Fundamental Analysis

FOMO Friday: Bitcoin Breaks Down Again

Bitcoin Drops 20%As we round out another week it’s time once again to take a look at the winners and losers. Chatting with traders it seems there have been plenty of attention grabbing trades this...

Slightly Hawkish ECB Stance Sets the Stage for Euro Advance

It’s not policy tightening, but the first serious hint that the process of withdrawal from extraordinary easing measures has begun. The ECB announced today at its meeting that it will reduce the rate...

BOC On Hold Over Fourth Wave Fears

BOC Holds SteadyThe Canadian Dollar remains under pressure into the back end of the week following yesterday’s September BOC meeting. While expectations were largely muted ahead of the event, bulls...

The Crude Chronicles - Episode 105

Oil Traders Cut Longs FurtherThe latest CFTC COT institutional positioning report shows that oil traders cut their net long positions again last week. Total upside exposure was reduced by a further...

Revised ECB Inflation Concept Could Disappoint Euro Bulls Tomorrow

European markets posted their biggest decline in almost three weeks on Wednesday, the day before the ECB meeting, at which officials are expected to discuss reduction of monetary stimulus.Until...

September BOC Preview

BOC Up NextThe Bank of Canada meets today for Its September monetary policy review and the event is drawing plenty of attention. Along with the RBNZ, the BOC has been among the most hawkish of the G10...

The RBA Gives Green Light to AUD Decline, Euro Waits for Hawkish Signals From the ECB

As market volatility continues to dwindle, investors are likely to favor currencies where central banks are raising interest rates. However, paths of monetary policy are still highly dependent on a...

RBA Leaves AUD Bulls Disappointed As QE Extended

AUD Lower Following RBAThe Australian Dollar has been weaker in the wake of the September RBA monetary policy meeting held overnight. Expectations had been broadly in favour of the bank announcing...

Key Reasons why Weak August NFP Wasn’t a Surprise. EURUSD Weekly Setup

The odds of a September Fed shift in policy retreated further after release of August NFP report last Friday. The payrolls gain was a big miss as it was three times less than consensus of 725K....