USD/JPY: Dollar Losing Traction But More Signals Needed to Spark Deeper Drop
The USDJPY edged lower in early Thursday but remains within 130.50/132.90 range which extends into […]
EURJPY Lacks Direction as Near-Term Outlook Turns Neutral Again
EURJPY has found a strong resistance level near the 23.6% Fibonacci retracement level of the up leg […]
USDJPY Jumps Above a Downtrend Line
USDJPY shot up on Friday following the robust US employment report and opened with a […]
Dollar Extends Rally
The US dollar continued where it left off on Friday when it surged higher after […]
USD/JPY: Bulls Hold Grip for Stronger Recovery But More Evidence Needed to Confirm the Stance
The USDJPY is standing at the front foot, following last Friday’s nearly 2% daily advance […]
Red Hot US Labour Market Report
Market movers today After a very busy week, this week should be much slower, at […]
GBPJPY Declines Sharply on Dovish BoE Remarks
GBPJPY has been losing ground since early November when it posted a fresh seven-year high of […]
ECB Hikes 50bps, As Expected. Another 50bps Hike to Come in March
The ECB hiked interest rates by 50bps to bring the refining operations rate to 3.00%, […]
European Currencies Ahead of the Banks’ Statements
Information is not investment advice The Backstory On Thursday, the 2nd of February, the Bank […]
How Important Will Friday’s NFP Report Be for the Dollar?
The first US nonfarm payrolls report for 2023 will be published on Friday at 13:30 […]
USD/JPY extend rebound on BoJ Amamiya rumor, more upside ahead
Yen tumbles broadly today after Nikkei newspaper reported, quoting unnamed source that current BoJ Deputy […]