Forex Markets Lack Clear Theme; Yen Rebounds Briefly, EUR/GBP Resumes Downtrend
Identifying a singular driving theme proves challenging In today’s forex market. Japanese Yen made an […]
EURJPY Re-enters Its Bullish Channel
EURJPY bounces back after 200-day SMA prevents decline Rejoins its bullish setup in place since summer […]
Currencies Consolidate Awaiting Bank of Canada and ECB Verdicts
The last full trading week of January is highly saturated with important fundamentals. This morning, […]
JPY: Bulls Eagerly Await the BOJ’s Move
The yen has experienced significant fluctuations in recent weeks, initially gaining ground against the weakening […]
ECB Meeting: Summer Rate Cut in Focus Amid Pushback by the Hawks
ECB faces a communication challenge in first meeting of the year Timing of rate cut […]
Focus Shifts to First Major Central Bank Gatherings of the Year
Markets The goldilocks outcome of January University on Michigan consumer confidence ended a week of […]
EUR/USD Could Restart Increase If It Clears This Resistance
Key Highlights EUR/USD declined below 1.0920 and tested the 1.0845 zone. A key bearish trend […]
Fin Min Suzuki Restarted Verbal Intervention
Markets US and European yields yesterday maintained Wednesday’s gains. Data were mostly ‘second tier’ but […]
EURUSD Finds Support at the 200-day SMA
EURUSD had been rangebound before sliding lower But the retreat ceases at the 200-day SMA Momentum […]
Markets Scaled Back Expectations for March Fed Rate Cut to About 50%
Markets Yesterday’s, the news flow unidirectionally supported recent central bankers’ mantra that there is no […]