Key reasons why weak August NFP wasn’t a surprise. EURUSD weekly setup. The odds of a September Fed shift in policy retreated further after release of August NFP report last Friday. The payrolls gain was a big miss as it was three times less than ...

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Big negative surprise from the Conference Board. What are the takeaways for the NFP? Greenback struggles to take off from 92.50 support level ahead of US labor data for August. DXY rallied on Tuesday thanks to the outflow from Treasuries market as ...

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Record downturn in China's services sector could spark a new wave of risk-off After spending a day in consolidation, greenback could find enough buying interest and continued to fall in price on Tuesday. The US currency index tests support at 92.50 ...

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NFP report will decide the fate of September Fed QE announcement Powell stuck to the hawk line in Jackson Hole last week, but avoided specifics to allow himself room for maneuver at future meetings. The Fed chair hinted at the possibility of QE ...

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ECB Minutes triggered minor Euro sell-off as the central bank’s dovish bias increased The ECB didn’t address QE tapering at its July meeting, showed the Minutes released on Thursday. Instead, the policymakers worked to clarify forward guidance on ...

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Demand for risk seems to hit ceiling before Powell's speech The wave of risk-on that swept markets in the first two days of the week apparently ebbs. Dollar rebounded, commodities struggle to extend the bounce, bond yields ticked higher while equity ...

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Swift oil recovery could be a trap for bulls Oil prices posted one of the strongest daily gains on Monday since March, with Brent benchmark closing 5.5% higher. Part of the rally reflected a surge in demand for risk assets, as doubts that the Fed ...

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The rebound of EURUSD may be short-lived as Fed Powell speech is ahead Oil prices escape the grip of sellers and stage rebound on Monday after spending almost entire last week in correction. Equity markets rebounded as well which drove sell-off in ...

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Dollars surges on equity correction, markets fear Fed tightening July Fed Minutes released on Wednesday hit risk appetite despite lack of clear hawkish shift in the tone of wordings. Markets saw renewed selling pressure albeit with more vigor thanks ...

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Downbeat Retail Sales surprise could amplify negative impact of the Fed QT news, extending equity correction Global equities are down for the second day in a row while USD stands firm ahead of release of the US retail sales report. Consumer optimism ...

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Weak US consumer sentiment data hints at weak July Retail Sales print Risk appetite in equity markets eased on Monday after release of disappointing data on Chinese economy. Industrial production rose 6.4%, missing expectations of 7.8%. Fixed ...

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July US inflation failed to surprise markets as temporary drivers fade Inflation in the US rose by 0.5% in July in monthly terms, which was in line with expectations, however, core inflation rose by 0.3%, which was less than the forecast of 0.4%. ...

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EURUSD may break 1.17 if the US July CPI indicates persistence in price growth The dollar started the week on a positive note and on Tuesday continues to consolidate around the resistance at 93 points on DXY. Technically, there is a second retest in ...

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What to expect on ADP report today? Medium-term analysis of NZUSD The NZD rose nearly half a percent against greenback after data released Wednesday showed that New Zealand's unemployment rate returned to the record low level that was before the ...

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What does ISM Manufacturing data tell us about July NFP? The latest CFTC data showed that investors continued to build up USD longs ahead of the Fed meeting in August. Given the downside in USD last week, this dynamic was quite unexpected. It can be ...

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US yields are about to bottom out The dollar starts off the week on a weaker footing, however there is a great chance that bearish pressure will ease as we get closer to Friday. At the meeting last week the Fed left the door open for rumours about a ...

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Cautious Fed tone fuels risk taking. What’s next for EURUSD, GBPUSD? The Fed took another timid step towards tightening monetary policy at yesterday's meeting. The Central Bank also acknowledged that increased inflation may linger longer than ...

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What to expect from the Fed meeting this week? Technical setup in EURUSD Despite the shocks associated with local Covid-19 outbreaks and calm summer season, stock markets find the strength to reach fresh peaks. On Friday, SPX broke through ...

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This EURUSD technical pattern is a worrying omen for Euro bulls US equities managed to rebound on Tuesday which discouraged further selling, European markets and US index futures picked up the tone of recovery on Wednesday. As I wrote earlier, EM ...

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Risk of more downside in equities remains high as bond market moves spell trouble Correction in risk assets apparently took a break on Tuesday, however weakness in oil and greenback strength persist. After a brief respite early in the session, ...

Daily Market Insights & Charts