Learn more about trading and what’s going on in the markets, with our professional market analysis, including charts and market commentary.
Dollar to dominate while fed remain hawkish
As long as the Fed keeps up the hawkish rhetoric, the dollar will continue to dominate. That’s the view of 53 currency strategists polled by Reuters, and the dollar HAS been tearing things up lately with the dollar index (DXY) knocking on the door of 100...
Oil: what's the big picture?
The biggest story in oil markets last week was the announcement of the huge US oil release. The move is designed to bring prices down in the short term and “to serve as a bridge until the end of the year when domestic production ramps up” per the White House.
Stock of the week: Tesla
Tesla’s rapid development continues. The electric-vehicle maker delivered 310,048 cars in the first quarter of 2022, a new sales record for the company. That compares to 184,800 delivered in Q1 2021.
Euro analysis and forecast
The impact of Russia’s invasion of the Ukraine on the Eurozone is severe but the euro has rallied to the upside on optimism about a Russia-Ukraine ceasefire. Is the rally a sell or could we see more upside?
Nasdaq recovery runs out of steam
The Nasdaq’s relentless rally looks to have finally run out of steam at a key technical area. Short squeezes were the narrative a couple of weeks ago but that story’s looking stale. Month and quarter-end flows are now done too.