Weekly Forecast: Event Risk Ramps Up from US GDP to ECB Rate Decision

We have seen sentiment start off to a remarkable robust clip for 2018, but how much of that is due to an absence of heavy event risk to undermine momentum born of complacency?  More...

by gossewestra | Published 9 hours ago
By gossewestra On Saturday, January 20th, 2018
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Why EUR/JPY May be the Most Loaded FX Pair In the Week Ahead

Talking Points: The collective bullish weight of the Euro and Yen (and perhaps Pound) was enough to force a critical Dollar breakdown In past weeks the Euro rallied on hawkish ECB minutes and German coalition news More...

By gossewestra On Saturday, January 20th, 2018
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US Government Fears, US and UK GDP, ECB and BoJ Ahead

Talking Points: The brinkmanship on funding the US government has returned, but you couldn’t tell from US equities as SPX and Dow closed at records Unrestrained speculative appetite seems increasingly regional More...

By gossewestra On Saturday, January 20th, 2018
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Gold Prices Snap Five-Week Winning Streak, U.S. GDP in Focus

Fundamental Forecast for Gold:Neutral Gold prices snapped a five-week winning streak with the precious metal down 0.26% to trade at 1334 ahead of the New York close on Friday. The losses come despite continued More...

By gossewestra On Saturday, January 20th, 2018
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Oil Prices Vulnerable to Signs of Growing U.S. Crude Output

Fundamental Forecast for Crude Oil Prices: Bearish The broader outlook for crude remain constructive as the Organization of the Petroleum Exporting Countries (OPEC) and its allies prolong the production cuts from More...

By gossewestra On Saturday, January 20th, 2018
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Yuan Looks to US-China Trade Talks, PBOC Policies

Fundamental Forecast for CNH: Neutral Trump administration threats to impose trade sanctions against China, a concern for the Yuan. China toned down Davos forum this year, while the U.S. takes over the spotlight. Yuan More...

By gossewestra On Saturday, January 20th, 2018
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Australian Dollar Could Use A Breather- It Might Just Get One

Fundamental Australian Dollar Forecast: Neutral The Australian Dollar has climbed mightily against its US cousin in the last month Why should it not with both domestic and international factors aligned on its More...

By gossewestra On Saturday, January 20th, 2018
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GBP: Perhaps Not Ready Yet For Assault on $1.40

GBP Talking Points: GBPUSD remains firm but the 1.40 level will likely prove a difficult barrier to jump. Unemployment, earnings and GDP data are all potentially market moving. Bank of England Governor Mark Carney More...

By gossewestra On Saturday, January 20th, 2018
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U.S. Dollar’s Three-Year Lows Run into GDP, BoJ, ECB

Talking Points: Fundamental Forecast for USD: Neutral It was the start of another rough week for the U.S. Dollar as markets re-opened after an extended holiday weekend in the United States. DXY sank down to a fresh More...

By gossewestra On Friday, January 19th, 2018
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A Look Inside Bitcoin Traders’ Minds During the Cryptocurrency Crash

Talking Points – Bitcoin (BTCUSD) fell as much as -53% from its December 2017 high to its January 2018 low this week, in what easily amounts to a market crash. – Cognitive and emotional biases manifest More...