6 Sept: Trend table outlook for FX, Commodities, Indices

The mixed performance of the US$ on Wednesday suggests more choppy trade today, which will probably last in to tomorrow’s US jobs data, so there are limited opportunities today. In the short term both the Euro and Cable look underpinned and seem to be a buy on dips, as does the Kiwi, although in the longer term the… Read More »

5 Sept: Trend table outlook for FX, Commodities, Indices

Tuesday has given us few new hints, although the EM sector remains under pressure (today it was the ZAR which was under pressure), and this is weighing on the Aud$ and the Kiwi, so I prefer to trade both from the short side against the US$ and also for now against the Yen. The trade war effect is… Read More »

4 Sept: Trend table outlook for FX, Commodities, Indices

It has been a quiet session in the absence of the US and a cautious tone is required on Tuesday. The Aud and Kiwi both look heavy in the medium term and I prefer to look for levels to sell both these against the US$. Elsewhere the currency markets look rather mixed, with little immediate direction although AudNzd… Read More »

3 Sept: Trend table outlook for FX, Commodities, Indices

It was another day of seeking a safe-haven on Friday, with the US$, Yen and Chf all in demand, and in the short term this looks set to continue, with an escalation of the trade-war rhetoric likely to see this theme continue into coming sessions. The commodity currencies could come under further pressure for the same reason ,so… Read More »

31 Aug: Trend table outlook for FX, Commodities, Indices

It has been a day of safe haven demand on Thursday, with the Yen and the Chf both in demand, against the US$ and on the crosses, and in the short term this looks set to continue, with an escalation of the trade-war rhetoric likely to see this theme continue into next week. The commodity currencies could come… Read More »