Fed to send the USDJPY lower tonight?
The JPY tends to strengthen around the summer and you can see that bias play out in the USDJPY pair. Over the last 22 years the USDJPY has fallen 14 times between July 27 and August 27. The average fall…
Giles Coghlan
As a professional market analyst and commentator, Giles' goal is simple: to explain the current reason markets are moving the way they are so you that can make better trading decisions right now. His cutting-edge analysis has been featured in Reuters, Business Insider, WSJ, Financial Times Adviser, NBC, LBC Radio, CoinTelegraph, Guardian Observer, National Express, and numerous other prestigious financial outlets.
Are there further EURJPY falls ahead?
The euro has seen further weakness so far this week as growing fears emerge over a slowing global economy, Stagflation, growth, and inflation fears all combined to send the USD higher and that weakens the EURUSD. Furthermore, the last PMI…
Is the road ahead bright for Illumina?
Summer months tend to be a weaker time for many stocks, however, Illumina does see some marginal seasonal gains over the summer months. The seasonal pattern Illumina over the summer has seen an average of 2.24% return over the last…
Will the Fed send gold higher tomorrow?
The Federal Reserve are expected to hike rates by 75 bps tomorrow and STIR markets see a 75%+ chance of a 100 bps hike. The strength this year of the USD has been one of the key reasons for gold’s…
Can Nike shares run higher into year end?
How have the latest COVID-19 restrictions impacted demand for Nike gear in China? Will the lifting of restrictions and the warmer summer months give reason for optimism regarding Nike’s share prices? Nike shares tend to have a strong summer. Will…
Is silver set for a strong summer?
Silver and gold typically have a strong seasonal pattern around the summer months of July and August. This is in part due to jewellery stock purchases ahead of Christmas and buyers for the Indian wedding season. One of the other…
Will copper’s weak August weigh on prices?
Copper prices have been falling over recent weeks over global recession worries. As central banks around the world pivot towards hiking interest rates quickly they risk doing so at the expense of slowing growth. WIth inflation being high many investors…
Could Coca Cola shares gain in a recession?
Coca-Cola has a reputation for a stock that is a ‘recession buster’. Why is that? It is because it is thought that even when the wider US economy is shrinking then many US consumers will still be able to purchase…
Is gold heading for a hot summer?
Gold has been touted as a stagflationary asset, but gold has been falling steadily since March highs. The increasingly aggressive Fed rate hiking expectations and risk off trading has kept the USD bid. Furthermore, the push higher in yields since…
Can Apple shares gain?
Apple has some great seasonals over a typically quiet summer. With everything going on in the market right now can Apple shares once again make gains? Take a look at the details here. Over the last 10 years Apple shares…