David Scutt
David Scutt
Market Analyst
Expertise: Macroeconomics/fundamentals, strategy, market education
Trading Style: Swing
Experience:
• Former FX spot, forwards and money markets securities dealer/trader with more than 10 years’ experience working in bank treasury
• Managing interest rate and liquidity risk
• Regularly featured in publications such as Reuters, Wall Street Journal and Australian Financial Review
• Ex markets and economics editor for Business Insider, covering macroeconomic and major market events in Asia
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Gold Outlook: Record Highs on Ice as Bearish Signals Build
Bearish momentum is building in gold following last week's reversal from record highs. With optimism in risk assets lingering and technical patterns flashing warnings, it may be some time before gold can mount another serious push towards $3500.
Japanese Yen Forecast: USD/JPY Braces for BOJ and U.S. Data Avalanche
Risk sentiment has taken the driver’s seat for USD/JPY, but this week’s barrage of top-tier U.S. data and BOJ guidance may hand the reins back to fundamentals.
USD/JPY: BOJ Dilemma Grows as Inflation Rises but Tariff Threats Loom
Sticky inflation in Japan’s capital keeps pressure on the BOJ to normalise policy, but uncertainty around U.S. tariffs and global growth is forcing caution. Despite the hot data, USD/JPY remains a risk appetite trade for now.
AUD/USD, NZD/USD: Bears Fight Back After V-Shaped Rally Hits a Wall
A stalled recovery in the Aussie and Kiwi is raising fresh questions over whether recent gains have legs. With bearish candles emerging and the US dollar back in demand, the path of least resistance may be lower—at least for now.
AUD/USD, USD/CAD: Watching Key Trendlines as Dollar Loses Its Grip
Traders are increasingly focused on what a Trump-aligned Fed might mean for policy, inflation, and the dollar. With the risk of unconventional policies back in the mix, the greenback’s downside could extend if deemed a policy error by markets.
Japanese Yen Forecast: USD/JPY ignores yields, follows fear
USD/JPY continues to shrug off traditional drivers like yield spreads and Fed pricing, aligning more closely with classic safe havens like gold and Swiss franc. Unless that dynamic breaks, trade headlines and Treasury auctions may prove more influential than central bank speech or second-tier data releases in the week ahead.
USD/JPY slips to multi-month lows, AUD/USD tests major resistance
As market depth thins into Easter, AUD/USD and USD/JPY are lining up for potentially explosive moves. With big data and central bank risks ahead, traders should watch the near-term price action closely.
U.S. Exceptionalism Not Done Yet? Big Retail Print Could Wreck Bearish Dollar Bets
The ‘end of U.S. exceptionalism’ trade is starting to feel crowded. A big beat on retail sales could flip the narrative and force a dollar short squeeze—just as reversal patterns emerge in USD/CAD and USD/CHF.
AUD/USD, NZD/USD: Antipodeans in orbit as China proxies pop
The antipodean rally is rolling on, led by the Kiwi’s clean breakout and a bullish Aussie not far behind. With strong correlations to cyclical plays in China, could fresh U.S. trade tensions be the next hurdle—or the next catalyst?
USD/CHF, USD/JPY: Dollar Rebound Risk Builds as Oversold Signals Flash
Treasury volatility has shaken the dollar’s safe haven tag, but oversold conditions and stabilising yields may pave the way for a squeeze in USD/CHF and USD/JPY.
NZD/USD Surges Beyond YTD Highs, Eyes Further Gains
A reliable technical pattern, a key breakout, and a surprise link with gold—are we seeing a trend shift for the Kiwi?