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Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/JPY-bullish contrarian trading bias.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bearish contrarian trading bias.

Earnings from the big technology companies may have boosted US equity indices but the bar for further gains is rising ahead of the US FOMC meeting next week. That said,…

Gold prices were subdued on Friday, but market moves were limited, with many traders sitting on the sidelines and avoiding taking large directional positions ahead of major events next week

Core inflationary pressures in the US remain elevated, while headline inflation continues to fall. While the latter will please the Fed, it may not be enough to stop US rates…

USD/JPY is facing some technical challenges following a 250-odd pip rally. Time for a retracement or bullish continuation?

The German economy failed to grow in the first quarter of 2023 but also narrowly avoided a contraction, Euro Area registered a minor gain. Euro and DAX head lower

AUD/USD is on the backfoot this morning after housing credit remained subdued. The Aussie dollar now looks ahead to US core PCE and consumer sentiment for guidance.

The Japanese yen fell after the BOJ left ultra-loose policy settings unchanged, especially the closely watched YCC policy but removed its forward guidance that pledged to keep interest rates at…

Amazon’s financial results beat expectations, with both EPS and revenue clocking in above estimates. Shares of the e-commerce company soar after the earnings announcement.