City Index

The FTSE 100 continues to ricochet between key levels, yet lacks the compelling trend structure required to easily decipher if it will break higher or roll over once more. Sure, it’s...

As of Tuesday 8th October: Traders increased net-long exposure for a 4th consecutive week by $0.8 billion.The Euro saw the largest weekly change among FX majors, seeing net-short exposure...

Oil spiked higher on reports that an Iranian oil tanker was hit by two missiles off the Saudi coast, according to an Iranian state television. The vessel is currently ablaze and leaking oil 60 miles...

1.10 remains a key level for EUR/USD traders as we head towards the weekend. Reports that trade talks are “going well” and the possibility of a partial trade deal could be...

FX Brief:· It was a narrow-ranged day for currency markets, although AUD and GBP are the strongest majors, CHF is the weakest. The US dollar index (DXY) remains stuck near...

Optimism surrounding trade talks and Brexit has weighed on the dollar, providing a reprieve for some arguably oversold commodity currencies. As noted by my colleague Fawad...

The British pound has weakened across the board this week. And we see potential for further downside to come. GBP/NZD has depreciated around -1.4% since our prior video, having broken its...

FX Brief: We saw a few whipsaws on price action today as contrasting headlines on trade talks rolled in. Rumours that China may leave this week’s trade talks early were recirculated...

S&P 500 Futures on news a previously agreed currency pact with China will be rolled out. China has “lowered expectations” for progress from this week’s trade talks....

The S&P/ASX 200 is on track for its third consecutive bullish session. Yet this may not be enough to keep bears at bay, given the depth of the prior decline. Last week we outlined the...

FX Brief: The US Administration added 28 Chinese firms to their blacklist ahead of key trade talks in Washington this week. The Chinese onshore yuan (CNY) firmed slightly after their...

In a surprise move which probably shouldn’t come as a surprise, Trump admin goes for the usual shock tactic ahead of key talks with China.The Trump admin has added an additional 28 Chinese firms...

FX Brief: AUD and CAD are the weakest majors on reports that China don’t want to discuss industrial policy reform of government subsidies, creating yet another setback for the...

Despite the weaker dollar, signs of stability are surfacing so we’re closely tracking DXY and EUR/USD for a near-term inflection point. And with the dollar index trading within two...

As of Tuesday 1st October: Bullish exposure on the USD was at $17.5 billion ($20.5 billion against G10 FX) Overall, only minor adjustments were made to FX majors on a weekly...

FX Brief: It was the usual narrow ranges ahead of today’s NFP report, although NZD is currently the strongest major and largest mover. (CHF is the weakest). NZD/CAD extended its...