Market Update – November 26 – B.1.1.529 – Risk Off
B.1.1.529 – RISK OFF – JPY, CHF & USD bid – AUD, NZD & CAD pressured – Stocks & Oil tank. (-2.5%) Treasuries in demand as yields slip. UK, Singapore,…
Read More »GBP/JPY Price Analysis: Bulls pressing against critical breakout territories
There is little to be said on the shorter-term time frames for GBP/JPY is the cross gyrates with no clear directional bias as the price rounds off the
Read More »Market Update – November 19 – Technicals dominate for now
USDIndexat 95.80. Prime Minister Kishidaconfirmed the new stimulus package has a size of 79 tln yen. Chinais looking into ways to cut taxes and government fees by up to 500 bln yuan….
Read More »USD/JPY Aims Higher After Japan’s Core CPI Falls Short of Expectations
USD/JPY appears to be ready to finish out the week with gains as Japanese Yen weakness continues following CPI data for October.
Read More »Oil sinks on prospect of more supply
Overnight Headlines *USD backs off highs, JPY jumps as sentiment soured *US stocks closed in the red, Dow -0.58% *Oil skidded to a six-week low on concern about supply overhang…
Read More »Market Update – November 18 – Commodity related assets on bid
USDIndex pulled back again to 95.65 . Stock market stalled lower led by China tech stocks, which were under pressure as investors weighed global central bank outlooks and the prospect…
Read More »USD/JPY pares biggest daily loss in three months near 114.00 amid sluggish yields
USD/JPY refreshes intraday high around 114.25, before stepping back to 114.15, as Tokyo opens for Thursday’s trading. In doing so, the yen pair consol
Read More »Dollar breaks higher to new top in USD/JPY
Overnight Headlines *USD made fresh highs for the move, versus EUR and JPY *US stocks were boosted by better-than-expected US retail sales *Bitcoin falls below $60,000, finds support at 50-day…
Read More »USD/JPY struggles at 114.00 as the New York session ends
The USD/JPY retreated from weekly tops around 114.00, fell 0.17%, trading at 113.88 as the New York session finished. On Friday, the Japanese yen reco
Read More »Dollar surges to new highs, stocks in retreat
Overnight Headlines *US stocks fell after +6% US CPI, Tech worst hit *USD hit 15-1/2 month high, EUR below 1.15 *Gold jumped to a five-month top at $1868 *Vix touches…
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