Fundamental Analysis - Tickmill Expert Blog - Forex Traders Blog

US Inflation Data: One Step Back, Two Steps Forward.

Thegreenback’s attempts to recover after July US CPI report proved to beunsuccessful in the second half of the week. After forming a weekly peak at93.15 on Wednesday, DXY tumbled on the report....

FOMO Friday: Did You Catch The Gold Bounce?

Gold Bounces Back Off The LowsAnother week comes to a close in financial markets and as we pull into the middle of August it’s been a relatively quiet week. Summer trading is typically much lighter as...

July US Inflation Failed to Surprise Markets as Temporary Drivers Fade

Inflation in the US rose by 0.5% in July in monthly terms, which was in line with expectations. However, core inflation rose by 0.3%, which was less than the forecast of 0.4%. Annual inflation...

The Crude Chronicles - Episode 102

Oil Traders Reduce LongsThe latest CFTC COT institutional positioning report shows that oil traders reduced their net long positions by 19, 237 contracts last week. This latest reduction takes the...

US Inflation Report Could Disappoint Dollar Bulls

The US dollar holds its own near yearly highs ahead of release of US inflation report for July. According to consensus, core and broad inflation should finally start to ease after gaining 0.9% in...

EURUSD May Break 1.17 if the US July CPI Indicates Persistence in Price Growth

The dollar started the week on a positive note and on Tuesday continues to consolidate around the resistance at 93 points on DXY. Technically, there is a second retest in three weeks of the upper...

Precious Metals Monday 09-08-2021

GoldGold prices have seen their biggest daily move since November 9th last year so far today. The volatile move lower, followed by a sharp bounce off the lows, comes on the back of the July US jobs...

Key Economic Events and Reports for the Week Ahead

The July NFP report released on Friday confirmed investor expectations that US remains on growth track. The economy has added almost a million, cementing the case for hawkish Powell rhetoric on...

Bond Yields Rise in the US but Inflation Expectations Remain Primary Driver Despite Economic Optimism

Recent moves in global bond markets indicate that post-pandemic world is in danger of stagflation, but good economic data and record high stock market on the contrary imply rising economic...