City Index

Asia had a much-needed break from volatility, after the sizable moves seen since the dovish FOMC meeting. Still, the DX remained the weakest major although volatility remained relatively subdued,...

Following yesterday’s FOMC meeting, gold prices exploded and stopped just shy of $1400, as the world digested the increasing ‘easiness’ of central banks policies. The Fed had...

The Fed all but confirmed the U-turn that many were expecting. Whilst rates remained on hold, almost half of voting members now see two rate cuts this year. Less than two months ago, the Fed was...

It’s may not have been the best year for Boeing (NYSE:BA), but things took a turnaround after IAG (LON:ICAG) signed a letter of intent to buy 200 of their 737 MAX jets and Korea Air Lines vowed...

We’ve been patiently monitoring corrective price action on USD/JPY in hope of it confirming a swing high. With a FOMC meeting on tap, the meeting could spark the volatility required to make or...

The RBA’s minutes revealed what many had expected, by stating it’s ‘more than likely’ they’ll have to ease further in the period ahead. RBA Minutes On Monetary...

Stronger-than-expected retail sales from the U.S. saw EUR/USD break key support amid its most bearish session in seven weeks. This places it firmly back within range, where traders could look to fade...

As of Tuesday 11th June: Traders were net-long USD by $28.9 billion, down -$2.1 billion from the prior week ($32.1 billion against G10 currencies, down -$2.6 billion from the prior week). Traders...

A worrying data set from PMI and risk aversion for FX markets sees NZD/JPY on the cusp of breaking to new lows. Manufacturing PMI expanded at its slowest rate since December 2012. At a mere 50.2, it...

A bullish trend structure has been developing nicely on EUR/AUD, which could extend gains following an anticipated correction. Its trend has been supported by a diverging theme between AUD and EUR,...

GBP/USD is struggling to breach a strong resistance cluster. Given its bearish trend, we're keeping a close eye out for a break lower.A retracement from the June low has stalled at a resistance...

Unemployment may have remained steady, but it’s not on track for RBA’s target, which is seeing a rise in calls for a July cut by the RBA. Today was really all about the unemployment rate,...

With the recent bouts of risk-off sentiment along with political woes and Brexit concerns for the UK, it’s no major surprise to see GBP/JPY under such heavy selling pressure. And, as noted in...

Tomorrow’s employment set could prove to be a volatile affair for Australian markets, as it could be seen as a proxy for how soon or how many times RBA are to cut in this cycle, depending on the...

Protests in Honk Kong have seen the Hang Seng Index lead the way lower, after an already weak lead from Wall Street. With the Hong Kong government set to vote on the controversial extradition bill,...

WTI has formed a bearish reversal pattern on the daily chart, yet still shows potential for a bullish reversal on the intraday chart, if key resistance is broken.The daily chart remains in a clear...