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Fundamental Analysis

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Crude On Watch As IEA Considers Record Reserve Release

Conflict Keeps Crude UnderpinnedCrude prices are rising again today in response to news of the escalating conflict in the Strait of Hormuz. A bulk carrier was hit by an Iranian missile while...

Is USDJPY Eyeing A Fresh Breakout?
Is USDJPY Eyeing A Fresh Breakout?

Dollar Pushing Higher AgainUSDJPY is pushing higher again today with the YTD highs now only around 0.6% above market. A fresh rally in USDH is helping lift the pair again today as the greenback...

US Stocks Rocked By Oil Price Shock
US Stocks Rocked By Oil Price Shock

Sell-Off Tests Key Support LevelThe sell off in US stocks has stalled for now with the ES bouncing off a key support level. Prices are down heavily from Friday’s close though the sell off was reversed...

Crude Soars to Highest Levels Since 2022
Crude Soars to Highest Levels Since 2022

Crude Hits $120 p/bWe’re seeing record moves in oil at the start of the week with crude futures exploding higher. CL1 rallied around 30% from Friday’s close hitting highs of just shy of $120 p/b,...

Dollar On Watch: Iran War & US Inflation
Dollar On Watch: Iran War & US Inflation

Iran War ContinuesThe US Dollar is on watch this week as the war with Iran rages on and traders prepare for the latest US CPI data on Wednesday. A record push higher in oil prices which saw crude...

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Dollar Upside Seen Into NFP

NFP In FocusAll eyes are on the latest US jobs report due later today. Following a stronger ADP number earlier in the week and softer-than-forecast jobless claims yesterday, USD bulls are hopeful for...

Iran War & Hawkish Fed Risks Weigh on Stocks
Iran War & Hawkish Fed Risks Weigh on Stocks

NFP Up NextUS stocks remain weak on Friday with the S&P still down from highs and struggling to stay above the 6,811.25 level. For now, the market remains subject to volatility around incoming...

Crude Rally Raging - 2024 Highs In Sight
Crude Rally Raging - 2024 Highs In Sight

Crude Break Out ContinuesThe rally in crude is showing no signs of slowing down ahead of the weekend with the futures market now testing the 84.60 level, having broken out above the 2025 highs. Price...

Dollar Supported by Strong Data Ahead of NFP
Dollar Supported by Strong Data Ahead of NFP

 Strong US DataThe US Dollar is back in the green today as traders digest the latest US data from yesterday. The ADP employment figure jumped to 63k from 22k prior, well above the 50k the market was...