Month: September 2024

PCE Data Impact: Euro/Dollar & Gold – What to Watch For The U.S. Personal Consumption Expenditures (PCE) data release today which is important due to its potential to shift the Federal Reserve’s stance on interest rates. The PCE data is the Fed’s preferred inflation measure, so any surprises here could significantly impact the market dynamics … Read more

Copper’s Flag Breakout: China Stimulus Impact Copper prices are on a strong upward trajectory, breaking out after China’s recent stimulus measures were unveiled at the Politburo meeting on September 26. The Politburo’s detailed plan aims to inject much-needed liquidity and fiscal support into the Chinese economy, which has directly influenced the bullish sentiment in the … Read more

SNB’s 25bps Cut: A Subtle Move, Intervention Hints Create Uncertainty The Swiss National Bank (SNB) cut its policy rate by 25 basis points to 1.00%, a move that aligned with most market expectations. This decision initially strengthened the Swiss franc (CHF), as markets had priced in a 40% implied probability of a larger 50bps cut. … Read more

China Stimulus Fuels Copper Rally, But Long-Term Risks Linger China’s recent stimulus measures have injected fresh momentum into global commodities, especially copper. As the world’s largest consumer of copper, accounting for more than 50% of global demand, China’s economic health is critical to the outlook for this industrial metal. The latest stimulus package — including … Read more

Bank of Japan Comments Weigh on Yen: USD/JPY Outlook Faces Volatility as U.S. Data Looms China, the largest global consumer of copper, just introduced a broad set of stimulus measures, driving a strong buy bias across the copper market. The stimulus package includes key initiatives such as lowering the reserve requirement ratio for banks and … Read more

Bank of Japan Comments Weigh on Yen: USD/JPY Outlook Faces Volatility as U.S. Data Looms The Bank of Japan’s recent comments, which signaled a lower risk of inflation overshooting in the near term, have prompted a wave of yen weakness. This weakness allowed USD/JPY to find strong support and push higher, especially as traders digest … Read more

EUR/USD Buy Bias Strong After Dovish Fed, but European PMI Weakness Presents Significant Risks Following the dovish stance from the recent Federal Reserve meeting, which confirmed a 50bps rate cut and lowered the dot plot projections, the EUR/USD buy bias remains strong. Lower U.S. inflation expectations, alongside a projected rise in unemployment, signal continued weakness … Read more

S&P 500 and EUR/USD: Navigating Opportunities Amid Fed Easing and Dollar Weakness The Federal Reserve’s recent dovish stance, signaling a 50bps rate cut, has reshaped market dynamics across asset classes. With lower dot plot projections, weaker inflation, and rising unemployment expectations, both the S&P 500 and EUR/USD are positioned for potential upside. However, traders must … Read more

Why a EUR/USD Buy Bias is Back After the Dovish Fed Meeting The Federal Reserve’s latest meeting has firmly set a dovish tone, confirming a 50bps rate cut and revising the dot plot lower, signaling weaker rate expectations over the coming years. This marks a significant shift in the market sentiment towards the U.S. dollar. … Read more

Navigating the Fed Meeting: 5 Key Parts to Watch for in the Rate Cut Decision In this highly anticipated Fed meeting, traders are not just asking whether the Fed will cut rates by 25 or 50 bps—but rather how deep the cuts will go and how long they’ll last. With so much at stake, understanding … Read more