Merlin Rothfeld
Online Trading Academy
Alone in studio, Merlin takes a look at the inconceivable market rally which refuses to acknowledge a poor earnings season, and economic data. This transitions to a trade setup and analysis for the platinum futures, offering insight into risk management techniques.
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Editors’ Picks
EUR/USD rises to near 1.0850 ahead of PMI data from both economies
EUR/USD pauses its three-day decline, trading around 1.0840 during Asian hours on Monday. The pair gains as concerns over a US economic slowdown, driven by trade policies under President Donald Trump, weigh on the US Dollar.
GBP/USD trades with positive bias around 1.2930 amid modest USD weakness
GBP/USD gains some positive traction on Monday amid the emergence of fresh USD selling. The divergent Fed-BoE outlook and the recent breakout above the 200-day SMA favor bulls. Traders look to flash UK/US PMIs for some impetus ahead of BoE Governor Bailey’s speech.
USD/JPY falls from near 150.00 after Japanese commentary
USD/JPY turns south after facing rejection just shy of 150.00 in the Asian session on Monday. The pair pares gains following the commentaries from Japanese Finance Minister Kato and BoJ policymaker Uchida. Hopes of the next BoJ meeting being the 'live one' and weaker US Dollar also cap the pair's upside.
Editors’ Picks
AUD/USD advances toward 0.6300 on tariff optimism, China support
AUD/USD is rising further toward 0.6300 in the Asian session on Monday. The Aussie gains support from speculations surrounding narrower US reciprocal tariffs due to be announced on April 2. Further, strong Australian Manufacturing PMI data, Chinese support measures and a subdued US Dollar underpin the pair.
USD/JPY falls from near 150.00 after Japanese commentary
USD/JPY turns south after facing rejection just shy of 150.00 in the Asian session on Monday. The pair pares gains following the commentaries from Japanese Finance Minister Kato and BoJ policymaker Uchida. Hopes of the next BoJ meeting being the 'live one' and weaker US Dollar also cap the pair's upside.
Gold treads water near $3,025 amid hopes for Ukraine peace deal
Gold price treads water near $3,025 in the Asian session on Monday. The precious metal trades with caution after reaching an all-time high on Thursday amid hopes for a Ukraine peace deal. Further, renewed optimism surrounding US' reciprocal tariffs buoy risk sentiment, limiting Gold's rebound.
Week ahead: Flash PMIs, US and UK inflation eyed as tariff war rumbles on
US PCE inflation up next, but will consumption data matter more? UK budget and CPI in focus after hawkish BoE decision. Euro turns to flash PMIs for bounce as rally runs out of steam. Inflation numbers out of Tokyo and Australia also on the agenda.
Week ahead – Flash PMIs, US and UK inflation eyed as tariff war rumbles on
US PCE inflation up next, but will consumption data matter more? UK budget and CPI in focus after hawkish BoE decision. Euro turns to flash PMIs for bounce as rally runs out of steam. Inflation numbers out of Tokyo and Australia also on the agenda.
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