Could Japanese Government Surprise With Nomination of New BoJ Governor?
The term of the 31st Governor of the Bank of Japan ends on April 8. […]
GBP/USD IG Client Sentiment: Our data shows traders are now net-short GBP/USD for the first time since Feb 02, 2023 14:00 GMT when GBP/USD traded near 1.22.
Traders are further net-short than yesterday and last week, and the combination of current sentiment […]
Dollar Eases as Stocks Push Higher
The US dollar fell, allowing the likes of GBP/USD, EUR/USD et. al., to recover in […]
WTI Oil: Strong Rally Starts to Lose Traction on Overbought Conditions/Inflation Concerns
The WTI oil remains at the front foot and extends strong rise from $72.24 (Feb […]
USD/JPY: Dollar Losing Traction But More Signals Needed to Spark Deeper Drop
The USDJPY edged lower in early Thursday but remains within 130.50/132.90 range which extends into […]
Euro Gains Ground, German CPI Inches Upwards
The euro has posted strong gains on Thursday. EUR/USD is trading at 1.0749, up 0.57%. […]
AUDUSD Forms Bullish Setup
AUDUSD established a bullish setup around its 50-day simple moving average (SMA), aiming to recover […]
WTI Crude Oil Gains Some Ground Within Trading Range
WTI crude oil futures’ price is gaining some ground after the strong bounce off the lower […]
EUR/USD: Initial Reversal Signal is Developing on Daily Chart
The Euro is holding a bit firmer footing in early European trading on Thursday after […]
XAG/USD: The Final of the Intervening Wave is Near, After Which Price May Rush Up
As a few weeks ago, XAGUSD suggests the construction of a global triple zigzag consisting […]
US Oil Looks to Bottom Out
WTI crude edges higher over smaller-than-expected US inventories. A bounce off the daily demand zone […]
BoE Bailey very uncertain particularly about price-setting and wage-setting
BoE Governor Andrew Bailey said in a Treasury Committee hearing, “we are concerned about persistence […]