Trading Opportunities

USD opportunity? Market overestimating March rate cut?

The market is only pricing in a 30% chance of a rate cut from the US Fed in March now. Is this probability too high still? Jerome Powell spoke after the latest FOMC decision yesterday and noted that it was...

Oil’s Tug-of-War: Iran Tensions vs. Evergrande

On Wednesday, WTI crude futures dropped below $77 per barrel, undoing a 1.4% increase from the prior session, all while the U.S. readies itself to address a lethal attack on its troops in the Middle East. Perhaps traders are concerned...

Gold forecast: Crazy to expect rate cut tomorrow?

Mostly yes. Market consensus leans towards the U.S. central bank maintaining current interest rates following the conclusion of its two-day meeting tomorrow. However, the potential impact on the U.S. dollar and gold is likely to hinge on statements from Fed...

This week’s two best trading opportunities?

First opportunity AUD/USD: Australian inflation data released Tuesday evening, might make the AUD/USD the most interesting pair to watch this week. This is because inflation will likely come in higher than 4.0% still. Less than 24 hours later, we then...

Gold rally unlikely after strong US GDP data?

The United States revealed a 3.3% annualized GDP for the three months ending in December earlier today, surpassing the market's 2.0% forecast. The likelihood of an early-year Fed rate cut seems to have diminished even further now, helping curb weakness...

Time to Brace for GDP (and USD) Downside Surprise?

This Thursday marks the release of the initial estimate for the fourth quarter of 2023 GDP in the United States. If predictions hold true, there will be a noticeable deceleration in economic growth, with the market anticipating an annualized growth...

AUD/USD Trade alert: Strong USD vs RBA’s rate decision

Talk of a US$278 billion (1 trillion yuan) rescue package for Chinese shares might not be enough to support AUD/USD. Countering this positive signal for the AUD is general US dollar strength, caused by a shift in the market regarding...

Decide: Buy or Sell – Netflix vs. Tesla Earnings

Some analysts anticipate that Netflix's stock could reach a new 52-week high above $500 per share following the release of its fourth-quarter earnings report this Tuesday. The $506 mark is considered a target, representing the price it fell to at...

Currency to watch this week: Japanese Yen

The three big events of this week will likely be the BoJ, BoC, and ECB interest rate decisions. Even though we aren't expecting to see any rate cuts or rate rises from any bank, we are looking forward to the...
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