Moga International Group Pty Ltd

07/01/2022

USD - Why a Strong Non-Farm Payrolls May Not be Enough
https://60secondinvestor.com/macro/a-strong-non-farm-payrolls-may-not-be-enough/

Between hawkish FOMC minutes, a strong ADP report and surge in Treasury yields the U.S. dollar should be stronger.  However in the last 48 hours, the greenback pulled back against the Japanese Yen, saw modest gains versus commodity currencies and consolidated against euro and sterling.  This is pa...

28/12/2021

Market Commentary
The PBoC Doubles Down On Interest Rates As Chinese Property Stocks Tank

24/12/2021

10/12/2021

Trading Cautiously Ahead of US CPI
https://60secondinvestor.com/macro/fx-trading-cautiously-ahead-of-us-cpi/

The U.S. dollar traded higher against all of the major currencies on Thursday with the exception of the Japanese Yen. The Federal Reserve meets next week and faster removal of policy accommodation is widely anticiptaed.  Today’s jobless claims report confirms that the labor market is blazing hot....

08/12/2021

Dollar Rumbles on Powell & Omicron
https://60secondinvestor.com/news/dollar-rumbles-on-powell-omicron/

Currencies and equities sold off sharply today after Federal Reserve Chairman Powell said, “it is time to retire the word transitory regarding inflation.” Investors bid up the U.S. dollar but having sold off before Powell’s announcement, the greenback was unable to turn positive against all of...

30/11/2021

Market Commentary
Will Omicron Overshadow This Week's US Payroll Report?

18/11/2021

Currencies Tumble as Inflation Worries Grow
https://60secondinvestor.com/macro/dow-snaps-9-day-rally-fx-and-yields-lower/

Risk appetite soured today as the Dow Jones Industrial Average closed lower for the first time in 9 trading days. The simultaneous decline in currencies and Treasury yields confirms our view that investors are growing concerned about high inflation. USD/JPY dropped to its lowest level in nearly a mo...

11/11/2021

Market Commentary
Gold Charts

08/11/2021

USD Outlook – Taper Won’t Be Main Focus
https://60secondinvestor.com/news/usd-outlook-taper-wont-be-main-focus/

For the first time since the pandemic began, the Federal Reserve will reduce the stimulus they provided during COVID-19 crisis.  Given the significance of this move and what it means for the central bank’s economic outlook, the U.S. dollar should be trading much higher. However, there’s been ve...

01/11/2021

Market Commentary
Have We Reached "Peak" Gold Production?

29/10/2021

Euro – Best Day in 5 Months
(US GDP Overshadows ECB)
https://60secondinvestor.com/macro/euro-best-day-in-5-months-us-gdp-overshadows-ecb/

EUR/USD logged its best day in 5 months as US GDP overshadowed the European Central Bank’s monetary policy announcement.  According to the latest report, the U.S. economy grew by only 2% in the third quarter, which was the weakest pace of growth since the pandemic induced global shutdown in secon...

22/10/2021

Watch UK, CA Rate Hike Bets
https://60secondinvestor.com/macro/fx-watch-uk-ca-rate-hike-bets/

U.S. stocks extended their gains on Tuesday and the improvement in risk appetite drove investors out of safe haven currencies into riskier ones which explains why the U.S. dollar ended the day lower against all of the major currencies despite renewed gains in Treasury yields. Ten year rates are at t...