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Risk sentiment tossed and turned throughout the week leading to a mostly choppy market as traders balanced broad recession fears with major economic & central bank event updates. The market spotlight was on Chinese stimulus updates…

Share: Powell warns inflation remains “too high,” signaling potential for more aggressive rate hikes to…

Crude Oil, WTI, Brent, Fed, Powell, Jackson Hole, US PMI, EIA – Talking PointsThe crude oil price is treading water as markets await Fed viewsWeak US PMI data appeared to overwhelm EIA inventory figuresMarkets are poised for clues from the…

This week kicked off with an underwhelming PBOC announcement, before the spotlight turned to mostly downbeat PMI readings and the Jackson Hole Symposium. A bit of risk-taking and anti-dollar sentiment lifted the commodity currencies…

Share: Powell’s hawkish tone on inflation and rate hikes sends USD/JPY whipsawing, eyeing a test of the…

Japanese Yen (USD/JPY, EUR/JPY) AnalysisIndicator of broader price pressures reach record highsIG client sentiment hints at bullish extensionEUR/JPY breakdown scenario may receive a boost from dovish leaning ECBThe analysis in this article…

As expected with major events on the calendar, it was arguably a tough week for our strategy discussions. Our directional biases were mostly correct, but event outcomes and fresh developments fundamentally invalidated most of our…

Share: AUD/USD fell more than 0.50%,  to a daily low near 0.6380. Jerome Powell opened the door to another…

US Dollar (DXY) Price, Chart, and AnalysisPrice stability remains key for the Fed.US dollar nudges lower. Recommended by Nick Cawley Traits of Successful Traders The conclusion of Fed chair Powell’s Jackson…

A popular trading expression is "the trend is your friend." This expression has stood the test of time because trends are critically important to any trading plan. Forex trendlines can be seen in almost any charting analysis due…