USD/JPY Nosedives and At Risk of More Downsides
Key Highlights USD/JPY started a fresh decline from the 134.80 resistance. It traded below a […]
Natural Gas (NG): A Look at Elliott Wave Decline and Target Area
Natural Gas (NG) has lost over 63% in value since the peak in August 2022. […]
Yen Gaining on Speculation of BoJ Action Next Week
Yen pairs are having another large sell-off today as speculation runs rampant that the BoJ […]
US December CPI Drops to 6.5% YoY; Lowest Level Since October 2021
It seems like the market has been waiting all week for the US December CPI […]
Dollar Breaks But S&P 500 Can’t Overcome 200-Day Average After CPI, Bank Earnings Ahead
US inflation continued its slide back towards earth, but the market struggled to muster a […]
Gold Prices Break Higher After US CPI Sank US Dollar, Where to for XAU/USD?
Gold prices roared higher after an in-line US CPI report sank the US Dollar and […]
USDJPY, GBPJPY, AUDJPY Drop as Japanese Yields Swell
In the rush of volatility surrounding the US CPI build up and impact, the headline […]
Nasdaq100 Tests Crucial Levels
US inflation data promises to directly impact Fed policy, to which the Nasdaq100 is the […]
German GDP, Spanish CPI and Can Europe Avoid a Recession?
Goldman Sachs has been one of the recent major banks to upgrade its expectations for […]
USD/JPY IG Client Sentiment: Our data shows traders are now net-long USD/JPY for the first time since Jan 04, 2023 15:00 GMT when USD/JPY traded near 132.24.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
US: Inflation Continues to Ease in December, Auguring for a Slower Pace of Rate Hikes
The Consumer Price Index fell 0.1% month-on-month (m/m) in December, slightly below expectations calling for […]
GBP/USD Drifting, UK GDP Next
The British pound is drifting for a third straight day. In the European session, GBP/USD […]