Faraday Research

Two forces combined helped EUR/NZD break to its highest level since April 2016 by the close of last week. The unexpected Labour-NZ First coalition stunned markets to weaken NZD across the board,...

A build-up of short bets on the Yen and the net-long positioning on CAD has helped reduce the volatility of CAD/JPY’s decline in recent weeks. With Japan’s election just around the corner...

As news wires wheel out stories from Black Monday thirty years ago when the US stock market fell by more than 20% in one day, today's market continues to make all-time highs. Traders get used to this...

As you might expect from a reality TV show host, President Trump's long selection process to identify the next Fed chair has increased the drama to record levels.Yesterday's headlines suggested...

Short interest for the Japanese yen has picked up in recent weeks for two primary reasons: economic data is rising and Prime Minister Abe appears to be back in the driver's seat ahead of this...

Overall it’s been a solid week of data from the U.S. where business sentiment in concerned. ISM released their highly anticipated business surveys for September this week, with both...

Jamie Dutta discusses USD/CAD in light of central bank actions and this afternoon’s dual employment release.

With the first three quarters of 2017 now in the books, we wanted to take a step back and look at the US stock market from a sector rotation perspective. For the uninitiated, sector rotation is the...

The RBA held rates as widely expected and, whilst several adjustments were made on their monthly statement, not a great deal of new information was gleaned from it.As things stand the consensus for...

As we head into the weekend, bulls and bears find themselves in a tussle over which side of the 2017 descending resistance line USDJ/PY will close on. This week’s price action marks the 2nd...

Gold has pulled back steadily over the last two weeks and prices now sit on the 50% Fibonacci retracement level. With the commodity locked in a powerful medium-term uptrend, keep reading about what...

It’s no secret the US dollar has had a dreadful year, but bulls have tried to defy the gravity of 2017 by pushing the USD Index (DXY) to a four-week high. The Fed have played a part here, via...

Technology stocks are the leading sector year-to-date, but you would never guess it based on the price action on Monday. The SPDR technology sector ETF, NYSE:XLK, dropped by more than 1% that day,...

As we approached the end of this week, the risk events we had flagged were Theresa May’s speech and elections within Germany and New Zealand. Yet events surrounding North Korea have escalated...

Jamie Dutta discusses GBP/USD in light of the FOMC's meeting and PM May’s Friday Brexit speech.

We are now just hours away from September’s FOMC meeting, where traders are hungry for details on balance-sheet reduction and clues to the next hike’s timing. Anything short of this being...