EUR/USD: Why the rate differential still sets the ceiling on any euro rally
Every euro rally of the past two years has run into the same wall: the spread between what the market expects from the Fed and what it expects from the ECB. Here is how…
Latest NewsCurrencies, commodities and macro headlines as they break
Analysis
USD/JPY: the carry trade explained properly, and why it unwinds so violently
The yen carry trade earns slowly and loses quickly. Understanding the asymmetry is the difference between riding the trend and being the liquidity for someone else's…
Analysis
Crude oil: the supply-demand balance is the story, everything else is timing
Inventories, spare capacity and the shape of the futures curve tell you more about where crude is going than any single geopolitical headline.
Analysis
GBP/USD: sterling trades on two curves, and traders usually watch the wrong one
Sterling behaves like a rates currency on quiet days and a risk currency on loud ones. Knowing which regime you are in determines whether the chart…
Analysis
Ethereum: valuing a network that is also a monetary asset
ETH is simultaneously a commodity that pays for computation, a yield-bearing staked asset and a speculative store of value. Those three identities pull the price in…
Bonds & Rates
Bond yields are the FX market’s nervous system: a practical guide
If you trade currencies without watching the curve, you are reacting to moves that were already visible somewhere else twenty minutes earlier.
Analysis
Weekly forecast: the US dollar and the three questions that decide the week
A scenario framework for the dollar index rather than a single prediction: what has to happen for each path, and the level that invalidates it.
Commodities
Weekly forecast: gold’s path depends on real yields, not on the headlines
Three scenarios for XAU/USD, each tied to a specific macro condition, with the behaviour that would confirm or kill it.
AnalysisTechnical levels, chart structure and trade context
S&P 500 and the dollar: what the equity tape tells currency traders
The equity index is not a currency driver, but it is an excellent real-time indicator of which regime the FX…
Support and resistance: what these levels actually are, and why most of them are imaginary
A level is not a magic number. It is a record of where large amounts of business were transacted —…
Altcoins: a framework for separating infrastructure from narrative
Most altcoin rallies are liquidity events dressed as technology stories. A few are not. Telling them apart requires looking at…
CryptocurrenciesBitcoin, Ethereum and the majors
Position sizing: the only part of trading you fully control
You cannot control whether a trade works. You can control exactly how much it costs when it does not —…
How to evaluate a broker before you fund an account
Regulation, client money handling and execution quality matter far more than the size of the welcome bonus. A practical checklist…
Trading the London and New York overlap: the four hours that make the day
Roughly 12:00 to 16:00 GMT is when depth peaks, spreads tighten and most daily ranges are completed. Here is how…
Why inflation data moves currencies less than the reaction function does
A hot inflation print is only bullish for a currency if the market believes the central bank will respond to…