Tag: tickmill

Daily Market Outlook, April 29, 2022 Overnight Headlines China And U.S. Negotiate On-Site Audit Checks As Delistings Loom RBA To Raise Rates To 0.25% On Tuesday, To End Year At 1.50% – RTRS Poll More UK Companies See Price Increases Even As Economy Slows Dollar Towers At Two-Decade High On Growth Woes, Fed Outlook Goldman […]

JPY Sees Heavy SellingAnother week comes to a close in financial markets, as we round the first third of the year. Once again, it’s been a very interesting week with plenty of big moves to note. In the FX space specifically, it seems that the main theme capturing attention this week has been the continued […]

CIBCFX FlowsUS$ kicked off the final trading day of April softer, we believe it is just pure profit taking into the long weekend.Its magic. No Japanese rhetoric yet the $YEN weakened for no apparent reason. Started the session at 130.95, the pair slowly declined to 130.365. Call it position adjustment ahead of weekend or month-end […]

AUDJPY On WatchAUDJPY price action is worth monitoring here. The recent ascent above the 94.23 level saw plenty of bearish divergence before the market topped out and corrected lower. Price is currently holding a ledge of support at the 90.76 level. While this region holds, the focus remains on a continued grind higher. However, if […]

NZDUSD Sell-Off ContinuesThe recent short trade issued in NZDUSD has hit its final target at .6450. With USD having increased significantly in the last fortnight, amidst an uptick in hawkish Fed signalling, NZD and the broader risk complex has struggled to maintain demand. Indeed, Fed tightening is coming amidst a broader backdrop of risk off […]

Daily Market Outlook, April 28, 2022 Overnight Headlines Australia Banks Pull Forward Hike Calls After Inflation Surprise China Cabinet Split Over Opening Stimulus ‘Flood Gates’ Treasury Yields Extend Slide Amid Signs Of Extreme Bearishness Deutsche Bank Sees 5%-6% Fed Target Rate And U.S. Recession Euro Falls To Five-Year Low Against Dollar As Growth Risks Eyed […]

Oil Traders Raise Upside Bets on Supply FearsThe latest CFTC COT institutional positioning report shows that oil traders increased their net long position last week for the first time in well over a month. The increase in upside exposure is likely a reflection of resurgent fears over the path the conflict in Ukraine is taking. […]

CIBCKey Headlines $YEN bought for the fix because today is month-end for Japan. Usual comments from Japanese Fin Min but no one paid any attention. Waiting for BoJ, no change expected, ultra-easy monetary policy to continue. BoC Governor Macklem reiterated that Canadian interest rates will go higher, how high they go will depend on how […]

US GDP Up NextLooking ahead to today’s US session, the main data focus will be on the release of advance US quarterly GDP for Q1. In light of the impact of surging inflation, supply-side issues, and the impact of COVID and the conflict in Ukraine, the market is widely expecting US GDP to have moderated […]

JPY Plunges Lower StillThe Japanese Yen has fallen to it slowest level against the Dollar since 2002 on the back of the April BOJ meeting today. The BOJ reaffirmed its commitment to maintaining an easing presence in the market, stating that it will continue buying bonds daily in line with its aim of keeping bond […]