Chart Created News Today

The Fed’s unexpected dovish pivot is a clear signal that officials want to shift policy in time to engineer a soft landing; in other words, they are prioritizing growth over inflation.

Cable faced selling pressure today thanks to a revival in the US Dollars haven appeal. Looking ahead and developments around the US Dollar is likely to be the major driving force of GBPUSD for the rest of the week.

The Yen enjoyed some strength today as Nikkei Asia broke a story that the BoJ are debating a further tweak to YCC policy. Will the BoJ follow through and what does that mean for USD/JPY?

GBP/USD faced a trendline rejection and renewed selling pressure making a return to recent lows. Are we in for fresh lows or a period of consolidation ahead of Central Bank Meetings?

The US Dollar Index faced selling pressure today as US Yields retreated from recent highs. GBPUSD benefitted with a deeper recovery for Cable looking more likely. Can UK Employment data help facilitate a trendline break?

Market breadth in US indices has weakened recently, with some indicators around multi-month lows. From a contrarian perspective, it could reflect oversold conditions, pointing to a minor rebound ahead of the US earnings season.

The South African Reserve Bank MPC Meeting is tomorrow where the Central Bank is largely expected to keep rates steady. Given all the intrigue locally around the Reserve Bank i thought we could take a look at the history, mandate and policy of SARB

British Pound bulls’ struggle to gain traction ahead of UK data. Given the uptick in US and Canadian inflation will the UK follow a similar path?

British Pound bulls’ eye massive week of data to arrest the recent slump as inflation data and the much-anticipated Bank of England meeting lie in wait. 25 bps hike incoming from the BoE?

The Bank of England (BoE) is facing growing challenges heading toward the September meeting, as uncertainty around the Fed swirls as well. Will todays US data provide some clarity for the pair?