Market Observation: All about the 200WMA

Market Observation – All about the 200WMA

T1 weekly overview

Weekly Outlook – Will the FOMC Reiterate Normalization on Wednesday?

In the US, the Greenback was on the offer for the second week in a row on the backdrop Yellen’s dovish testimony as well as political concerns over the Trump administration not being able to push through reforms. This sent US yields lower ahead of this week’s FOMC meeting. Despite the political concerns, US stocks […]

T1 weekly overview

Weekly Outlook – USD lower on Yellen Testimony, ECB in Focus this week

Fed Chair Yellen took centre stage in Washington last week where she, in her testimony front of Congress, triggered a drop in the US Dollar and US yields on back of dovish comments related to the US rate outlook. Her comments sent US yields and the Greenback lower with EURUSD posting new 2017 highs at […]

T1 weekly overview

Weekly Outlook – USDCAD, Yellen Testimony in focus

FX major markets saw the US Dollar recover some of the lost ground on back of the somewhat hawkish FOMC minutes and a strong labor market report (although wage inflation remains subdued). The Euro fell slightly, but net longs are improving according to CFTC data, where EUR net longs have increased in 10 out of […]

T1 weekly overview

Worst quarter for the USD in seven years…

The US Dollar faced in Q2 2017 the worst quarter in seven years pushing EURUSD above 1.14, with trend resistance coming in around the 1.1450-level. Although the Euro zone surprise index has fallen, macro data is still performing relatively better than in the US and lack political progress in the US is keeping the economy […]

T1 weekly overview

Weekly Outlook – Gold to break key resistance?

▸Despite the recent rating downgrade of China by Moody’s, the Chinese sector expanded at the fastest pace in four months. The Caixin PMI cane out at 52.8 vs. 51.5 in May. This week, Chinese inflation will be important for the Asian region as it could affect PBOC policy. ▸The US Dollar fell on back of […]



T1 weekly overview

Weekly Overview – EZ CPI and US NFP in Focus

▸Moody’s downgraded China for the first time in 30 years to A1 from Aa3 on concerns of increasing debt levels and cooling activity. ▸Negative week for Euro Area stocks while UK and US experiencing gains. US stocks erase early May losses and now back in plus. In FX, the US Dollar recovered some of the […]

T1 weekly overview

Weekly Overview – USD on the retreat

▸USD fell across the board on back of disappointing US data (weak housing starts, building permits overshadows decent industrial production) along with concerns over US politics, which we expect will continue to weigh heavy on the USD. Markets have starting to eye a potential dovish Fed on the June meeting. ▸US stocks are lower for […]

T1 weekly overview

Weekly Overview – VIX Touching Lowest Levels Since 1993

▸EUR-pairs experienced initial gains on the backdrop of the French elections, but the “buy rumour, sell fact” sent the European common currency on the offer along with European equities in the beginning of the week. Trend resistance in EURUSD still intact. ▸The Greenback gained overall last week, but disappointing inflation figures and retail sales coupled […]