The market got what it was looking for from the FOMC meeting last night, which was nothing. There has been a bit of back and forth since that meeting and the subsequent Biden address on his big spending and tax proposals from here, with the USD weak and the JPY...

Yesterday's FOMC meeting decreased even further the appeal of US Treasuries. The Federal Reserve's chances of running towards a policy mistake are rising exponentially, leaving US Treasury holders increasingly vulnerable. Investors are left with only one option: picking credit and duration risk wisely within the junk bond space. High-yield corporate...

Prices are facing bullish pressure from horizontal swing low support in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension . Prices might push up towards horizontal swing high resistance in line with 78.6% Fibonacci extension . If prices push down further, prices might take support on horizontal swing low...

Prices are facing bullish pressure from horizontal swing low support in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 78.6% Fibonacci extension. If prices push down further, prices might take support on horizontal swing low support in...

The Breakout Opportunities system has just bought GBPJPY at 151.866. The system recommends entering this trade at any price between 151.655 and 152.092. The signal was issued because the GBPJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.298, suggesting that the GBPJPY may have further...

Prices are approaching our support in line with our graphical support level , 38.2% retracement and 78.6% extension where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.

Prices are approaching our support in line with our graphical support level, 38.2% retracement and 78.6% extension where we could see a bounce above this level. Ichimoku cloud and EMA are showing signs of bullish pressure as well, in line with our bullish bias.

Today we run through the FOMC non-event that kept the Fed in wait-and-see mode as expected, although it was sufficiently dovish to trigger a slightly lower anticipation of eventual Fed tightening and a weaker US dollar. We also look at Biden's address on his stimulus and tax proposals, important inflation...

US equities rose to new all-time high in futures trading overnight after US President Biden was out with his first speech before Congress touting his big new stimulus and tax proposals. Earlier, the market had closed indifferently after the FOMC meeting saw the fed sticking to its guns in its...

A follow up on our inflation watch series taking a look at Australia CPI data and trends unfolding with respect to price pressures in the US.There’s no denying it, reflation is not the dominant theme in Australia’s 1Q inflation data. Price pressures are weak outside of transport and health, and...