USD/JPY rallies to three-year highs above 114.00 amid risk-on market sentiment
The USD/JPY extends its one-and-a-half month rally, advances 0.47% during the New York session, trading at 114.21 at the time of writing. As portrayed
Read More »Risk mood on the up, yen suffering
Overnight Headlines *US stocks jumped as better-than-expected outlooks kicked off earnings *USD ended lower against most G10 peers *Gold is holding recent gains around $1800 resistance *Oil continues higher, nears…
Read More »Energy and bond yields continue higher as new week begins
Overnight Headlines *US stocks fell after September NFP missed estimates *USD slipped against most of its G10 peers, DXY still above 94 *WTI oil topped $80 for the first time…
Read More »Market Update – October 8 – Yields Drive Higher Pushing USD & Stocks too
USD (USDIndex 94.30) holds at highs, Stocks & Oil move higher testing key technicals – Yields the driver (5yr at 1.0416% – Feb 2020 high) US debt ceiling extended by…
Read More »Sterling remains pressured even as GDP bounces
GBPUSD, H1 UK GDP revised sharply higher in the final reading. The quarterly growth rate was boosted to 5.5% from 4.8% previously, which left the annual rate at 23.6% y/y….
Read More »Hawkish hold by Fed, BoE up next
Overnight Headlines *USD near one-month highs after choppy FOMC session *US stocks rallied on easing Evergrande concerns *The Vix dropped close to 20 as market jitters reduced USD was choppy…
Read More »Midweek Market Podcast – September 22
Equity markets tanked, while the Dollar and Yen got safe haven bids before the more Dovish than expected BOJ pulled the JPY lower. CAD rallied on a new Trudeau government…
Read More »Relief rally after full blown selloff
Overnight Headlines *USD pulled back form the March high at 93.43, lower this morning *US stocks dropped below key SMAs before pulling back *Vix spiked close to 30, currently trading…
Read More »Events to Look Out for Next Week
The week ahead is expected to be a massive one, as four of the major Central Banks – the Fed, BoJ, SNB and BoE – will announce their rate decision…
Read More »USD stuck in a range
Overnight Headlines *USD erased losses after falling on softer US CPI *US stocks gave up earlier gains to close lower *UK CPI y/y +3.2% vs 2.9% expected, m/m 0.7% vs…
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