Senior Market Strategist
Russell Shor is a Senior Market Strategist at FXCM, having been promoted to the role in 2025 in recognition of his depth of insight and consistent delivery of high-impact market analysis. He originally joined FXCM in October 2017 as a Senior Market Specialist.
Russell holds an Honours Degree in Economics from the University of South Africa, is a certified FMVA®, and a full member of the Society of Technical Analysts (UK). With over 20 years of experience in financial markets, his work is renowned for its clarity, precision, and strategic value across asset classes.
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Bitcoin is closing in on our amended first target. However, the dominant reversal pattern's target is even lower.
GBPUSD declines as Fed and BoE policy aggressiveness diverges.
This week FXCM senior market specialists Russ and Nik talk about inflation. First from the ECB's point of view and then moving to the US CPI miss on Friday. Market reactions were swift, which followed through to Monday. This Wednesday sees the Fed rate hike, and the market repricing from 50bps to 75bps had a large part to play in Monday's bloodbath. Thursday has the BoE hiking rates, with the…
Market participants exited the precious metal in a panic yesterday. Today sees indecision, with the Fed decision clearly on the mind of market participants.
US indexes trade in their long-term weak areas. All have associated underlying momentum to the downside, but the small companies index is especially afflicted.
The Fed's normalisation of its balance sheet will affect both yields and the dollar. So market participants should not ignore it.
Bitcoin is dropping like a stone towards our first target.
The initial jobless claims missed the forecast. This is a concern given the current macroeconomic environment.
Given the tightening cycle, market participants turn their attention to tomorrow's CPI release to see if there are signs of moderation.
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