CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Category: Daily Morning Forex Reports & Trading Analysis

Daily Morning Forex Reports & Trading Analysis
Richard Perry

USD weakening once more ahead of a crucial FOMC meeting

Market Overview There is a cautiously positive tone to markets this morning as traders look toward the Federal Reserve meeting later today. A decline on Wall Street last night came amidst a session of risk reduction. After last week’s sharp move higher on Treasury yields amidst a heightened sense of

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

Could consolidation ahead of the Fed turn into a risk correction?

Market Overview Equities have stormed higher in this risk recovery, with the promise of ever more supportive major central banks and the hugely better than expected US jobs report to fuel the optimism. However, with so much good news now priced in, there are signs of a pause in the

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

Further ECB support boosts sentiment once more ahead of Nonfarm Payrolls

Market Overview The capacity for this bull run to continue higher has been given a boost once more as the European Central Bank announced a larger than expected increase to its pandemic support programme. The risk recovery is back in full swing after the ECB increased its Pandemic Emergency Purchase

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

Signs of profit taking on the risk rally ahead of a key ECB meeting

Market Overview The risk recovery is taking a pause for breath this morning as the bull run on equities begins to show signs of easing. It comes as Treasury yields have pulled a shade lower, the US dollar has found a degree of support across major currencies, and equity futures

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

Markets looking cautious ahead of Trump’s announcement on China

Market Overview For the past few days, markets have been building with anticipation of an impending escalation of tensions between the US and China. Whilst equity markets have been positive with focus on COVID-19 vaccines and economy re-openings, looking large overhead has been the US response to China over its

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

Concern over US sanctions on China begin to weigh on the breakout

Market Overview As has so often been the case in recent weeks, unrestrained hope of economic recovery that comes with a vaccine is short-lived. Traction in the breakouts for risk appetite is difficult to maintain as markets always have a “but” as a restraining caveat. COVID-19 vaccine hopes and talk

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

A risk retreat gathers momentum as USD rebound continues

Market Overview At a time where markets are trying to build the momentum to take the next step forward in this recovery, growing geopolitical risk between the US and China is not ideal. We are increasingly seeing the threat of renewing tensions between the world’s two most powerful economies. Moves

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

Dollar claws back losses as Trump tries to deflect blame onto China

Market Overview We continue to see markets trying to break key resistance levels, underpinned by an accommodative Federal Reserve. However, once more sentiment has just been dragged back by US President jabbing at China. The US is dealing with the worst numbers of the COVID-19 epidemic and President Trump is

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

Sentiment moves positively as gold breaks to multi year highs

Market Overview The ebb and flow of market sentiment has once more seen flow back into risk at the start of the week. An interview by Fed chair Powell on the programme, 60 Minutes, in the US last night has been taken as a glass half full. Powell talked about

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Daily Morning Forex Reports & Trading Analysis
Richard Perry

A cautious tone from Fed chair Powell and renewing trade tensions hit sentiment

Market Overview The last few sessions have seen an increasing tide of risk negative influences hitting on market sentiment. Concerns over economies re-opening and the potential for second wave infection rates increasing are a factor. However, markets are also having to price for a re-emergence of trade risk, as the

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