GBPJPY Bounces to 14-Year High; Eyes on 201 Resistance
GBPJPY unlocks a new high after the Bank of Japan defies expectations of reduced bond […]
GBPJPY bBounces to 14-Year High; Eyes on 201 Resistance
GBPJPY unlocks a new high after the Bank of Japan defies expectations of reduced bond […]
USD/JPY Nearing April JPY-Intervention Levels in Wake of BoJ
Markets Core bond yields stumbled yesterday. US yields dropped between 5.5 (2-yr) and 7.8 bps […]
Dollar Falls After Inflation Data: Is a Change in Medium-Term Trends on the Horizon?
The second consecutive decline in the US core consumer price index caused a sharp drop […]
Dollar Pared Some of Sharp Losses in Wake of Fed
Markets The Fed kept the policy rate unchanged at 5.25-5.5% yesterday. The expected decision was […]
Fantastic, Then
The Federal Reserve’s (Fed) dot plot plotted one rate cut for 2024, down from three […]
GBP/USD: Cable Remains Constructive Despite Weak UK GDP Numbers, All Eyes on US CPI/Fed
Cable ticked higher in European trading on Wednesday, showing no significant reaction on overall negative […]
EURGBP Prints New 22-Month Low
EURGBP continues to fall after bearish gap Price shifts neutral outlook to negative MACD and […]
Alarming UK Labour Market Data
Unexpected weakness in the UK labour market could signal an important turnaround in the economy […]
GBP/USD Shrugs as UK Unemployment Rises, GDP Next
The British pound is drifting on Tuesday. GBP/USD is trading at 1.2720 in the European […]
GBPUSD Retreats from Almost 3-month High
GBPUSD advances to its highest level since March 13 But then reverses lower as rally got overstretched […]
ECB’s Lagarde Clearly Stated One Should Not Expect Rate Cuts at Predetermined Pace
Markets It’s telling that core bonds do not gain when markets are in risk-off. German […]