- Search Energy EXCH
- Submitted Dec 14, 2021|From blog.hycmlab.com
This is a potentially very volatile week for the EURUSD pair as both US and European policy come into key focus under the cloud of Omicron uncertainty. Both the US and Europe have seen rising case numbers. The recent surge in Europe has tailed off, ...
- Submitted Dec 6, 2021|From blog.hycmlab.com|2 comments
video One of the marked seasonal patterns around year-end in the currency space is that the dollar tends to fall. The weakness in the dollar causes a marked strength in EURUSD. So, watch out for any EURUSD strength starting from around December 20. ...
- Submitted Dec 2, 2021|From blog.hycmlab.com
The medium-term demand picture for copper is set to remain strong. Electric vehicles, wind turbines, and circuitry all need copper in large amounts to conduct renewable energy across its various grids and user applications. This means that any dips ...
- Submitted Dec 1, 2021|From blog.hycmlab.com
Leaning on a spear can be a similar analogy to relying on the SNB to intervene in the EURCHF exchange rate. In January 2015, the SNB famously stepped back from defending the 1.2000 peg and the pair fell dramatically. However, despite this unreliable ...
- Submitted Nov 24, 2021|From blog.hycmlab.com
video US oil has become an interesting political battlefield between OPEC and the US. After the US asked OPEC to increase production, and OPEC refused, the US has been threatening to release some of its emergency oil reserves. The US energy ...
- Submitted Nov 22, 2021|From blog.hycmlab.com
In the October 05 meeting, the RBA indicated that they had hit rock bottom, that peak ‘bleakness’ had been reached. The impact from falling Iron ore prices, China’s slowdown in growth, the Evergrande crisis, as well as the delta variant locking down ...
- Submitted Nov 22, 2021|From blog.hycmlab.com
The NZD should remain bought into the RBNZ meeting this week as expectations are that there will be a 25bps rate hike. OiS swaps pricing are looking at a 100% probability of a 25bps hike to 0.75%. Some analysts think that the RBNZ could surprise ...
- Submitted Nov 19, 2021|From blog.hycmlab.com
The potential for gold upside has been well discussed over recent days, but silver is also worth a look as there are some easy technicals to measure risk with and a similar fundamental story. Gold’s key appeal at the moment is as an inflation hedge. ...
- Submitted Nov 17, 2021|From blog.hycmlab.com
Gold often has a very strong time of the year around the turn of the year. However, sometimes that trend can start early around November time. If Inflation expectations keep rising, but the Fed keep stating that they will be patient on rate hikes ...
- Submitted Nov 17, 2021|From blog.hycmlab.com
The Canadian dollar is a good example of a currency that has a bullish outlook, but may not be pushing higher in the short term. Why? This is because quite a lot of the good news for CAD has already been priced in. At the last Bank of Canada meeting ...
- Submitted Nov 16, 2021|From blog.hycmlab.com|1 comment
The RBNZ is meeting on November 24. New Zealand has record-high employment data and strong inflation pressures. The Q3 inflation rose at its fastest pace in 10 years with the annual inflation rate moving to 4.9% from 3.3% in Q2. The unemployment ...
- Submitted Nov 11, 2021|From blog.hycmlab.com
The RBNZ have record-high employment data and inflation pressures. New Zealand Q3 inflation has risen at its fastest pace in 10 years with the annual inflation rate moving up to 4.9% from 3.3% in the second quarter. The Unemployment rate is down to ...
- Submitted Nov 11, 2021|From blog.hycmlab.com
Heading into the Bank of England meeting last week investors were fully pricing in a 15bps hike to 0.25% with a further four 25bps being priced in for 2022. In the end, the Bank of England sorely disappointed markets and the MPC vote was 7-2 in ...
- Submitted Nov 10, 2021|From blog.hycmlab.com
video Fundamentally, precious metals could be set for gains heading into Q1 of next year. Inflation remains pressured to the upside and this is keeping real yields lower which helps both gold and silver. The Federal Reserve doesn’t look like ...
- Submitted Nov 8, 2021|From blog.hycmlab.com
video The GBP rightly sinks lower this week as the Bank of England defies rates market expectations of a 15bps rate hike. The Bank of England has communicated by this decision that they fear hindering growth by raising rates too quickly more than ...
- Submitted Nov 2, 2021|From blog.hycmlab.com
video The Bank of Japan (BoJ) stands alone among the world’s central banks. As central banks are looking like hiking rates the BoJ is still using yield curve control on its 10-year bond. The BoJ is signalling that it does not want to hike rates. ...
- Submitted Nov 1, 2021|From blog.hycmlab.com
The one notable mover in October has been significant JPY weakness. This has been very marked. So, the one question that was crucial was, ‘Is the BoJ worried about this?’ The answer is ‘no, not at all’. So, the one question that was crucial was, ‘Is ...
- Submitted Oct 27, 2021|From blog.hycmlab.com
One of the best trading opportunities this week in the FX markets could well come from the BoC meeting today. The CAD has been well supported recently on three main factors. Firstly, rising oil. The buoyant oil market has lifted all the ...
- Submitted Oct 26, 2021|From blog.hycmlab.com
video Natural gas prices have been surging recently and that has resulted in some major concerns about a so-called ‘energy crunch’. Furthermore, natural gas inventory levels have been really low, particularly in Germany, and that has been boosting ...
- Submitted Oct 25, 2021|From blog.hycmlab.com
Oil prices have been supported on a variety of factors over the last few weeks. Low inventories (there was another surprise draw last week), rising demand, increased expectations by the IEA of further demand, and a sharp rise in global vaccination ...