EURJPY Plummets after BoJ Surprises, 200-day SMA Caps Losses
EURJPY had been on a steady short-term recovery before experiencing a massive decline on the […]
USDJPY Crashes on BoJ Surprise Tweak
USDJPY crashed to a four-month low of 132.26 in the wake of an unexpected hawkish […]
USD/JPY IG Client Sentiment: Our data shows traders are now at their most net-long USD/JPY since Dec 02 when USD/JPY traded near 134.32.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
Dow Jones 30 Seeks Support
The Dow Jones 30 falls as investors offload risk assets over the prospect of further […]
AUD/USD Tests Major Support
The Australian dollar slips as the RBA minutes hints at a possible pause in rate […]
EUR/USD Consolidates Gains
The euro found support after ECB officials pledged to keep raising interest rates. The pair […]
Crude Oil Eyeing Falling Wedge as Gold Prices May Reverse, Where to From Here?
Crude oil continues trading within a Falling Wedge chart pattern. Meanwhile, gold might be readying […]
BOJ Makes Surprise Change to YCC Policy
Market movers today Today, the German Producer Prices will be released for November. Consensus is […]
Yen Aggressively Stronger Following BOJ’s YCC Announcement
The BOJ (Bank of Japan) have increased their upper limit of their yield target to […]
US Dollar Benefits as BoJ Capitulates to Tighter Policy, Sinking Risk Assets
The US Dollar ascendency got back on track against most currencies except the Japanese Yen […]
USD/JPY IG Client Sentiment: Our data shows traders are now net-long USD/JPY for the first time since Dec 05, 2022 when USD/JPY traded near 136.57.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
BoJ Kuroda: Yield cap raised to correction distortions in yield curve
BoJ Governor Haruhiko Kuroda said in the post meeting press conference, “Overseas market volatility has […]