Recession Concerns Eclipsed a Week Laden with Key Event; Aussie Bear the Brunt
A cloud of recession fears dominated a week full of significant events, with disappointing PMI […]
USD/JPY Rallies, Japanese Inflation Remains Above Target
USD/JPY climbs above 143 Japan’s core CPI remains above 3% The Japanese yen has stabilized […]
GBPJPY Rally Continues Unabated for Now
GBPJPY bulls continue to pursue higher highs as they are currently trying to stage a […]
USD/JPY Surged to a 7-month High But Fundamentals Diverge
USD/JPY rallied by 100 pips and broke above 142.50 resistance in yesterday’s NY session. Japan’s […]
Dollar Shows First Signs of a Bottoming
Markets Focus turned to the Bank of England (+50 bps to 5%), the Norges Bank […]
USD/JPY Extends Rally As The Bulls Aim 144.00
Key Highlights USD/JPY started a fresh increase above the 142.00 resistance. A key bullish trend […]
As Yen Collapses, How Likely is FX Intervention?
With the yen breaking down lately, Japanese authorities have stepped up their warnings about FX […]
USD/JPY Needs Break of Key Fibo Barrier
USD/JPY remains supported by favorable fundamentals but needs break of key Fibo barrier to resume […]
Multiple Central Banks Decide on Monetary Policy
Markets (Much) higher than expected May UK inflation temporarily sent trembles through global bond markets […]
How Can BoE Monetary Policy Statement affect the GBP?
In May, against expectations of a slowdown, inflation stubbornly held at 8.7%, creating additional pressure […]
USDJPY Stalls after Testing November 2022 Peak
USDJPY has been trading within an upward sloping channel since mid-March, crossing above crucial technical levels […]
Japanese Finance Minister speaks out amid rapid Yen depreciation
As Yen continues to face intense selling pressure, Japanese Finance Minister Shunichi Suzuki reiterated the […]