US 100 Cash Index Trades Sideways Following Strong Start to New Trading Year
The US 100 cash index is trading sideways following a climb of 900 points since […]
NZDUSD Bulls Face Big Challenge Around 0.6500
NZDUSD continues to rise above the Ichimoku cloud and the short-term simple moving averages (SMAs), remaining […]
USDJPY Remains Suppressed by Restrictive Trendline
USDJPY realized massive gains in the past year, marching to a 32-year high of 151.94 […]
GBP/USD Pair Now Consolidating Near 1.2280
The British Pound started a fresh increase above the 1.2220 resistance zone against the US […]
EUR/USD’s Upside Turned More Limited
Markets Bond yields on both sides of the Atlantic rose a few basis points before […]
BoJ Kuroda: We don’t need to further expand the band around yield target
At the post meeting press conference, BoJ Governor Haruhiko Kuroda said, “We don’t need to […]
UK CPI slowed to 10.5% yoy in Dec, core CPI unchanged at 6.3% yoy
UK CPI rose 0.4% mom in December, matched expectations. In the 12 months, CPI slowed […]
Not for the First Time, the BOJ Spite the Hype
At their January 2023 meeting, the BOJ: Held interest rates at -0.1% Maintained a target […]
Holy Bank of Japan
The Bank of Japan (BoJ) kept its below-zero interest rate and its faltering yield curve […]
Bank of Japan Keeps a Steady Hand
Market movers today Today’s focus will be on hard data from the US as we […]
EUR/GBP IG Client Sentiment: Our data shows traders are now net-long EUR/GBP for the first time since Dec 15, 2022 when EUR/GBP traded near 0.87.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
ECB Villeroy: Lagarde’s 50bps guidance still valid
ECB Governing Council member Francois Villeroy de Galhau said “we will have good news on […]