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The AUDUSD fell sharply after the US jobs report as yields surged (2-year up 18 bps, 10 year up 17.4 bps). Technically, the price fell below its 200 day moving average at 0.6572 and more recently below its 100-day moving average at…

The NZDUSD moved sharply lower on the USD buying after the better than expected jobs data. In doing so, the price of the pair has moved below it 200 day moving average or 0.6087, and the 50% midpoint of the move up from the October low the…

Market intelligence platform Santiment recently revealed how XRP whales look to be going all in on XRP following significant purchases of the crypto token. Notably, these buys are said to be the most since…

The FOMC statement and presser sure did a number on major USD pairs! Will talks of a Fed rate hike continue to push XAU/USD higher for the rest of the week? In case you missed it, the Fed officially dropped hints of…

AUD/USD is flirting with an established range support ahead of the Fed's event! Earlier today, Australia's Q4 2023 CPI come in waaay lower than the markets had expected at a 3.4% annual rate after a 4.3% reading in Q3. A 3.4%…

The main story over the weekend was more on the geopolitical front and that is seeing some moves in the commodities. As for FX, things are looking like a bit of a dud as perhaps the pre-FOMC lull is kicking in. Here's a snapshot of dollar…

This week’s calendar was action packed, prompting our FX strategists to focus on shorter-term ideas and very specific fundamental and technical triggers. We think it was a net neutral performance week with only one day where our…

Bitcoin price extended its decline below the $40,000 support zone. BTC is consolidating losses and remains at risk of more downsides below $38,500. Bitcoin price is gaining bearish momentum below the $40,500…

It was another busy week for FX traders with inflation updates and plenty of central bank catalysts on the calendar, creating a challenging environment. So our strategists focused mainly on shorter-term ideas, which we’d argue was net…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…