FXCM Market Talk Your Trading & Finance Podcast

Tomorrow’s ECB meeting is likely to give important information on its new policy strategy. It is a distinctly more dovish stance as the ECB looks to deliver on its price stability mandate with symmetric 2% inflation as its target. There has also been a pick up in safe-haven buying which has lent itself to dollar support. How this may affect the risk markets is also discussed.

FXCM Senior Market Specialists Nikos and Russell discuss this week’s NFP.  Their discussion includes the US labour market and its importance regarding the timing of the Feds tapering program. The two also consider how the payroll’s print will potentially affect yields, the USD, gold, and bitcoin.

FXCM Senior Market Specialists Russell Shor and Nikos Tzabouras discuss the ramifications of the latest Fed statement and press conference. The dot plot shows a more hawkish FOMC. Russell and Nikos discuss how this has changed financial market dynamics and what the second half of the year may hold.

This Wednesday’s FOMC statement and press conference are regarded as of paramount importance. Market participants are anticipating the type of communication forthcoming regarding inflation, the labour market, and the general health of the US economy. Join FXCM Senior Market Specialists Russell Shor and Nikos Tzabouras as they discuss this important calendar event.

The unemployment rate came in at 5.8% on Friday, which was better than the forecast. However, this print does not take into account the participation rate which fell. Moreover, there has been no real improvement in the US participation rate since July of last year. This is contrary to improvements seen in other industrialised countries. So whilst other central banks have communicated potential nor...

The inflation adjustment in nominal yield will be a key metric in confirming inflation. However, as yield begin to move it will ripple and affect other instruments. In this podcast, we look at the inflation adjustment and its potential impact on the USD, gold, and US stock indexes.

Bitcoin had a terrific run into 2021. However, it has sold off heavily over the last three weeks. In this podcast, we apply stage analysis and look at a potential bitcoin/USD relationship for clues as to where the cryptocurrency may be headed. Please listen closely to the read disclaimer between 0.36-2.27 of the podcast.

Commodities have performed exceptionally well over the last year. We analyse their performance here and how it affects the commodity currencies. We also address the key question: is there a commodity supercycle?  Please listen closely to the read disclaimer between 0.16-2.10 of the podcast.

The Fed minutes for April show that some members are considering to taper asset purchases, provided the economy shows “rapid progress.” In this podcast, we discuss this change in Fed communication and look at its effect on the US 10-Year Treasury yield. Once we understand how yields may move, we further consider the potential effects on the Nasdaq, the USD, and gold (XAUUSD). Please listen closely...