Forex Markets Lack Clear Theme; Yen Rebounds Briefly, EUR/GBP Resumes Downtrend
Identifying a singular driving theme proves challenging In today’s forex market. Japanese Yen made an […]
Tranquil Opening to a Data-Heavy Week: Major Data from US, UK, Japan Featured
The forex markets commenced the week on a relatively quiet note, despite generally positive risk […]
Lackluster Trading in Forex as Economic Data Fails to Stir Major Movements
Currency trading today remained lackluster, characterized by limited movements across major pairs and crosses. Key […]
Yen Dips on Dovish BoJ, Aussie Gains on China Optimism
Yen falls broadly in Asian session today, influenced by the dovish sentiments expressed BoJ’s Summary […]
Canadian CPI Boosts Loonie, Yet Overshadowed by Sterling’s Strength
Canadian Dollar jumps against US Dollar in early US session. The move is primarily attributed […]
Yen Traders Exercise Caution Ahead of BoJ
Japanese Yen is extending its broad-based pullback today. This movement appears to be a strategic […]
Dollar Rebounds on New York Fed President’s Remarks, Euro and Sterling Soften after PMIs
Dollar is having a notable rebound in early US trading session, buoyed by comments from […]
Sterling and Euro Surge as BoE and ECB Hold Rates, Contrast Fed’s Dovish Stance
Sterling and Euro jumped sharply following the decisions by BoE and ECB to leave interest […]
Dollar Fluctuates After US CPI, Decisive Moves Pending
In the aftermath of US CPI release, the forex markets are staying in a state […]
Yen Dominates with Strong Rally, USD/JPY Enters Bearish Trend Reversal
Yen is trading as the runaway leader in today’s market, dominating traders’ focus. This rally […]
China’s CPI fell to -0.5% yoy in Nov, deepening deflation
Released over the weekend, China’s economic data revealed a concerning trend as CPI plunged further […]