Submitted Sep 20, 2024|From tickmill.com|1 comment

USDJPY is seeing strong gains today on the back of the BOJ meeting overnight. The BOJ was seen keeping rates on hold, as expected, with traders caught a little offside by the more hawkish tone hear from Governor Ueda. While Ueda noted that the ...

Submitted Sep 18, 2024|From tickmill.com

Copper prices are holding around their highest levels in two months ahead of the keenly awaited September FOMC meeting later today. Expectations that the Fed will begin easing this month have helped support copper prices in recent weeks with the ...

Submitted Sep 17, 2024|From tickmill.com

Following a recovery rally over last week, Bitcoin momentum has faded for now with the futures market settling into a tight range ahead of tomorrow’s FOMC meeting. While earlier in the year, Bitcoin had been trading a lot more like a typical risk ...

Submitted Sep 16, 2024|From tickmill.com

Crude prices are seeing a muted start to the week through early trading on Monday, though the futures market has managed to hold above the 67.45 level support for now. A weaker US Dollar through the back end of last week has helped prices recover ...

Submitted Sep 13, 2024|From tickmill.com

Fed Expectations & Risk Appetite Following heavy losses over the prior fortnight, crypto sentiment has recovered this week with BTC futures ending the week firmly higher. A better tone to risk markets ahead of next week’s FOMC meeting has helped ...

Submitted Sep 12, 2024|From tickmill.com

Following a period of heavy stagnation over the last week, copper prices are pushing higher today. The futures market is trading back up towards the 4.3000 August highs amidst signs of improving demand in China and a boost from the latest US ...

Submitted Sep 10, 2024|From tickmill.com

Bitcoin is attempting to recover this week following heavy selling last week which saw the futures market slip more than 10%. The bulk of last week’s downside action came as the Dollar failed to break lower on the latest US jobs report. Despite the ...

Submitted Sep 9, 2024|From tickmill.com

Crude prices are looking a little more buoyant today following heavy selling over last week. Crude futures were seen sliding from the 77.64 level down to support at 67.45 where they are stalled for now. News of an incoming storm in the US Gulf Coast ...

Submitted Sep 6, 2024|From tickmill.com

Gold prices are trading just below record highs today as traders await the latest NFP data. Across the week, softer-than-forecast JOLTS job openings and ADP labour market data have kept the US Dollar pressured lower, keeping gold supported. If ...

Submitted Sep 4, 2024|From tickmill.com

Copper prices remain under heavy selling pressure through the middle of the weak with the futures market now down more than 5% from the week’s highs. The move comes amidst heightened concerns around global industrial activity after data this week ...

Submitted Aug 21, 2024|From tickmill.com

Oil prices have been under heavy selling pressure over the last week with crude futures reversing sharply from highs around the $80 mark. Price is now testing the 72.61 level support, a roughly 9% decline. The move lower comes despite a weaker US ...

Submitted Aug 21, 2024|From tickmill.com

Bitcoin prices have been largely muted over the last week. Despite the sell off in USD and the broad pick up in risk appetite, crypto assets have seemingly failed to benefit with BTC futures stuck in a tightly congested block between 57,215 and ...

Submitted Aug 19, 2024|From tickmill.com

Copper prices continue to push higher at the start of the week, The metal is enjoying a mild recovery on the back of recent losses as USD weakness fuels fresh demand. Weaker US inflation and an uptick in Fed easing expectations have combined to ...

Submitted Aug 19, 2024|From tickmill.com|2 comments

The US Dollar is starting the week on a negative footing with the Dollar Index seen testing new monthly lows. With plenty of US data/event risk this week, this initial weakness reflects caution among investors as they mull the risk of a fresh move ...

Submitted Aug 12, 2024|From tickmill.com

Oil prices are trading higher at the start of the week with crude futures extending gains from last week. The market is now up around 8% from last week’s lows as bullish sentiment continues to grow. One of the key upside drivers currently, is the ...

Submitted Aug 9, 2024|From tickmill.com

Copper prices are rebounding ahead of the weekend with the futures market trading 3% up off the week’s lows. Fear over the health of the US economy have been a major headwind for copper prices recently, adding to bearish sentiment stemming from ...

Submitted Aug 9, 2024|From tickmill.com

Gold prices are almost back to flat on the week after a strong rally yesterday. The move comes amidst a cross-asset recovery following heavy selling at the start of the week. Seismic moves in JPY had stolen the show at the start of the week, driving ...

Submitted Aug 8, 2024|From tickmill.com

Crude oil prices spiked higher yesterday after news of a larger-than-forecast inventories drawdown, as recorded by the EIA. Falling by a further 3.7 million barrels, US crude stores are now down at their lowest levels since February. The data is an ...

Submitted Aug 7, 2024|From tickmill.com

Copper prices remain under heavy selling pressure this week as demand concerns continue to weigh on sentiment. The futures market is currently testing support at the 3.9350 level, having fallen around 16% from the July highs and now down 25% from ...

Submitted Aug 7, 2024|From tickmill.com

Oil prices are seeing some relief today with crude futures trading a little higher off the week’s lows. Some shift in tone from the BOJ has seen JPY pulling back from recent highs which has helped improve risk appetite somewhat. Additionally, with ...