Collapse of the Carry Doesn’t Reach the S&P 500, Can EURUSD Fulfill Its Own Reversal?
One of the FX market’s favorite measures of risk trends, the Yen-driven carry trade, suffered […]
FTSE 100, DAX 40 and Dow Jones Industrial Average Reversing into Large Ranges
The surprise tightening of monetary policy from the Bank of Japan caused a shake up […]
AUD/USD Slides After Dovish RBA Minutes
The Australian dollar has posted sharp losses on Tuesday. AUD/USD is trading at 0.6647 in […]
Yen Maintains Post-BoJ Gains, Dollar Ready for a Bounce?
Yen remains the biggest winner of the day, and maintains most gains in early US […]
Canadian Dollar Eyes Retail Sales
USD/CAD has edged lower on Tuesday. In the European session, USD/CAD is at 1.3626, down […]
Bank of Japan surprise – another sign of a global dollar reversal
The Bank of Japan made a surprise move on Tuesday morning, extending the permissible yield […]
AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Feb 08, 2022 when AUD/JPY traded near 82.54.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Sep 26, 2022 when GBP/JPY traded near 154.66.
Traders are further net-long than yesterday and last week, and the combination of current sentiment […]
BoJ Tweaks YCC – Global Bond Market Takes a Hit
Bank of Japan (BoJ) surprised the market this morning by raising the upper band on […]
USD/JPY Outlook: Yen Surges after BOJ’s Surprise Decision
The USDJPY was sharply lower in Asian / early European session on Tuesday (down around […]
USD/JPY Rockets after BoJ Shocker
The Japanese yen has sent the dollar tumbling on Tuesday. USD/JPY has fallen 3.26% and […]
Canada retail sales rose 1.4% mom in Oct, but volume was unchanged
Canada retail sales rose 1.4% mom to CAD 62.0B in October, below expectation of 1.5% […]