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Fundamental Analysis

USDJPY Soars Back Towards Highs
USDJPY Soars Back Towards Highs

JPY Breaks Down AgainUSDJPY is soaring higher again this week shrugging off any suspected intervention from Japanese authorities crashed ahead of Thursday’s NFP release, plunging around 1.3%. However,...

Dollar Dumped On NFP Miss
Dollar Dumped On NFP Miss

Weak Jobs DataThe US Dollar is trading lower today on the back of the June NFP release yesterday which came in sharply below forecasts. The headline NFP reading fell to just 57k last month, well below...

GBPUSD Bounce Continues As USD Cools
GBPUSD Bounce Continues As USD Cools

GBP Higher Despite Political UncertaintyGBPUSD continues to push higher ahead of the weekend with recent GBP gains bolstered by a weaker US Dollar. We’ve heard chatter of fund managers unwinding GBP...

Bitcoin Rallies On Weak USD
Bitcoin Rallies On Weak USD

USD RetreatingBitcoin prices are continuing to grind higher on Friday, benefiting from the USD weakness we’ve seen on the back of yesterday’s weaker-than-forecast US jobs data. BTC futures are back...

FTSE Finish Line: July 2 — Defensives Lift London as Mann Pushes Back Against Rate-Cut Hopes
FTSE Finish Line: July 2 — Defensives Lift London as Mann Pushes Back Against Rate-Cut Hopes

FTSE Finish Line: July 2 — Defensives Lift London as Mann Pushes Back Against Rate-Cut HopesLondon moved higher on Thursday, supported by defensive healthcare, beverage and grocery stocks, even as...

Trading Gold Around Today's NFP
Trading Gold Around Today's NFP

NFPs On WatchGold prices are looking a little better today with the futures market in green amidst the pullback in USD. However, the yellow metal has been well sold over the last four months and risks...

Dollar Plunges On Suspected JPY Intervention
Dollar Plunges On Suspected JPY Intervention

BOJ Intervention?The US Dollar is falling sharply today ahead of the keenly awaited June NFP release this afternoon. The downside action looks linked to the strong rally we’re seeing in JPY today...

Copper Plunges As Traders Await Tariff News
Copper Plunges As Traders Await Tariff News

Copper Tariff Decision PendingCopper prices are down sharply today as traders await a report from the US Commerce Dept determining whether or not import tariffs will apply to refined copper tariffs....

Dollar Steady Ahead of Warsh Speech & Jobs Data
Dollar Steady Ahead of Warsh Speech & Jobs Data

Fed Chair to SpeakThe US Dollar remains buoyant today ahead of a closely watched speech by new Fed chairman Kevin Warsh who speaks at the ECB’s Sintra conference today. While the DXY is down from last...