Blackwell Global

The New Zealand dollar has remained largely buoyant over the past few weeks despite a range of sentiment swings to and from the US dollar. Despite this level of resilience, there are some concerning...

The cable has largely had a couple of strong weeks since the currency appeared to turn the corner in early April. However, despite the recent rally to the top of the range, the pair now faces some...

An impending US Crude Oil Inventories result is being watched eagerly by oil bulls as it could illicit another surge for the commodity. The figure is predicted to post only a 0.97M build but some are...

Whilst the AUD had a strong start to the week, an unexpected reduction in the Australian CPI result sent the pair plummeting. Additionally, weak PPI figures kept the Aussie dollar low as the session...

As the USD/JPY selling pressure continues to mount, so too does speculation that the Bank of Japan may intervene within markets to decisively weaken the yen. Subsequently, given that the pair has had...

Poor US Advance GDP results of 0.5% q/q and a build in Unemployment Claims to 257K has gotten the Gold Bulls stirred up again. Unfortunately for them, the best they can hope for is the re-widening of...

Silver has largely been one of the “forgotten” precious metals over the past year four years despite an increasingly scarce supply and rising industrial demand. Subsequently, the commodity...

The RBNZ decision to hold the OCR steady at 2.25% pummelled the AUDNZD, much to the delight of Governor Wheeler. The move to stay steady comes on the heels of the abysmal New Zealand Trade Balance...

An impending corrective movement for the USD/CHF could see the pair retreat to its recent bottom at 0.9501. The formation of a Three Drive pattern after the recent Zig-Zag movement could undo the...

The Cable has had a relatively positive few weeks as the pair appears to have shrugged off some of the recent BREXIT worries. However, itsprice action has now entered a key reversal point which could...

Despite an encouraging rally over the past week or so, the cable looks relatively set to be taking a plunge back to the recent low at 1.4049. Specifically, the formation of a Gartley pattern, as the...

The upcoming US FOMC meeting is likely to be a critical event in setting the US dollar’s overall trend in the weeks ahead. However, despite a relatively low chance of an April rate hike,...

Thursday afternoon heralded a sharp period of volatility for the euro as the ECB decision on rates, and requisite press conference, was released to the public. As expected, the minimum bid rate...

Both the RBA and RBNZ will be announcing interest rates in the coming fortnight and speculation is mounting over what the two central banks will do. Whilst both governors have expressed a willingness...

The last few weeks have been relatively lacklustre for the yellow metal as the commodity has sought to stay within reach of the March high. However, it would appear that a relatively clear head and...

The AUD has been relentlessly gathering momentum over the past few weeks and it doesn’t appear to be slowing. Whilst the EUR/AUD is currently battling with a particularly robust long-term...