Category Archives: FXinsider

Gold Bars 1000 grams. Concept of wealth and reserve.

Gold ticks higher on moderate USD weakness

Having survived above $1200/Oz levels last week amid the dollar onslaught, the yellow metal looks poised for a recovery, now trading 0.30% higher on the day around $1212/Oz levels. US inflation expectations near 2-yr high The 10-year breakeven inflation rate, which is the difference between


Key events for week ahead: Fed minutes – Rabobank

Analysts at Rabobank offered an outlook for the week ahead. Key Quotes: “This morning saw another drop in Japanese exports (-10.3% y-o-y), and later today we have a slew of central bank speakers.” “Tuesday has Canadian retail sales, Eurozone consumer confidence, and US existing home sales; Wednesday has


Market hanging out in the Trump- trade – ANZ

Analysts at ANZ explained that we have little doubt that the world is shifting into a new paradigm where politics and fiscal policy will gain far more prominence.  Key Quotes: “Markets are indeed behaving that way already as the ‘Trump- trade’ of higher yields and


BOJ’s Masai expects pickup in Japanese economy

It is not surprising to see a top BOJ official sounding bullish on the economy following a 1000-pip slide in the Japanese Yen. Bank of Japan’s (BOJ) Masai has reportedly said today that he expects the economy to pick up pace in line with the


Daily Chart Art – Nov. 21, 2016

GBP/USD: 1-hour GBP/AUD: 1-hour Forex Chart First up is a nice and simple support play on Cable’s 1-hour time frame. The pair just bounced from the 1.2300 major psychological handle, which is right around a level that had served as resistance back in October. Not


PBOC sets USD/CNY at 6.8985 vs 6.8796

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Fed’s Dudley keeping an open mind – BNZ

Analysts at BNZ noted that the NY Fed’s Dudley was keeping an open mind about the new fiscal policy environment. Key Quotes: “He told reporters, “…we have a change in expectation about the policy, but how the policy actually shifts, that remains to be determined. It’s pretty important not to


USD/CNY projection: 6.9082 – Nomura

Analysts at Nomura offered their projection for USD/CNY fix as  6.9082 today. Key Quotes: “Our model1 projects the fix to be 286 pips higher than the previous fix (6.9082 from 6.8796) and 170 pips higher than the previous official spot USD/CNY close of 6.8912.  The