GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Jan 04, 2023 17:00 GMT when GBP/JPY traded near 159.43.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
Fed Nears a Hiking Pause – History Points to Recession and Possible October 2023 Rate Cut
The Federal Reserve Bank has been on an aggressive tightening path since March 2022. A […]
Week Ahead – Will the Bank of Japan Roll Out Another Surprise?
A volatile week awaits FX traders, featuring the first Bank of Japan decision of the […]
Weekly Focus – Markets Are Rallying But Is It Premature?
Year 2023 has delivered for risk lovers thus far. Early signs of moderating core price […]
GBPUSD Pullbacks Despite Surprise in GDP Data
Britain, as previously with mainland Europe, is showing better than expected GDP performance, tempering expectations […]
EUR/JPY Falls Sharply for the Second Day
The cross extends steep fall into second straight day, losing 1.3% until early US session […]
Futures Fall as Q4 Earnings Season Kicks Off
US futures Dow futures -0.86% at 33915 S&P futures -0.98% at 3944 Nasdaq futures -1.02% […]
USD/JPY: Larger Downtrend to Resume after Taking Out Key Supports
The USDJPY keeps firm negative tone and dips to new lowest levels in over seven […]
Dollar Trying to Recover, Except Versus Yen
Yen’s rally continues today on talks that BoJ could tweak the yield curve control again […]
WTI Oil Futures Retest 50-day SMA
WTI oil futures (February delivery) have been trending downwards since June but managed to regain some ground […]
Earnings to Spoil the Party?
It’s been another lively week in financial markets and one in which investors have become […]
NIESR expects 0.1% UK GDP growth in Q4, Q1 risk on the downside
After today’s UK GDP release, NIESR forecasts that GDP in December will fall relative to […]