Pairing a weak currency against a strong currency is a basic market skill that intraday traders use daily. Which currency is likely to be strong and which is likely to…
Gold’s technical reversal signal Last week gold retested major support around the $1780 region. However, sellers were unable to push the price lower and the daily price action on Friday…
The Canadian Dollar has been finding steady bids over the last few weeks due to higher oil prices, an optimistic BoC, and recent reassurance from the Canadian consumer and house…
The Bank of England was one of the first major banks to increase interest rates in order to deal with surging inflation. With inflation at 9% y/y the early action…
One of the key skills in trading is trading a strong currency against a weak one. This helps generate a clear directional bias for a pair based on the underlying…
Gold has been touted as an inflation hedge and as a stagflationary play, so why are prices not soaring right now? You could be forgiven for asking this question as…
The NZDJPY pair has broken higher through resistance at 82.50 as flagged here on the strong fundamental picture for the pair. That fundamental picture remains in place as there are…
Gold prices hit $2000 this week as demand has been stoked recently. There have been a number of explanations for what’s driving gold prices, so this article will break down…
There are reasons for potential EURNZD weakness heading into the RBNZ rate meeting this week on February 23. New Zealand Dollar The New Zealand dollar has been the weakest currency…
At their last central bank meeting, the RBA gave three criteria for normalising policy. They were 1) the action of other central banks, 2) the behaviour of the bond market,…