24th January 2022

USD long positions are closing out ahead of the Fed

There is still a significant risk-off bias to major forex pairs due to negative sentiment across mar (...)

24th January 2022

Week Ahead: FOMC meeting and US GDP looms large for majors

The final full week of the month sees a focus back on the US with a raft of tier one data. The Fed m (...)

20th January 2022

Gold is decisively higher, but is it a false upside break?

Gold has broken out above key resistance. However, there is a lack of conviction with the move, due (...)

19th January 2022

Espresso Morning Call: Markets jittery on higher yields

The sell-off on Wall Street amidst the spike higher in Treasury yields continues to make traders ner (...)

18th January 2022

Wall Street remains the wild ride amongst indices

With bond yields moving higher again, once more we are seeing Wall Street driven lower by the growth (...)

18th January 2022

Espresso Morning Call: Risk-off as yields spike higher

As US traders return following the MLK public holiday, US bond yields continue to climb higher. This (...)

17th January 2022

Reaction to a technical rally will be key for USD this week

A pullback rally on the USD seems to be throwing up another chance to sell. However, reaction to old (...)

17th January 2022

Week Ahead: Inflation remains key, a slew of UK tier-one data

US announcements are limited to Fed surveys and housing data, so market participants may look toward (...)

13th January 2022

Market reaction to US CPI suggests inflation may be peaking

Despite US inflation soaring to a four-decade high of 7% yesterday, bond yields and the US dollar fe (...)

10th January 2022

Espresso Morning Call: Rising bond yields again impact forex

USD is finding a degree of support again as bond yields continue to climb. As was the theme of last (...)

7th January 2022

Espresso Morning Call: Nonfarm Payrolls key for sentiment

Markets have been rocked early in 2022 by rising bond yields. A mild degree of consolidation this mo (...)

6th January 2022

Precious metals impacted by sharp rising bond yields

The sharp rise in US bond yields is having a knock-on effect across markets. Precious metals are bei (...)