Japanese Yen Takes Aim at 148
The Japanese yen is slightly higher on Thursday. In the European session, USD/JPY is trading […]
Uncomfortably Strong US Outlook
Eurozone services PMI were disappointing in August, yet the ISM services index printed its strongest […]
USD/JPY: Bulls Remain in Play Despite Intervention Fears
USD/JPY bulls are taking a breather after three-day rally which accelerated to new 2023 high […]
USDJPY Smashes Through Heavy Resistance
USDJPY finally snapped the 146.40 bar after a three week-long battle, stretching its uptrend towards the 147.70 […]
EUR/USD Nosedives While USD/JPY Surged Further
EUR/USD started a fresh decline from 1.0940. USD/JPY is rising and might climb further toward […]
Japan’s Verbal Intervention Offers Yen Some Respite
Markets The dollar caught all market attention yesterday. Surging against everything and everyone, the trade-weighted […]
USD/JPY Technical: Aroused FX Verbal Intervention, Watch 147.90 and 147.20 Intraday
USD/JPY has risen the most among the majors in the past month. The current swift […]
EURJPY Rebounds from 50-day SMA
EURJPY has been in a prolonged uptrend since the beginning of the year, posting a fresh […]
USDJPY Looking to Resume Higher in wave 5
Short term view in USDJPY suggests the rally from 7.14.2023 low is unfolding as a […]
EUR/USD Remains at Risk of Losing Trend Channel
Markets Friday’s payrolls report initially added to market conviction of the Fed’s tightening cycle having […]
Japan’s Kanda flags “high urgency” as Dollar bears 148 Yen
Japan’s Vice Minister of Finance for International Affairs, Masato Kanda, issued a strong warning as […]