Who’s the New BOJ Governor?
Overnight, there was considerable movement in the USDJPY with rampant press speculation over who would […]
Weekly Focus – Recession or Re-acceleration?
Following a period where the discussion was not about if we would have a recession […]
Stocks Extend Losses as Recession Fears Rise
US futures Dow futures -0.3% at 33604 S&P futures -0.49% at 4060 Nasdaq futures -0.78% […]
Canada employment grew 150k in Jan, unemployment rate unchanged at 5%
Canada employment grew strongly by 150k, or 0.8% mom, in January, well above expectation of […]
Forex Friday: Risk Off
Welcome to another edition of Forex Friday, a weekly report in which we discuss selected […]
ETHUSD Breaks Upward Sloping Trendline
ETHUSD is moving sideways today following yesterday’s sizeable loss. It broke the January 4 upward […]
EUR/USD: Bears Look for Fresh Extension after Recovery Attempts Repeatedly Rejected
The Euro returned to weakness on Friday, signaling that brief consolidation might be over and […]
EUR/GBP IG Client Sentiment: Our data shows traders are now net-long EUR/GBP for the first time since Jan 30, 2023 when EUR/GBP traded near 0.88.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
Yen up and down on BoJ governor candidate news
Yen jumped earlier today on reports that Prime Minister Fumio Kishida is going to make […]
ECB Vujcic: Likely to see more rate action beyond March
ECB Governing Council member Boris Vujcic, Croatian central bank Governor, said, “we are likely to […]
USDCAD’s Upside Could be Tested
USDCAD has been on the sidelines this week, constrained between the familiar 1.3450 resistance and […]
ECB Schnabel: Rates must reach a sufficiently restrictive level
ECB Executive Board member Isabel Schnabel said in Twitter Q&A, “further rate hikes will help […]