Trading Opportunities

USD/JPY: Reversal Signal or More Downside?

The Japanese yen has tested prices below 141, an eight-month low for the pair. But eventually pulled back above 142. From a technical perspective, this long wick might look to some traders to be the start of a small reversal...

How to Trade the Presidential Debate?

Investor focus is about to turn to the televised presidential debate between Donald Trump and Kamala Harris. With the race currently so tight, even a small post-debate shift in voter sentiment could impact key markets....

EUR/USD: BofA’s Expectations for This Week

Bank of America (BofA) is in line with market expectations, predicting that the European Central Bank (ECB) will announce a 25-basis point rate cut in its decision this week....

Can Inflation Shift the Fed’s Rate Path?

Futures markets are pricing in a US rate cut for September, with a 62% chance of a 25-basis point cut and a 38% chance of 50-basis points. The Fed’s dovish shift has helped the euro surge to its highest level...

EUR/USD: Will ECB Resume Rate Cuts Next Week?

Futures markets are pricing in a US rate cut for September, with a 62% chance of a 25-basis point cut and a 38% chance of 50-basis points. The Fed’s dovish shift has helped the euro surge to its highest level...

XAU/USD: Citi Sees 50bp Rate Cut After NFP

Citi anticipates the upcoming Non-Farm Payroll (NFP) report will show 125,000 new jobs, leading to a 50-basis point rate cut by the Federal Reserve. Citi suggested in a note to Clients on Tuesday that if payrolls come in between 125,000...

USD/JPY: 50% Retracement in Play

Arif Husain, the head of fixed income at T. Rowe, is cautioning that volatility threatens the Japanese yen. Husain suggests that the yen carry trade has been unfairly blamed for what may actually be the onset of a larger, more...

Volatile Week for USD/CAD?

The Bank of Canada (BoC) is anticipated to lower rates by 25 basis points on Wednesday, bringing the policy rate down to 4.25%. This expectation follows a recent CPI report that indicated further easing in core inflation, coupled with weaker...

USD/CHF: Jordan’s Final Moves as SNB Chief

Switzerland's Consumer Price Index (CPI) for August is forecast to show a year-over-year increase of 1.2%, down from 1.3% in July. On a month-over-month basis, CPI is expected to rise by 0.1%, rebounding from the prior month’s 0.2% decline....
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