Market Analysis

CURRENCIES The ECB is expected to signal a rate cut for September: The ECB is likely to keep interest rates unchanged at Thursday’s meeting, but will provide guidance for a rate cut in September. Markets are expecting a 45 basis …

CURRENCIES  Market summary: The Australian Dollar was slightly lower on Monday but remains near its 2024 peak due to solid and enduring monetary policy support. Unlike most major central banks cutting rates, the Reserve Bank of Australia is likely to …

CURRENCIES Euro (EUR/USD) analysis: French bond yields starting to move higher. Euro edges lower as markets wait for specifics. French election results and market impact: The recent French election resulted in a shock, leaving financial markets vulnerable. Contrary to expectations …

CURRENCIES GBP/USD retail trader data: Net-long position: 43.40% Short-to-long ratio: 1.30 to 1 Net-long traders: Decreased by 18.07% since yesterday Decreased by 0.62% from last week Net-short traders: Increased by 23.53% since yesterday Decreased by 2.02% from last week Contrarian …

CURRENCIES USD/JPY: Data shows a significant majority of clients are net short. Change in longs/shorts/open interest (OI): Daily: longs +8%, shorts +1%, OI +2% Weekly: longs +19%, shorts +6%, OI +9% Implications for price action: Despite the bearish sentiment, there …

CURRENCIES French election outcomes: The right-wing National Rally (NR) party secured nearly 34% of the vote. The left-wing New Popular Front garnered just over 28%. President Macron’s alliance came third with around 21%. NR is close to the 289 seats …

CURRENCIES French elections: National Rally: Leads the polls but unlikely to secure an outright majority. Impact: A fractured French government may weigh on the Euro. Poll Predictions: National Rally (RN): 31.5% to 35%. People’s Front (left coalition): 28% to 29.5%. …

CURRENCIES EUR/USD analysis: EUR/USD stabilizes above 1.0700 despite political uncertainty. Trades below 200 SMA; lower bound at 1.0643, April low at 1.0600. Key events: US GDP data and PCE on Friday. Bond spreads: European bond yields in focus ahead of …

CURRENCIES Euro (EUR/USD) analysis: Focus shifts to Europe, particularly France, ahead of elections. Uncertainty surrounds whether the ECB will act to calm widening bond spreads given France’s debt load. EUR/USD fails to capitalize on Monday’s reprieve; downside risks remain. Analysis …

CURRENCIES USD and US Equities Post-FOMC Analysis Fed trims rate cut expectations due to higher inflation forecasts. USD regains some strength on hawkish projections. US equities rally on lower yields and USD despite inflation concerns. Fed’s Decision on Rate Cuts …