Technical Analysis

EURAUD Short Term Elliott Wave view suggests the decline to 1.5057 ended Intermediate wave (X). Up from there, the rally unfolded in 5 waves impulse Elliott Wave structure, suggesting that while pullb...
Fundamental Analysis

The German economy is presently booming, but political uncertainty is introducing new risks to this trajectory. Following the German general election on September 24, Chancellor Merkel and her Christi...
Fundamental Analysis

Seller exhaustion was apparent in the lead up to the FOMC minutes, as shorts continued to unwind. While selling pressure has re-emerged this morning at .7620-.7625, one does get the sense that the FOM...
Fundamental Analysis

The market spent the better part of Wednesday paring back USD exposure ahead of the FOMC minutes after Dr Yellen soft pedalled the reflation rhetoric all but signalling to the markets that absentee US...
Fundamental Analysis

The main catalyst for US dollar bulls over the past 2 months has been tax reform, but that could also be the catalyst for the bears as Ashraf indicated here and here. The yen was the top performer Wed...