Forex

cpi nt

Is the USD still a buy ahead of US CPI

So many factors are affecting the currency markets right now that it can be hard to get your head around them all. Activity is definitely centered on the US. Last week, we had the US Federal Reserve’s interest rate decision...

The aftermath of the Fed’s fourth 75bps hike

It's now official; the US Federal Reserve has enacted its fourth consecutive 75-basis-points rate hike, bringing its benchmark rate to the 3.75% - 4.00% range, which is the highest it has been since January of 2008. The markets were expected...
twitter nt musk

Looking for a replacement for trading Twitter shares?

Now that Elon Musk’s buyout of Twitter has been completed, and the company has been taken off the trading market, what comparable stocks can traders look to trade now? Of course, there are other social media compatriots that traders could...

NZD falls from top 10 most traded currencies list 

A couple surprising notes have appeared in the Bank of International Settlements’ (BIS) survey released today (28/10/2022). The triennial (occurring every three years) survey was conducted with the involvement of monetary authorities, like central banks, from 52 territories as well...

Will the pound recover after Truss’ resignation?

The British pound is likely to see another few months of turmoil now that Prime Minister Liz Truss has resigned. During Truss’ reign, which latest a mere 45 days, the shortest tenure in UK prime ministerial history, the pound was...

Did GBP/NZD hit a sell signal?

The GBP/NZD has continued to sink from its recent high of 2.032 and is now well below the 2.000 level that the pair closed below on Tuesday. A major factor determining the movement of this pair is the respective inflation...

Reversal set for FX pairs after last week’s selloff?

By the close of last week's trading session, the top 3 worst performing currency pairs came out to be the USD/PKR (-4.91%), NZD/USD (-2.61%), and USD/SEK (-2.04%). To help determine the direction that these pairs will take this week, we...

1 week after Japanese yen intervention

Last Thursday was an incredibly volatile trading session for the USD/JPY. This volatility was largely caused by the Bank of Japan's (BoJ) intervention in the currency markets to defend its depreciating currency, the Japanese Yen. Last week’s move was the...

The when, why, and how sterling reaches parity

In just two trading days, the probability that the sterling will fall to parity against the US dollar increased to 60% on Sept. 26 from 32% on Sept. 23 after the UK government's announcement of new tax cuts elevated concerns...
Join Now