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USDJPY Rallying Ahead of Fed & BOJ Meeting
USDJPY Rallying Ahead of Fed & BOJ Meeting

FOMC On WatchUSDJPY is rising again today as traders brace for the FOMC tomorrow followed by the September BOJ meeting on Friday. Traders are widely expecting the Fed to hike rates tomorrow on the...

Bitcoin Slides As ETF Outflows Return
Bitcoin Slides As ETF Outflows Return

FOMC Nerves GrowingBitcoin prices are cooling today as uncertainty kicks in ahead of the keenly awaited September FOMC meeting tomorrow. The Fed is widely expected to hike rates tomorrow and the...

Copper Sinks As Tariff Uncertainty Swells
Copper Sinks As Tariff Uncertainty Swells

Copper Selling ContinuesCopper prices remain under heavy selling pressure on Tuesday with the futures market extending the reversal from last week’s record highs. The market is now down 8% from those...

Dollar Spikes On Monday As Trades Await FOMC
Dollar Spikes On Monday As Trades Await FOMC

CPI Rises AgainThe US Dollar is starting the week on a strong footing following Friday’s hotter-than-forecast inflation release. Headline annualised CPI held steady at 3.4% as expected but the monthly...

ECB Fails To Lift EUR As USD Rebounds
ECB Fails To Lift EUR As USD Rebounds

Hawkish Hike From ECBEUR bulls will be a little frustrated today that yesterday’s ECB meeting didn’t result in better upside. The ECB delivered a further .25% rate hike yesterday, in line with...

Copper Plunges From Record Highs
Copper Plunges From Record Highs

Huge Copper VolatilityIt’s been a wild week for copper futures traders. After surging to fresh record highs midweek, the futures market reversed and plunged lower yesterday as USD rebounded on fresh...

All Eyes On US CPI Today
All Eyes On US CPI Today

USD On WatchAll eyes are on the US Dollar today as traders brace for the latest set of US inflation figures. Market pricing for a rate hike from the Fed next week has risen to just shy of 70% from...

USDJPY On The Brink Ahead of US Inflation Data
USDJPY On The Brink Ahead of US Inflation Data

USDJPY Selling Pauses For NowSelling in USDJPY looks to have paused for now on the back of the severe declines we’ve seen over the month so far. The pair has fallen 5% from the monthly open fuelled by...

Dollar Drifts Lower Ahead of Friday's Inflation Report
Dollar Drifts Lower Ahead of Friday's Inflation Report

Dollar Stays Down…For NowThe US Dollar is continuing to drift lower mid-week as traders await Friday’s all-important US inflation update. Softer US treasury yields and a strong rally in JPY are...