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USD/JPY Breaches ‘Line in the Sand’ Ahead of BoJ Meeting

Posted by By 25/04/2024Posted inForex
The yen continues to depreciate, adding pressure to Japanese authorities to respond. Will recent wage growth and yen weakness bring the inflation target within reach?
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Euro Outlook – EUR/USD and EUR/GBP Technical Analysis and Sentiment Latest

Posted by By 24/04/2024Posted inForex
The Euro has been buffeted over the last few sessions against the US dollar, while EUR/GBP has jumped on recent Sterling weakness.
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AUD Rises as Aussie Inflation Exceeds Expectations, Erasing Rate Cut Hopes

Posted by By 24/04/2024Posted inForex
Australian inflation dropped at a slower pace than anticipated, wiping out any lingering indication of rate cuts this year. Improved risk sentiment supports AUD
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Japanese Yen Lower Again, USDJPY Market Weighs Intervention Chances

Posted by By 24/04/2024Posted inForex
With the Yen at multi-decade lows, and commentary out of Tokyo suggesting enough is nearly enough, this is not a market to look away from now.
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Rallies in FTSE 100, DAX 40 and Dow Have Further to Go

Posted by By 24/04/2024Posted inForex
​​Outlook on FTSE 100, DAX 40 and Dow as investors pile back in to global stock markets.
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Risk Sentiment Remains Positive: Gold, VIX, Tesla Latest Outlooks

Posted by By 24/04/2024Posted inForex
Financial markets remain risk-on as positive sentiment continues to push prices higher.
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US Dollar Rattled by Weak PMIs, US GDP and Core PCE Remain this Week’s Key Drivers

Posted by By 23/04/2024Posted inForex
The dollar slipped in early US turnover as the latest S&P PMIs miss forecasts and last month’s numbers. Growth and inflation data and US Treasury auctions now on the horizon.
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EUR/USD Rises after Shock US PMI Highlights Demand Weakness

Posted by By 23/04/2024Posted inForex
EUR/USD received a much needed reprieve from USD dominance after flash PMI data for April highlighted potential concerns for the US. EUR/GBP surrenders recent gains
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British Pound Bounces At Downtrend Line, Still Pressured By Rate-Cut Expectations

Posted by By 23/04/2024Posted inForex
Sterling scored a little bounce against the Dollar, but monetary policy expectations will continue to make durable gains tough
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Gold’s Surge Halted as Risk Appetite Returns, US Economic Data in Focus

Posted by By 23/04/2024Posted inForex
The precious metal has lost around 5% of its value since last Friday as risk assets benefit from the current pause in the Israel-Iran conflict
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