Forex

Two currency trades to consider in January

The first month of the new year is upon us and with it a new batch of trading opportunities. But where are the trading opportunities this month? With no knowledge of what surprises may lurk around the corner, we can...

This week could set long-term trend of USD/JPY

The USD/JPY has been one of the most interesting pairs to trade in 2022. The pair has had it all, including hitting record highs and central bank intervention. But the year is not over, and some more market events are...

EUR/USD: Calm before the interest rate storm

The central banks of the most traded currency pair are both making very important interest rate decisions this week in quick succession. On Thursday (8.00am NZDT) the US Federal Reserve will deliver its final interest rate decision for the year....

The FIFA World Cup of forex

The biggest event in the world is occurring right now in Qatar. 32 national teams are contesting the FIFA World Cup, drawing in audiences in the billions. With so many eyes on the games, it could be argued that it...

Will the NZD rally or reverse after the RBNZ rate decision?

The NZD/USD has been on an uptrend since mid-October. However, this rally may be on a temporary halt as the pair hits the upper trend line on its downward channel, as shown below in the daily timeframe chart. For now,...

US PPI data and wayward projectiles impacting EUR/USD

The Euro has lost some ground against the US dollar after reports that Russian missiles had struck inside the Polish border killing two polish citizens. The reason for the drop in the Euro is because Poland is a NATO member...

How did markets react to soft US inflation?

Huge, unexpected moves occurred across several markets after the US inflation report for October was released last Thursday. For those that missed the news, US inflation came in softer-than-expected at 7.7% (vs. 8.0% expected, and down from 8.2% in the...
cpi nt

Is the USD still a buy ahead of US CPI

So many factors are affecting the currency markets right now that it can be hard to get your head around them all. Activity is definitely centered on the US. Last week, we had the US Federal Reserve’s interest rate decision...

The aftermath of the Fed’s fourth 75bps hike

It's now official; the US Federal Reserve has enacted its fourth consecutive 75-basis-points rate hike, bringing its benchmark rate to the 3.75% - 4.00% range, which is the highest it has been since January of 2008. The markets were expected...
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