Fed Chair Jerome Powell

Week Ahead: Can US500 index hold on to post-election gains?

Fri, 28 Feb 2025 06:28:40 +0000

Week Ahead: Can US500 index hold on to post-election gains? han.tan@FXTM CY CA Fri, 02/28/2025 - 08:28

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Having just erased all of its year-to-date gains, this benchmark US stock index is now merely 1.4% higher since the November 5th close. Greater risk-off moves in the first week of March 2025 could wipe out all that remains of the US500’s climb since President Trump’s election win.

Week Ahead: Will EURUSD hit new 6-month low?

Fri, 22 Sep 2023 06:46:56 +0000

Final week of Q3 2023 may prove relatively less hectic for markets
EURUSD still set to uncover trading opportunities
Eurozone data may point to even-darker economic outlook
US dollar could be boosted by PCE Deflators, hawkish Fed Read More

GBPUSD drops after poor UK PMIs

Wed, 23 Aug 2023 08:54:12 +0000

GBPUSD sinks after UK PMIs came in below expectations
Bank of England rate hikes are taking toll on UK economy
Bloomberg model: GBPUSD likely to trade between 1.2545 – 1.2828 into next week
Friday's speech by Fed Chair Powell may herald more volatility for GBPUSD

The Pound is the worst-performing G10 currency against the dollar today.

Trade of the Week: SPX500_m demands proof out of Nvidia, Jackson Hole

Mon, 21 Aug 2023 06:13:14 +0000

Trade of the Week: SPX500_m demands proof out of Nvidia, Jackson Hole han.tan@FXTM CY CA Mon, 08/21/2023 - 09:13

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The SPX500_m, which tracks the underlying S&P 500 index, is at the mercy of two of the largest market themes of 2023 coming head-to-head this week.

Trade of the Week: EURUSD to suffer another inflation scare?

Mon, 26 Jun 2023 08:40:58 +0000

Blomberg FX model: 74% chance EURUSD will trade within 1.0784 - 1.1010 this week.
Traders to react to Powell vs. Lagarde comments due June 27-28
EURUSD typically sees 38% larger 1-day move on European CPI release days

The world’s most-traded FX pair has managed to shrug off the threat to the Putin regime over the Read More

Trade of the Week: The return of $2k gold?

Mon, 01 May 2023 17:28:46 +0000

Trade of the Week: The return of $2k gold? han.tan@FXTM CY CA Mon, 05/01/2023 - 20:28

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Bloomberg’s model points to a 72% chance that spot gold will trade within the $1938.57 - $2031.73 range over the next one-week period.

Week Ahead: More big swings for USDCHF?

Fri, 17 Mar 2023 06:35:10 +0000

The Swiss Franc has been the most volatile G10 currency against the US dollar this week.

The turmoil from recent days surrounding Silicon Valley Bank and Credit Suisse has roiled USDCHF, while altering the market’s expectations for key central bank meetings due in the coming week.

And there could be more Read More

Week Ahead: Watch these 3 major FX pairs

Fri, 03 Mar 2023 06:54:06 +0000

The FX world could see some heightened volatility if the US Dollar receives a double boost, along with any surprises out of G10 central banks in action over the coming week:

Monday, March 6

AUD: Australia February inflation gauge
EUR: Euro area January Read More

Trade of the Week: GBPUSD ready to rock

Mon, 30 Jan 2023 12:22:26 +0000

In recent sessions, GBPUSD has been relatively quiet, trading just below a key resistance level.

But such relative calm could be pierced this week as markets pit the policy signals out of two major central banks against each other:

the US Federal Reserve (a.k.a. the Fed) vs. the Bank of England (BOE). Read More

Week Ahead: Will gold hit new 2-year low?

Fri, 04 Nov 2022 07:20:20 +0000

If markets had learnt anything this week, it’s that the Fed has got more rate hikes in store as the US central bank battles against inflation that’s at a 40-year high.

And we’re about to get the next chapter in that lesson: the incoming US consumer price index (CPI) is set to be the central focus for markets over the coming week.

Here are the scheduled economic data releases and potentially market-moving events for Read More