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Thomas Westwater

AUD/USD Stalls at 50-day SMA as APAC Markets Weigh Growth Concerns

Australian Dollar, AUD/USD, Earnings, Crude Oil, Technical Outlook - TALKING POINTSAsia-Pacific traders face a light economic calendar ahead of a busy week Crude oil prices rose as supply concerns outweigh economic growth woesAUD/USD...

Prices Approach 1998 Levels Ahead of BOJ

Japanese Yen Fundamental Forecast: BearishThe Japanese Yen is close to the weakest levels traded since 1998Bank of Japan policy decision due out, will Kuroda take action? Fiscal spending plans likely to complicate any...

USD May Rebound Despite Expected CPI Cooling

US Dollar Fundamental Forecast: BullishThe US Dollar moderated following multi-week losses Fed rate hike bets under watch as US CPI data approaches USD may be primed to resume rising despite beat or miss...

Dow Jones, US Dollar, Oil, GBP/USD, AUD/USD

Risk assets closed mostly lower last week, although US equity markets trimmed losses heading into the weekend after comments from Federal Reserve Governor Jerome Powell spurred some buying. Mr. Powell stated that larger...

Rally May Fade on Fed Balance Sheet Announcement

US Dollar Fundamental Forecast: NeutralUS Dollar rally may see a short-term pullback on the FOMC announcement Balance sheet reduction plan and a potential 75 bps hike eyed this week Base case scenario (50...

Crude Oil Costs Could Bounce Again After Preliminary China Lockdown Shock

WTI Crude Oil, China, Shanghai, Covid, Russia, Sanctions - Speaking FactorsWTI and Brent crude oil costs dropped greater than 8% in a single day on Shanghai lockdown Negotiation odds between Ukraine and Russia...

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