Thursday 11th July: Dollar remains under pressure following Powell’s dovish comments.
Key risk events today: BoE Financial Stability Report; ECB Monetary Policy […]
Wednesday 10th July: Powell vs. BoC vs. FOMC meeting minutes – expect volatility, traders.
Key risk events today: UK GDP m/m; UK Manufacturing Production m/m; […]
Tuesday 9th July: Greenback regains footing as bets on aggressive US rate cuts fade.
Key risk events today: NAB Business Confidence; Fed Chair Powell Speaks; […]
Monday 8th July: Weekly technical outlook and review
Key risk events today: BoJ Governor Kuroda Speaks. EUR/USD: Weekly gain/loss: […]
Friday 5th July: US non-farm payrolls takes centre stage today – remain vigilant.
Key risk events: Canadian Employment Change and Unemployment Rate; US Average […]
Thursday 4th July: US banks are closed in observance of Independence Day – liquidity may thin out.
Key risk events today: Australian Retail Sales m/m; US banks are […]
Wednesday 3rd July: Safe-haven assets push higher amid concerns over Federal Reserve rate policy and Trump trade wars.
Key risk events today: Australian Building Approvals and Trade Balance; UK […]
Tuesday 2nd July: Dollar index eyes 97.00 amid improved market sentiment.
Key risk events today: RBA Cash Rate and Rate Statement; OPEC-JMMC […]
Monday 1st July: Weekly technical outlook and review.
Macroeconomic data out of both the US and Europe was largely ignored Friday, as price continued to emphasise a consolidative phase into the close. The market clearly remains on the sidelines ahead of the critical trade talks at the G20 summit in Japan, Osaka.
