Fundamental Analysis - Tickmill Expert Blog - Forex Traders Blog

Precious Metals Monday 27-02-20223

Metals Sell-Off Pauses... But For How Long?Both gold and silver have seen a rather muted start to the week with the metals each roughly trading around their respective opening prices after seeing...

EURUSD breakout of 1.05 level may prompt strong bullish response

On Monday, the market sees a classic relief rally after sell-off on Friday, triggered by the surprise in the Core PCE. The news led to sharp reassessment of Fed rate path which hit risk assets and...

FOMO Friday: Copper Falls 5%

Copper Comes A CropperAs the last full trading week of February comes to a close, we’ve seen several key developments with the January FOMC minutes, the first comments from incoming BOJ head Ueda and...

EU inflation forces ECB to maintain “higher for longer” narrative

Euro area CPI increased by 8.6% YoY, according to the final data from Eurostat. The rate of growth of price level in the bloc declined compared to 9.2% in December. Preliminary estimate showed that...

Is EURUSD primed for a reversal? Technical analysis says it is

Incoming data on the US economy and the Fed's rhetoric pushed greenback higher to a new local high (105 on DXY). Dollar demand also rose against the backdrop of increasing geopolitical risks - in...

The FOMC Minutes Could be a Nothingburger as the Bar for Surprise is High

The US equities have finally succumbed to the hawkish interest rate narrative that was gathering momentum in the market since the start of the February. The recent stream of fundamental data updates,...

The Crude Chronicles - Episode 173

Oil Under PressureIt’s been another dismal week for oil traders. Crude futures have fallen over 8% from last week’s highs and are close to testing the YTD lows as selling continues into the end of the...

AUDUSD At Risk Ahead of FOMC Minutes

FOMC Minutes in FocusMarket focus is firmly fixed on the FOMC minutes today. Over recent sessions we’ve seen US yields rising and stocks falling as traders brace for a potentially hawkish set of...

Eurozone PMI Should Lift EURUSD but Greenback Hopes for FOMC Minutes Hawkish Surprise

Eurozone PMI indices for February had a mixed impact on market sentiment, composite indices (manufacturing + services) were higher than expected, both in the EU and the key economies of the block,...