USD/JPY Recovers on Ueda’s Dovish Remarks, Critical Tech Levels Ahead
The yen lost ground on Friday after BoJ Governor Ueda indicated that inflation is retreating rapidly and that further confirmation of the sustainability of the price goal is needed to…
Read More »Market Update – April 11 – Stocks & USD Mixed as Inflation & Earnings Loom
US #stockmarkets closed mixed – Industrials higher – Tech lower (#Samsung said they will cut chip production – lifting Western Digital & Micron +8%). USD continued to recover, (USDIndex topped…
Read More »Events to Look Out For Next Week
The week is massive as uncertainty for major central banks actions dominates after the latest data releases back higher for longer stories for most central banks. The weekly agenda includes…
Read More »Events to Look Out For Next Week
Trading activity could gear up quickly to begin the abbreviated week with the key question still being how much further policymakers will have to boost rates. The inflation figures out…
Read More »AUDJPY: Rounding Top Downside Breakout Detected
AUDJPY, Daily The RBA appeared to fulfil market expectations by offering clues in the RBA minutes on when it will end its tightening cycle. According to the minutes, the central…
Read More »Events to Look Out for Next Week
The growth outlook is looking increasingly shaky. Yet, with inflation going through the roof, the Central banks remains on course for additional tightening measures. The Ukraine war and the standoff…
Read More »Events to Look Out for Next Week
The overall cautious mood is expected to continue next week as markets continue to eye problems at Evergrande, the troubled mega property developer in China, and the potential wider fallout….
Read More »FX Update – September 23 – Day 3 of Dollar Gains
EURUSD, H1 The Dollar is up for a third consecutive day, even managing gains against the Yen as global stock markets lifted out of recent correction lows. Solid US data…
Read More »FX Update – June 26 – Consolidations abound
EURUSD, H1 Narrow ranges with a modicum of yen firmness have been prevailing against a backdrop of higher equity markets in Europe and Asia, which have tracked Wall Street gains,…
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