Analysis & Opinion
EUR/USD Struggles to Find Direction
18.12.2024
EUR/USD Struggles to Find Direction
Traders have mostly discounted the latest single cut by the European Central Bank (‘the ECB’) since that was widely expected…
EUR/USD: the outlook remains negative
18.12.2024
EUR/USD: the outlook remains negative
The euro corrected upwards, and the EUR/USD pair rose during today’s European trading session after a 5-day decline the day…
AUD/USD Holds 0.6360 Support for Now but Long-Term Trend Stays Bearish
18.12.2024
AUD/USD Holds 0.6360 Support for Now but Long-Term Trend Stays Bearish
RBA has shifted to a less hawkish monetary policy stance. The interest rate swaps market has started to price in…
USD/CAD Drops as Macklem Hints at Gradual Cuts in 2025
15.12.2024
USD/CAD Drops as Macklem Hints at Gradual Cuts in 2025
BOC Meeting and USD/CAD Key Takeaways The Bank of Canada cut interest rates by 50bps to 3.25%, as expected. BOC…
AUD/USD: Sudden Unemployment Slide Casts Doubt on Need for RBA Rate Cuts
15.12.2024
AUD/USD: Sudden Unemployment Slide Casts Doubt on Need for RBA Rate Cuts
Australian unemployment declines to 3.9% Cyclical areas of labour market hint unemployment has peaked February RBA rate cut back to…
Bitcoin: $90K Double-Top Signals Potential Pullback Before Rally to $100K Resumes
24.11.2024
Bitcoin: $90K Double-Top Signals Potential Pullback Before Rally to $100K Resumes
Bitcoin’s meteoric rise is fueled by market optimism, pushing it closer to $100k. Analysts are predicting Bitcoin could hit $200k…
Bond Yields May Eye Higher Ground After Soft Jobs Data, Treasury Borrowing Surge
24.11.2024
Bond Yields May Eye Higher Ground After Soft Jobs Data, Treasury Borrowing Surge
The job report on Friday delivered a big downside surprise with just 12k jobs created in October. Certainly nowhere near…
Credit Spreads at 17-Year Lows Reflect Confidence But Signal Growing Risk
24.11.2024
Credit Spreads at 17-Year Lows Reflect Confidence But Signal Growing Risk
Credit spreads have narrowed down to the lowest point since the pre-financial crisis period. It echoes the strength in the…
US 10-Year Treasury Yield Rally Signals Uptrend Continuation
24.11.2024
US 10-Year Treasury Yield Rally Signals Uptrend Continuation
Earlier this month, while the US 10-year yield was at 3.9670%, we wrote that it was likely headed towards 5.50%…
Turnaround Tuesday: Junk Bonds Flash Caution
24.11.2024
Turnaround Tuesday: Junk Bonds Flash Caution
Since the end of 2023 and throughout most of 2024, the high-yield, high-debt bonds have been on a tear. However,…