Faraday Research

The US dollar has been given a boost by Jerome Powell’s hawkish hints during his first testimony yesterday. Stopping short of confirming four hikes, his optimistic view of the economy and talk...

Investors were on edge ahead of Jerome Powell’s highly-anticipated Humphrey-Hawkins testimony to the House Financial Services Committee. While Powell was seen as the status quo candidate to...

Since the first iteration of the Federal Reserve’s Quantitative Easing (QE) program were announced nearly a decade ago, traders have been calling for an end to the 35-year bull market in US...

In a few hours Canada releases CPI data which is marked as a high volatility calendar. BOC raised for the third time this cycle in January, and markets are pricing the April meeting as coin toss for...

In some ways, volatility can be compared to the weather. The level of volatility is rarely ‘just right’ and you never have to look too far to find complaints that ‘volatility is...

USD/JPY's lower breakout from a long-term range has out bears back on high alert. And whilst the downside appears over-extended over the near-term, a break of 105.44/53 could open the flood-gates to a...

Why is this happening?”It’s often a complicated question, and when it comes to markets, the “why” often takes a backseat to “what” is happening and...

Even before Wednesday's US CPI report, we saw volatile moves in USD/JPY, which has been technically driven, allowing for the fact that there are no fundamental reasons for the significant price...

The number of superlatives you can use to describe the stock market's recent drop is truly incredible: The S&P 500's relative strength indicator (RSI) had previous hit its highest level ever on...

1.230 could prove to be a pivotal level for EUR/USD. Whilst it could continue to cap as resistance and mark the resumption of the intraday bearish trend, it could also confirm a double bottom reversal...

After Monday's shocking implosion in the stock market, many US traders were no doubt surprised to see the sun rise Tuesday morning. All told, the widely followed Dow Jones Industrial Average collapsed...

The Reserve Bank of Australia holds its first monetary policy meeting of 2018 tomorrow and, whilst no policy change is expected, traders are particularly interested in the central bank’s...

Despite the president's protestations, the actual data makes it clear that US job creation has downshifted in recent years, though that is not entirely unexpected or even necessarily negative for the...

Despite the president's protestations, the actual data makes it clear that US job creation has downshifted in recent years, though that is not entirely unexpected or even necessarily negative for the...

Despite a hawkish FED meeting, the dollar's reaction was muted and the trend remains firmly bearish. Focus now shifts to tomorrow’s Nonfarm Payroll report whilst USD/JPY, a favourite for NFP...

Next Monday, February 5th will see Jay Powell take over at the Federal Reserve, becoming the 16th chair of the Board of Governors. This of course means that the incumbent chair, Janet Yellen will...