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USD/JPY: Dollar likely to rebound again
USD/JPY is one of the more interesting pairs to watch in this data-light session, as it tests a key support level.
RBA hike rates by 25bp, more hikes to follow
The RBA used the last meeting of the year to hike interest rates by another 25bp – its eighth hike in as many meetings.
Currency Pair of the Week: AUD/CAD
With both the RBA and the BoC meetings this week to discuss interest rate policy, AUD/CAD could be volatile.
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A comprehensive guide to trading with fundamental analysis
Fundamental analysis can be used to gauge the intrinsic, or fair, value of an asset like a stock or currency pair. Learn how fundamental analysis works here – at the end of this article, you’ll be able to practice using fundamental analysis yourself.
What is a pip in forex and how do you calculate its value?
Discover what a pip means in forex trading and how to calculate the value of a pip.
Commitment of traders report (COT):
The commitment of traders (COT) report shows how large speculators are positioned across futures markets on the CME exchanges.
Week Ahead: OPEC+, RBA, BOC, and China CPI
Although this may be a light week for economic data, there are plenty of events taking place that could cause the markets to be volatile.
Non-farm Payrolls stronger than expected. Does that change the Fed’s plan?
Chances are that Powell and gang stick to the plan and only hike 50bps. However, that’s not to say that they can’t increase rates later if they deem it necessary.
Forex Friday: USD/JPY, EUR/USD, GOLD and YIELDS
In this week’s edition, we discuss the dollar, gold, yen and euro, and look forward to the week ahead.
European Open: Currency markets pause for NFP, Equities pull back
Today’s NFP report is the main event for traders, and the consensus forecasts is for headline job growth to soften to 200k (261k previously), and the unemployment rate remain at 3.7%.
US Core PCE lower in September; USD continues lower
If Core PCE continues to fall over the coming months, the Fed may end up hiking rates less than it expects, or even cutting rates before the end of next year.
Powell's Brooking Institute speech is a dovish version of his November 2nd FOMC press conference
This was the unofficial pivot the markets have been waiting for.
OPEC+ preview: Will OPEC+ cut production again?
According to recent “sources”, OPEC+ is likely to leave production unchanged when it meets virtually on December 4th.
NFP preview: Is the jobs market FINALLY slowing?
Based on the limited figures we have access to, there’s some evidence that the labor market has deteriorated over the last month...
Canadian Q3 GDP surprises to upside but the Canadian Dollar moves lower
USD/CAD made a large move higher today, though it doesn’t seem like it was based on fundamentals.
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Technical Tuesday: S&P 500, Dollar Index, GBP/USD and Gold
In this week’s edition, we are getting technical on the Dollar Index, S&P 500, GBP/USD and gold
European Open: Double top forms on EUR/USD
The US dollar has found some stability following hawkish comments from Fed members, which has seen a double top pattern form on EUR/USD’s daily chart.
GBP/USD: What’s with all that?
If GBP/USD can move lower due to the Fed being more aggressive than the BOE, is the reverse true as well?
FOMC Minutes show Fed hiking rates at a slower pace
Based on today’s FOMC Minutes it appears that the Fed wants to hike rates at a slower pace in December than it did in November.