Stocks Edge Higher ahead of ISM Non-Manufacturing Data
US futures Dow futures +0.17% at 33066 S&P futures +0.3% at 3990 Nasdaq futures +0.2% […]
Yen and Franc Recover as Benchmark Yields Retreat
Yen and Swiss Franc recovered today following pullback in benchmark US and European yields. Dollar […]
USD/JPY Outlook: Bulls Continue to Face Headwinds at Key Fibo Resistance
Bulls continues to face strong headwinds at key Fibo barrier at 136.66 (38.2% retracement of […]
USDCAD Loses Steam Within a Trading Range
USDCAD has been on the sidelines over the last four months as 1.3700 seems to […]
EUR/USD Pair Consolidating With Resistance Near 1.0615
The Euro started a fresh decline from the 1.0685 zone against the US Dollar. The […]
USD/JPY Bounces Back
The Japanese yen recouped some losses after a drop in the January unemployment rate. A […]
Market Focus Will be on US Services ISM
Markets EMU February CPI data logically summarized/confirmed evidence from national data. At 0.8% M/M and […]
Inflation, Central Bank Hawks, and China
The Eurozone’s flash CPI estimate looked as ugly as it smelled beforehand. Inflation in the […]
ECB Has a Lot More Hiking to Do
Market movers today Today we get service PMIs for a number of countries. After falling […]
USD/JPY Extends Rally, Services PMI’s Next
Key Highlights USD/JPY extended its increase above the 136.50 resistance. A major bullish trend line […]
USD/JPY Approaches 200-Day SMA While RSI Flirts With Overbought Zone
USD/JPY Outlook USD/JPY approaches the 200-Day SMA (137.28) as it trades to a fresh yearly […]
What to Trade in March
So far, the year 2023 has been eventful across several financial markets. As we step […]