EURJPY Takes a Swift Upturn, But Risks Remain
EURJPY drifted higher after stepping on the key support trendline that comes from the March […]
Dollar Caught a Break Thanks to Yield Support and Risk-off Setting
Markets “All” it took for US investors to digest Friday’s strong payrolls was a weekend […]
Fed Hawks Are, Of Course, Back
Stocks fell and the US dollar strengthened on Monday. One of the reasons that could […]
FX Year Ahead 2023: Recessions and Trend Reversals
The US dollar steamrolled every other major currency this year, capitalizing on a perfect storm […]
Forex and Cryptocurrencies Forecast
EUR/USD: Focus on the US Labor Market The DXY dollar index is down 5% over […]
Non-farm Payrolls Stronger than Expected. Does that Change the Fed’s Plan?
A month ago, expectations were for an October Non-Farm Payrolls print of 200,000. The actual […]
GBPJPY Crosses Below 50-day SMA as Bearish Bias Strengthens
GBPJPY has experienced a steep uptrend since late September, with the price gaining almost 15% and […]
CAD/JPY Struggles for Bids
The Japanese yen rallied after BoJ officials hinted at a potential exit of QE. On […]
Markets Recently Gave Much More Weight to Softer Data
Markets Yesterday, the post-Powell bond rally simply continued as markets read US data as supporting […]
USD/JPY Tumbles Below 138, US NFP Report Next
Key Highlights USD/JPY declined sharply and traded below the 138.00 support. A crucial bearish trend […]