Risk sentiment in the entire capital market has been rising this month, even as the resurging coronavirus cases weigh on the health of global economy.
Cyclical sectors – those most economically sensitive groups – have led the market’s November rally amid a slew of positive vaccine news. Energy...
Market confidence waned after the best week in decades, USD/JPY may continue to move lower
US stocks soared last week to post their biggest weekly gains since 1974, extending a remarkable rally despite evidence of increasing levels of economic strain due to the coronavirus pandemic.
Markets...
There is no trade call for the session. There was no notable news during the Asia-Pacific session. USDJPY is down 160 pips from yesterday’s highs. The London session is also very light on data.
Current Sentiment:
Yesterday’s NY session saw a dovish Yellen; citing downside risks and lower...
There is no trade call for the session. Today’s London session is light on data, however the NY session sees Retail Sales from the US which could be a market-mover.
Current Market Sentiment
The RBA released minutes from their March 1 meeting. They contained no surprises but confirmed the Bank...
There is no opening trade call as we await the US employment data on tap later today.Read through my analysis of the current market sentiment in order to prepare for the upcoming trading opportunities.
Current Market Sentiment:
Yesterday's NY session was dominated by the large load of data...
We will be looking for dollar longs on pullbacks throughout the week, especially against weaker currencies such as the euro, but this is highly dependent upon the results of forthcoming tier one US data.
Market Sentiment:
Yesterday's bank holiday in Europe and the US resulted in very light...
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