Submitted May 12, 2025|From forex.com

I felt like a lone world these past few weeks, calling for a bullish US dollar reversal amid a slew of bearish dollar headlines. But when prices refuse to go down on bad news, it leaves them vulnerable to bounce on good. And positive headlines from ...

Submitted May 8, 2025|From forex.com|5 comments

The US dollar rallied on Thursday as President Donald Trump announced a trade agreement had been reached with the UK, while also stoking hopes that upcoming US–China talks could yield meaningful progress. The Japanese yen weakened notably on the ...

Submitted May 7, 2025|From forex.com

There were no surprises in this week’s FOMC meeting—in fact, it went exactly as I expected. The Federal Reserve (Fed) kept policy unchanged and came across as less dovish than before. That’s not to say they were hawkish, but their reference to ...

Submitted May 4, 2025|From forex.com

Futures traders are increasingly bearish on the US dollar, pushing net-short exposure to -18.3 billion, the highest since August 2023. Despite this, the US dollar index (DXY) actually rose last week, suggesting a growing divergence between ...

Submitted Apr 30, 2025|From forex.com|2 comments

The US economy contracted for the first time in three years in Q1, according to the latest GDP report, with a surge in tariff-induced imports and a lack of government spending largely to blame. Imports jumped 41.3% as firms rushed to pre-order goods ...

Submitted Apr 29, 2025|From forex.com

The US dollar caught a bid after President Trump took the seemingly positive step of allowing US car makers more time to move supply chains back home. Trump has agreed to provide car makers with credits of up to 15% of vehicle values assembled ...

Submitted Apr 28, 2025|From forex.com

The rally from the November low has been nothing short of impressive, with EUR/AUD rising over 16% by the April high. What makes it particularly interesting is how the second and third rallies increased in velocity with each wave. But perhaps bulls ...

Submitted Apr 27, 2025|From forex.com

The Australian dollar was higher across the board last week, and made notable ground against safe havens such as the Swiss franc and Japanese yen. Appetite for risk was restored after Trump seemingly scaled back his aggressive approach to trade ...

Submitted Apr 22, 2025|From forex.com

Last week I outlined a case for a low on the US dollar to form. While it did not nail the exact low, recent developments are shifting in favour of one forming. President Trump stated on Tuesday that he has no plans to fire Fed Chair Jerome Powell. ...

Submitted Apr 22, 2025|From forex.com

It was a mild risk-on tone on Tuesday, on hopes that US–China trade tensions could recede following comments from US Treasury Secretary Scott Bessent. Speaking at a private investor summit hosted by JP Morgan (JPM), CNC reported that Bessent expects ...

Submitted Apr 15, 2025|From forex.com

Federal Reserve Chair Jerome Powell will speak on the U.S. economic outlook before the Economic Club of Chicago on Wednesday (local time), or 3:15 a.m. Thursday Sydney time. Traders are expected to pay close attention to his remarks for any clues on ...

Submitted Apr 14, 2025|From forex.com

Tech stocks including Apple, Dell and ASML were higher on Monday after President Trump announced tariff exemptions on items such as smart phones, computers and some semiconductor devices. While this has been well received, Trump has warned that ...

Submitted Apr 14, 2025|From forex.com

Large speculators reduced gross-short exposure to Australian dollar futures (AUD) futures by -10% (-10.2k contracts) and increased longs by 9% (2.2k contracts), reducing net-short exposure by -12.5k contracts Net-short exposure to Canadian dollar ...

Submitted Apr 13, 2025|From forex.com

Last week serves as a fine example that volatility can cut both ways. The Australian dollar staged a strong rally from Wednesday’s low, having fallen to just 13 pips above the 59-cent handle. By the week’s close, AUD/USD had fully reversed all of ...

Submitted Apr 10, 2025|From forex.com|2 comments

Anyone expecting a quiet Asian session heading into the weekend was caught off guard as the US dollar continued to unravel at breakneck speed. US dollar index futures gapped lower at Friday’s open and swiftly fell below the 100 handle, a key level ...

Submitted Apr 10, 2025|From forex.com|2 comments

Turbulence remains in play, with Wall Street handing back around half of Wednesday’s gains, which marked one of their best days in years. The excitement of a tariff pause has passed, and traders are now mulling over the fact that a 10% tariff ...

Submitted Apr 8, 2025|From forex.com

The RBNZ cut its Official Cash Rate (OCR) by 25bp as expected to 3.5%, marking the fifth cut of the cycle and bringing the total reduction to 200bp. This also sees the central bank slow its pace of easing, following three prior cuts of 50bp each. ...

Submitted Apr 8, 2025|From forex.com

All eyes are on how China responds to Trump’s 104% tariff. With the numbers already becoming meaningless, the Australian dollar could get dragged a lot lower with a yuan devaluation, with AUD/CHF leading the bearish stampede amid Swiss franc ...

Submitted Apr 7, 2025|From forex.com

Gold is usually considered to be a safe-haven asset, which generally makes it a ‘go to’ market during times of turbulence. It may therefore seem confusing to some that gold has just suffered its worst 3-day run since the pandemic in light of recent ...

Submitted Apr 7, 2025|From forex.com

They say investors don’t like uncertainty, but one thing we can be sure of is that uncertain times lie ahead. A flurry of contrasting headlines hit traders’ screens on Monday, pulling sentiment in both directions. Risk was initially given a bump on ...