Fundamental Analysis - Tickmill Expert Blog - Forex Traders Blog

Pressure on USD Rises Ahead of Possible Dovish Fed Move

The CFTC data showed that net long speculative positioning on EURUSD rose last week, which suggests the shift in sentiment on the pair is under way after a protracted squeeze of long positions....

Precious Metals Monday 26-04-2021

Gold Gold prices have started the week in a muted fashion with the market sitting a little way off last week’s highs for now. With the US Dollar still in decline, the near-term outlook remains...

Key Economic Events and Reports for the Week Ahead

The report on durable goods orders in the US will be the key event for next Monday. Monthly growth of 1.6% is expected, however, a positive surprise is probably priced in, so a market reaction should...

EM Currencies Advance for a Third Week in a row as Risk-taking Mood Prevails

Major emerging market currencies rose against USD on Friday, making positive weekly gain against US currency as risk-taking mood remained high this week.The MSCI Emerging Markets Index rose 0.1% on...

How Biden Tax Plan Could Impact USD?

Rumors on Biden's tax plan led to brief downturn on equity markets on Thursday. Preliminary information indicates that the key target of taxation will be capital gains, which is why equity markets...

FOMO Friday: Bitcoin Collapses

Bitcoin Channel BreakAs we head into the weekend it’s time to take stock of the week’s winners and losers. As always this means either a feeling of celebration or regret on a Friday afternoon. Talking...

EURCAD Sinks on Dovish ECB Meeting

The April ECB meeting yesterday passed as expected without any fireworks or notable changes to the bank’s views. With the June meeting pegged as the most likely date for any adjustment or...

Bearish Pressure on USDCAD Set to Increase, Gold at a Crossroad

FX market movement on Thursday is predominantly calm and measured. US futures remain in defense mode after yet another leg higher on Wednesday, where European markets rose on the eve of the ECB...

The Crude Chronicles - Episode 81

Oil Traders Cut Longs The latest CFTC COT institutional positioning report shows that crude traders reduced their net long positions in oil by a further 19,047 contracts. This latest reduction takes...