Focus Turns to the PMIs
Market movers today The market highlight today will be the January PMI figures for the […]
Japanese Falls Below 130, BOJ Core CPI Next
The Japanese yen has edged lower on Monday. In the European session, USD/JPY is trading […]
USD/JPY: Bearish Trend Likely to Complete Near 127.55
USDJPY suggests that the formation of a global cycle impulse could have been completed not […]
Yen Down, Nikkei Up, Yield Curve Distortion Improved
BoJ and Davos were the major focuses of last week. Much volatility was seen in […]
GBPJPY Bounces Off Uptrend Line But Momentum is Weak
GBPJPY rebounded off the long-term ascending trend line and near the three-month low of 155.30. […]
BoJ Clearly Removed the Sting Out of the Normalization Debate
Markets The ECB took center stage yesterday. Several speeches from high-profile policymakers were due, including […]
ECB Holds the Course
Market movers today Data calendar for Friday is almost empty. We have only UK retail […]
Central Bank Warnings
It’s been a solid start to the year for equity markets but that optimism appears […]
With the Bank of Japan Sticking to its Ultrasoft Policy, JPY Looks Overbought
The Bank of Japan, which has not changed interest rates for the past six years […]
USD/JPY Gives Up Gains
The Japanese yen tumbled after the BoJ shattered hopes that it would wind down its […]
Won’t Be Easy for EUR/USD to Push Through Recent Highs
Markets The BoJ’s status quo set the tone for core bond yields right from the […]
USD/JPY at 126 Support with Wedge Formation
USDJPY came down at the end of 2022, breaking to even lower prices in the […]