Yesterday evening the Chairman of the Federal Reserve, Jerome Powell, delivered a clear message: “We must put inflation behind us”, “but there is no painless way to do it”. By... Read more

USDIndex – extended gains to 111.51, as the FOMC boosted rates by 75 bps, but it was a much more hawkish result than that. The SEP revisions were the focus... Read more

The USDCNH has recorded a nearly 7-month rally against the offshore Yuan, with this year’s low seen in February at 6.3046 (a level that was also a new low since... Read more

USDIndex – extended gains to 110.26, stocks and bonds were down while the 10-year yield surged over 10 bps to hit 3.60%, but slid to finish at 3.555%. It is the... Read more

When I first started trading, I once asked a senior trader how to know if the market is starting to trend or starting to breakout. His answer did not seem... Read more

Introduction to the Clock Indicator Time is a critical information especially for day traders and scalpers. This is because certain times of the day generally have more price movements and... Read more

Gold prices are back under pressure since the latest US CPI report led to a massive sell-off in the precious metal as the US dollar index surged again and non-yielding... Read more

Dollar heads into the week buoyed by significant risk-off sentiment ahead of key FED interest rate decision on Wednesday. Dollar The Dollar begins the week on the front foot, mainly... Read more

USDIndex – steadied at 109 – 109.30, as Treasuries were weaker on the day and closed near theirs lows as the market awaits an all-but-done 75 bp rate boost. The... Read more

Stocks ended with losses last week. The deep sell-off on Tuesday last week made it difficult for the bulls to break out of the lows. The market outlook is becoming... Read more