GBP/USD Pair Now Consolidating Near 1.2280
The British Pound started a fresh increase above the 1.2220 resistance zone against the US […]
EUR/USD’s Upside Turned More Limited
Markets Bond yields on both sides of the Atlantic rose a few basis points before […]
BoJ Kuroda: We don’t need to further expand the band around yield target
At the post meeting press conference, BoJ Governor Haruhiko Kuroda said, “We don’t need to […]
UK CPI slowed to 10.5% yoy in Dec, core CPI unchanged at 6.3% yoy
UK CPI rose 0.4% mom in December, matched expectations. In the 12 months, CPI slowed […]
Not for the First Time, the BOJ Spite the Hype
At their January 2023 meeting, the BOJ: Held interest rates at -0.1% Maintained a target […]
Holy Bank of Japan
The Bank of Japan (BoJ) kept its below-zero interest rate and its faltering yield curve […]
Bank of Japan Keeps a Steady Hand
Market movers today Today’s focus will be on hard data from the US as we […]
EUR/GBP IG Client Sentiment: Our data shows traders are now net-long EUR/GBP for the first time since Dec 15, 2022 when EUR/GBP traded near 0.87.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
Gold and Silver Technical Outlook: Brighter Days Ahead?
Gold’s ascent to a nine-month high is a sign that the short-term fortunes have turned […]
BoJ keeps yield cap unchanged, downgrades growth forecast
BoJ kept the yield curve control unchanged today, disappointing some who bet for a tweak. […]
Fed Barkin: You just can’t declare victory too soon
Richmond Fed President Thomas Barkin told Fox Business yesterday that recent inflation reports have been […]
ECB Villeroy: Lagarde’s 50bps guidance still valid
ECB Governing Council member Francois Villeroy de Galhau said “we will have good news on […]