TickMill James Harte
With 10 years of experience as a private trader and professional market analyst under his belt, James has carved out an impressive industry reputation. Able to both dissect and explain the key fundamental developments in the market, he communicates their
Gold Rally Continues As Traders Await FOMC Minutes
Gold Rally ContinuesFollowing the breakdown early last week, gold prices have since rebounded and are traidng firmly this week. The downturn in the US Dollar on the back of Thursday’s weaker-than-forecast US retail sales data has helped fuel a recovery ac...
7 months ago
Crude Prices Stalled at Key Resistance
Fresh ShippingCrude prices are sitting just below Friday’s highs as we start the new week. Indeed, we’re seeing some light selling across the European morning on Monday, despite news of fresh attacks on shipping routes in the Middle East. The UKMTO noted...
7 months ago
Softer Dollar Continues on Monday
Muted Markets on MondayThe US Dollar is under pressure on Monday as we begin with a quieter start to the week due to the bank holiday in the US and Canada. Last week, a sharp drop in US retail sales curtailed the initial rally we’d seen on the back of a s...
7 months ago
What Next Following Last Week's Copper Rally?
Copper Rally Pauses for NowCopper prices are beginning the week in a quieter fashion after the solid gains we saw last week. The market surged higher by more than 4% as weakness in the US Dollar helped lift demand. Prior to last week’s rally, copper price...
7 months ago
USDJPY Softens As Intervention Risks Grow
Intervention ChatterUSDJPY is reversing heavily today following further comments from Japanese officials after the Yen weakened to its lowest level against USD in 34 years. After hitting 151.97, Japanese Fin Min Shunichi Suzuki warned that authorities wou...
6 months ago
Where Next For Ethereum?
ETH Recovery StallsEthereum Futures continue to hold around the mid-way point of the recent highs and the corrective low put in last week. The second-largest traded crypto asset by market-cap followed Bitcoin lower from recent highs as profit taking and s...
6 months ago
Bitcoin Whales Drive Price Back Towards Highs
BTC Sees Fresh RallyBitcoin is back in the spotlight today after a more than 12% rally in the futures market yesterday. BTC futures gapped higher at the open and continued to find demand throughout the session, remaining in the green so far today also. BT...
6 months ago
Dollar Weakness Supporting Gold
Gold Rallying on TuesdayGold prices are pushing firmly higher today, benefiting from weakness in the US Dollar through the European morning on Tuesday. The yellow metal had been weaker in recent sessions, weighed on by the post-FOMC uptick in USD. However...
6 months ago
Aussie Slips on Weak CPI Reading
Aussie Under PressureThe Aussie Dollar is back under offer today following weaker-than-forecast inflation data overnight. Australian annualised CPI was seen holding at 3.4% last month, undershooting forecasts for an uptick to 3.5%. Prices have now held at...
6 months ago
USDJPY Holds Near Highs Despite Hawkish BOJ Comments
BOJ Tightening ExpectationsUSDJPY has recovered off the day’s lows with the pair trading back in the green now ahead of key US labour market readings due later today. JPY had been stronger initially on comments today from BOJ governor Ueda which appeared...
6 months ago
Copper Rallies on China Factory Boost & Weak USD
Better China Data Boosts CopperCopper prices have broken out to their highest levels since January 2023 this week. There are a few factors at play here but the two main bullish drivers to focus on are the improvement in Chinese factory data and the weakne...
6 months ago
What's Driving The Push Higher in Crude?
Crude at HighsOil prices are back in the spotlight this week with crude futures having broken out to fresh YTD highs yesterday. Heightened geo-political risks linked to escalating conflict in the Middle East, OPEC supply cuts and better data out of China...
6 months ago
Dollar Slump Deepens as Traders Await NFP Tomorrow
Weak ISM Services Hits DollarThe US Dollar is turning sharply lower into the back of the week, ahead of tomorrow’s keenly awaited March labour reports. Yesterday, the ISM services reading was seen unexpectedly dropping to 51.4 from 52.6 prior, below the 5...
6 months ago
Aussie Inverse H&S On Watch
Aussie on The UpThe Australian Dollar is tearing higher against USD today as the weakness in the greenback continues to drive movements across FX markets. With traders now leaning into the prospect of a June rate cut USD has been on the backfoot this week...
6 months ago