Japanese Yen Steady ahead of Tokyo CPI
Tokyo CPI expected to rise Inflation has been on the rise in Japan and the […]
AUD/USD: Aussie Hits 5-month High vs US Dollar, Boosted by Hot Australian Inflation
The AUDUSD hit new 5-month high on Thursday, following strong bullish acceleration on Wednesday, sparked […]
EUR/USD: Bulls May Take Some Time to Eventually Break Through Pivotal Barriers at 1.0930/42
The Euro maintains firm tone and continues to pressure pivotal barriers at 1.0930/42 (top of […]
German EM Habeck: We have broken the inflation trend
German Economy Minister Robert Habeck told Bundestag that inflation will remain high at the beginning of […]
ECB Preview – Set for Another 50bp Rate Hike
For next week’s ECB meeting, another 50bp rate hike has been well telegraphed and fully […]
USDJPY trapped within bearish area; support at 129
USDJPY faced another rejection at the topline of the four-month-old downward-sloping channel near 131.11, increasing speculation […]
WTI Oil Futures Consolidate Above 50-day SMA
WTI oil futures (March delivery) have been stuck in a prolonged downtrend since June, generating a fresh […]
Can US Data Bring Back Risk Appetite
But corporate reports were providing investors with plenty of reason to pause. Microsoft was one […]
Goldilocks Scenario Might Sustain ST Resilience of Equities, Soft Yields and Weaker Dollar
Markets Eco data were few yesterday and the outcome only gave limited directional guidance for […]
US Oil Consolidates Gains
WTI crude treads water as US crude inventories show a smaller buildup. The price action […]
EUR/AUD Sinks Further
The Australian dollar climbed after Q4 inflation came in hotter-than-expected. On the daily chart, the […]
IMF proposes options for BoJ to allow further flexibility and increases in long-term yields
IMF said in a statement that “accommodative monetary policy stance remains appropriate” for BoJ. But […]