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Forex

Dollar Hits Two-Year High as Eurozone and UK Economies Show Signs of Strain
Dollar Hits Two-Year High as Eurozone and UK Economies Show Signs of Strain

The greenback has surged to a fresh two-year peak today in an extremely volatile move, with the DXY Dollar Index testing the 108.00 level. This surge comes on the heels of disappointing soft data...

Daily Market Outlook, November 21, 2024
Daily Market Outlook, November 21, 2024

Daily Market Outlook, November 21, 2024 Munnelly’s Macro Minute..."Nvidia Dips As Bitcoin Rips”Markets continue to express caution, with participants reluctant to take on significant risk. Asian...

FX Options Insights 21/11/24
FX Options Insights 21/11/24

FX Options Insights 21/11/24G10 FX Option implied volatility is well supported by bouts of risk aversion relating to Russia/Ukraine that's underpinning the USD and JPY. The benchmark 1-month...

Dollar in December: Key Factors and Outlook
Dollar in December: Key Factors and Outlook

The dollar index has resumed its upward trajectory after just a three-day "breather" and a shallow correction from 107 to 106. However, the parabolic rise since early October (over 6%) to...

FX Options Insights 20/11/24
FX Options Insights 20/11/24

FX Options Insights 20/11/24EURUSD: Significant cash-related hedging flows are being drawn to the impending expiration of major FX option strikes, which may help to contain volatility and keep the...

BOE Easing Chances Fall as UK Inflation Soars
BOE Easing Chances Fall as UK Inflation Soars

UK CPI JumpsWe’re seeing heightened volatility in GBP today following the release of the latest UK economic data this morning. UK inflation was seen jumping above forecasts last month with headline...

USDCHF H1 | Bearish reaction off 50%?
USDCHF H1 | Bearish reaction off 50%?

TitleUSDCHF H1 | Bearish reaction off 50%?TypeBearish ReversalPreference:The price is moving towards the pivot level of 0.8862, a pullback resistance close to 50% Fibonacci retracement. A reversal at...

Daily Market Outlook, November 20, 2024
Daily Market Outlook, November 20, 2024

Daily Market Outlook, November 20, 2024 Munnelly’s Macro Minute..."Geopolitical Tensions Abate As Markets Await Nvidia Earnings Event”On Tuesday, global markets were roiled by geopolitical...

USDCAD H4 | Potential Bullish Bounce
USDCAD H4 | Potential Bullish Bounce

TitleUSDCAD H4 | Potential Bullish BounceTypeBullish BouncePreference:The price is approaching the pivot level of 1.3959, a pullback support close to a 50% Fibonacci retracement. A reversal at this...