy positions has been as Donald Trump retains an upbeat mood ahead of his meeting with Chinese President… Read More »

26 June: Trend table outlook for FX, Commodities, Indices

It has been a choppy session, care of the various Fed speakers who watered down interest rate cut expectations, resulting in a reversal of the early moves of the day and ending with a late move higher in the US$, and lower for Gold and stocks. Overall, I think we should probably expect further choppy trade until the… Read More »