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chinese-yuan-forecast:-usd/cnh-eyes-pmi-data-as-prices-gyrate-near-2021-low

Chinese Yuan Forecast: USD/CNH Eyes PMI Data as Prices Gyrate Near 2021 Low

Chinese Yuan, USD/CNH, China PMI, OPEC, Technical Forecast – Talking Points Yuan strength eases versus US Dollar, but USD/CNH near yearly lows Chinese PMI data for November on tap, including Hong Kong data USD/CNH looks poised to continue lower after bearish MACD cross Friday’s Asia-Pacific Forecast Asia-Pacific markets will look to extend a round of …

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swiss-franc-technical-analysis:-chf/jpy,-aud/chf,-eur/chf

Swiss Franc Technical Analysis: CHF/JPY, AUD/CHF, EUR/CHF

Swiss Franc, CHF, CHF/JPY, AUD/CHF, EUR/CHF – Talking Points CHF/JPY consolidating around June swing high after deep sell off AUD/CHF falls back into descending channel after sharp decline on 11/26 EUR/CHF testing key 1.04 level, room to run below if level breaks CHF/JPY Technical Analysis After roaring to fresh yearly highs in early November, CHF/JPY …

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mexican-peso-outlook:-usd/mxn-cascades-lower,-but-omicron-poses-upside-risks

Mexican Peso Outlook: USD/MXN Cascades Lower, but Omicron Poses Upside Risks

MEXICAN PESO OUTLOOK: USD/MXN has started to correct lower after its recent upward explosion that took the price to a yearly high of ~22.15 last week Pandemic fears, however, may still bias the U.S. dollar higher in the near-term For the Mexican peso to recover meaningfully, investors will need clarity on the omicron variant and …

Mexican Peso Outlook: USD/MXN Cascades Lower, but Omicron Poses Upside Risks Read More »

us-dollar-pre-nfp-price-action-setups:-eur/usd,-gbp/usd,-usd/cad

US Dollar Pre-NFP Price Action Setups: EUR/USD, GBP/USD, USD/CAD

US Dollar, EUR/USD, GBP/USD, USD/CAD Talking Points: Tomorrow brings Non-farm Payrolls out of the U.S., and given this week’s pivot from FOMC Chair Jerome Powell, this data print carries some implications for near-term monetary policy. Powell sounded much more hawkish towards inflation this week: Perhaps in an effort to afford greater flexibility if/when he takes …

US Dollar Pre-NFP Price Action Setups: EUR/USD, GBP/USD, USD/CAD Read More »

xau/usd-forecast:-gold-price-extends-decline-as-real-yields-tick-higher

XAU/USD Forecast: Gold Price Extends Decline as Real Yields Tick Higher

GOLD ANALYSIS Hawkish Powell weighs down on bullion. Symmetrical triangle break. IG client sentiment supports further downside. BULLION FUNDAMENTAL BACKDROP Cold water has been poured over spot gold prices since mid-November with more recent comments by Fed Chair Powell adding additional impetus to the downside move. The hawkish bias (potential for quicker tapering and tightening) …

XAU/USD Forecast: Gold Price Extends Decline as Real Yields Tick Higher Read More »

eur/usd-contained-ahead-of-nfp-but-remains-sensitive-to-‘hawkish/dovish’-narrative-swings

EUR/USD Contained Ahead of NFP but Remains Sensitive to ‘Hawkish/Dovish’ Narrative Swings

EUR/USD Talking Points: EUR/USD calmer ahead of US NFP data and Euro sentiment data next week The currency pair looks to test key resistance (prior support) IG Client Sentiment ‘mixed’ despite significant net long positioning EUR/USD Ahead of Non-Farm Payrolls and Euro Sentiment Survey Data The Euro received a much needed bounce last Friday as …

EUR/USD Contained Ahead of NFP but Remains Sensitive to ‘Hawkish/Dovish’ Narrative Swings Read More »

turkish-lira-(try)-exposed-stocks-to-watch-as-volatility-reaches-crisis-highs

Turkish Lira (TRY) Exposed Stocks to Watch as Volatility Reaches Crisis Highs

Turkish Lira Analysis and News Unorthdox Monetary Policy View to See TRY Remain in a Downward Spiral Turkish Lira Implied Volatility Highest Since 2018 Currency Crisis Spain Most Exposed to Turkish Lira Weakness The Turkish Lira continues to garner interest with the currency’s downward spiral showing very little signs of slowing. This is despite attempts …

Turkish Lira (TRY) Exposed Stocks to Watch as Volatility Reaches Crisis Highs Read More »