Faraday Research

The constant trickle of Brexit headlines continues to drip out, with today’s developments taking on a relatively positive tone.While the two chief negotiators, Michel Barnier and Dominic Raab,...

Earlier this month, the US Dollar Index broke out to a fresh 14-month high, reaching a peak near 97.00 midway through last week before turning lower in the latter half of the week. Despite the dip...

A weaker USD has allowed NZD to climb from multi-year lows ahead of US-China trade talks tomorrow. Yet with a dominant bearish trend and resistance cluster close by, we’re seeking a rejection at...

Since last week the USD has retraced from its highs, allowing some crosses to recoup losses. The question now is whether dominant trends will now resume, or near-term momentum will spoil the picture....

With price pressures still running at a subdued level throughout the developed world, hotter-than-expected inflation readings have been hard to come by of late. Perhaps today’s Canadian...

It’s been less than nine months since traders flipped their calendars to 2018, but cryptoasset bulls have aged years (if not decades!) since the holiday season’s euphoria. After peaking at...

Despite the sharp fall from the highs, AUD/NZD’s structure remains favourable to bulls as they gather above a cluster of support levels.We can see on the daily chart that, after piercing our...

The price action so far today is emblematic of a textbook “risk off” day: stocks are falling across the globe, oil is trading off by nearly 3%, bond yields are generally retreating, and...

Risk appetite has certainly deteriorated over the past week as Turkey clashes with President Trump and battles with the financial markets. It seems we are all emerging markets traders now as CNY and...

With AUD/JPY being a barometer of risk for FX, it’s been no major surprise to see the cross slump alongside investor sentiment as the Turkish crisis unfolded. But with it testing the lower bound...

The latest outbreak of volatility in Turkey has been a headache for many assets, but it’s been an absolute boon for the US dollar.Until Friday, the world’s reserve currency had spent the...

It’s been a bad year to be a gold bug: after moving up from $1300 to $1360 through the month of January, gold has dropped sharply through Q2 and Q3 to date, dropping below $1200 as of...

Since the April high GBP/CHF has fallen nearly 9% and momentum suggests there could be further downside to come. Yet whilst we favour lower prices further out, the probability of a bounce could be...

Sparkling Spectacular Stellar Sterling Stupendous Super …and those are just the adjectives starting “Sp” through “Su” that describe Q2 earnings season for the S&P...

The Turkish rout shook global markets last week with sentiment continuing to sour early Asia today. With several markets breaking key levels, we look at the daily charts of EUR/USD, AUD/USD and...

As my colleague Fawad Razaqzada noted earlier today, the British pound has finally caught a small bid today after selling off sharply through the first three days of the week (see here for more)....