GBPUSD Battles with 200-Dday SMA as Pullback Extends
GBPUSD has been edging higher after finding its feet at the all-time low of 1.0324 in […]
USDJPY Rises, But Outlook Still Cloudy
USDJPY is set for another green day, being halfway below last week’s pre-crash levels at […]
Dow Jones 30 Stays in Range
The Dow Jones treads water as thinning liquidity and few economic data keep investors at […]
USD/JPY Recoups Losses
The US dollar regained some lost ground on the back of rising Treasury yields. The […]
Chinese Reopening Story is Not All Rosy
Yesterday, Russia finally responded to the EU’s price cap on its oil exports, saying that […]
USD/CAD Breaks Key Support, Risk of More Downsides
Key Highlights USD/CAD started a fresh decline from the 1.3685 zone. It traded below a […]
BoJ Opinions: Expansion of 10-yr yield fluctuations enhances sustainability of YCC
In the Summary of Opinions at BoJ’s December 19-20 meeting, several members noted that Japan […]
Japan industrial production down -0.1% mom in Nov, output weakening
Japan industrial production declined -0.1% mom in November, better than expectation of -0.2% mom. But […]
Tesla Market Cap Plunges 72% Since 2021 Peak, Nasdaq 100 Sinks on Fed Woes
Tesla’s market capitalization plunged 72% since last year’s peak, which means it no longer towers […]
Risk On or Risk Off in 2023: Looking to the Nasdaq – Dow Ratio
While most traders are focusing in on a single asset or perhaps market heading into […]
US 10-year yield rebounds with USD/JPY
US 10-year yield rose notably overnight, ending up 0.109 at 3.860. The rally was believed […]