Matt Simpson's Comment & Analysis
A complete archive of Matt Simpson's articles, including current analysis & opinion - Page 5
After breaking the December trendline and compressing near recent lows, we explore the potential for further losses in line with a weekly bearish reversal candle.
As we head towards the long weekend, price action has proven to be fickle due to end of month/quarter flows. But that doesn’t mean opportunities won’t be around the corner.Throughout...
It’s almost as if U.S. President Donald Trump was tempting fate when he tweeted "great news"” about the rebound in the U.S. stock market. Or perhaps he was beckoning Wall Street to have...
After much publicity, the U.S. administration announced $60 billion of tariffs for Chinese goods. China was quick to respond with a 25%-revenge-tax on U.S. pork products (and 15% on U.S. steel pipes,...
With the rate at which Canadian dollars have been thrown overboard recently, you’d be forgiven for thinking they were on fire. The threat of a NAFTA fallout and U.S. President Donald...
The Bank of Canada holds its second policy meeting of the year tomorrow, after having raised for the third time this cycle in January’s meeting. Yet while there has been speculation it may raise...
The USD moved broadly lower following the announcement that U.S. President Donald Trump intends to place a 25% tariff on steel imports and a 10% tariff on aluminium. That Powell also back-tracked...
The Japanese Yen has been the strongest G10 performer this year, and the recent surge of Yen demand suggests there could be more gains ahead.Volatility for Yen pairs exploded yesterday and sent...
Canada released CPI data, which is marked as a high volatility calendar. The Bank of Canada raised for the third time this cycle in January, and markets are pricing the April meeting as a coin toss...
The U.S. Dollar Index sank to new lows today in Asia, finally breaking out of a tight range we highlighted last week. The straw that broke the camel’s back will always be up for debate, but...