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Market Analysis

Market Spotlight: USD Demand Ramps Higher on Bullard Comments
Market Spotlight: USD Demand Ramps Higher on Bullard Comments

Bullard Ups The Stakes The US Dollar has received further support into the end of the week following hawkish comments from Fed’s Bullard. Following on from Brainard who, earlier in the week, voiced...

Market Spotlight: NZDCAD Patter Play on Watch
Market Spotlight: NZDCAD Patter Play on Watch

NZDCAD Triangle On Watch Price action in NZDCAD is worth monitoring here. Following the rally across February and into early March price has since been caught in a block of consolidation under the...

Market Spotlight: DXY Soars On Hawkish FOMC Minutes
Market Spotlight: DXY Soars On Hawkish FOMC Minutes

Fed Pushing Ahead in MayThe US Dollar has been higher today on the back of the release of the March FOMC minutes yesterday. The minutes confirmed the hawkish shift within the Fed, revealing members’...

Market Spotlight: Bonds Under Pressure Following Brainard Comments
Market Spotlight: Bonds Under Pressure Following Brainard Comments

Bonds Tank on Fed HawkishnessUS bond prices continue to sink this week, with bonds soaring, on the back of hawkish comments from Fed’s Brainard overnight. Speaking at a conference in Minneapolis,...

Market Spotlight: AUD Soars On RBA Rates Language Shift
Market Spotlight: AUD Soars On RBA Rates Language Shift

RBA Looking to Hike Sooner Than ExpectedThe Aussie Dollar has been the strongest performer of the day following a hawkish surprise at the RBA rates meeting overnight. While no change in monetary...

Market Spotlight: Ethereum Heading to 1st Target
Market Spotlight: Ethereum Heading to 1st Target

ETH Breaks OutThe resolution from the recent triangle formation highlighted in ETH has seen price triggering the breakout play through 3310.5. The continued recovery in risk appetite, particularly in...

Market Spotlight: Ruble Soars On Putin's Gas Payment Demand
Market Spotlight: Ruble Soars On Putin's Gas Payment Demand

USDRUB Reverses Sharply The US Dollar has fallen almost 21% against the Ruble today and is now down around 42% from the all time highs printed earlier this month. The driver behind the reversal in...

Market Spotlight: GBPJPY Breakout Hits 2nd Target
Market Spotlight: GBPJPY Breakout Hits 2nd Target

GBPJPY Breakout CompleteThe rally in GBPJPY has seen the pair hitting the final target for the breakout trade from 157.88 at 162.59. The rebound in risk assets over recent weeks has fuelled a high...

Market Spotlight: One More Push Lower For GBPNZD?
Market Spotlight: One More Push Lower For GBPNZD?

GBPNZD Testing Key LevelThe sell off in GBPNZD has seen the pair collapsing by around 8% over the last month, shedding around 1600 pips! The decline has been firmly consistent with price blowing...