USD/JPY catapulted higher on Thursday as Treasury yields climbed and exacerbated Yen weakness. The US Dollar now looks to the upcoming release of PCE inflation data for direction.
Volumes across the Federal Reserve’s open markets desk suggest that excess liquidity is being drained from financial markets. Is this the start of the taper?
After surging to its highest level since January earlier this week, gold suffered a slight pullback at resistance around $1,920. Alongside technical barriers, a slight rise in Treasury yields may…
Crypto cooled after a massive sell-off, but now that coins are recovering, Ethereum is showing greater strength than Bitcoin. Might this be a sign of what's to come?
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bullish contrarian trading bias.
The Canadian Dollar rally has stalled with USD/CAD in consolidation just above critical technical support. Here are the levels that matter on the Loonie charts.