Japanese Yen Ticks Lower, FOMC Minutes, Japanese Trade In Focus
USD/JPY has stuck to narrowing ranges as November’s significant peaks come back into view
Euro (EUR) Price Latest – EUR/USD Testing Resistance, EUR/GBP Eyes Multi-Week High
The single currency is pushing ahead against a marginally weaker US dollar and British Pound, but further progress may prove difficult.
FTSE 100 Loses Upside Momentum while CAC 40, S&P 500 Consolidate Below Record Highs
Outlook on FTSE 100, CAC 40 and S&P 500 as earnings season is drawing to an end.
Sterling Update: GBP/USD Hanging on but Breakdown Threat Looms
Cable has struggled to remain within its broader trading range, attempting to forge a lower path but the key 200-day simple moving average has provided support for the pair
Euro Slips In Holiday Thinned Market, Looks Nervously to German PMI
With the US out for the Presidents’ Day holiday, the Euro failed to make back early lost ground.
Historic Rate Rise on Track Despite Recession, USD/JPY Contained
Market expectations still eye a potential rate hike from the Bank of Japan as soon as April and fully price one in by June. This is despite Japan dropping into…
British Pound Holds On Above $1.26, But Watch That Level Closely
Neither Pound or Dollar have a lot to look forward to in terms of tradable data points this week, which may leave the technical in charge.
AUD/USD Outlook: AUD Lifted as Chinese Trade Resumes, RBA Minutes Next
The Aussie dollar has enjoyed some good fortune over the last three trading days, buoyed by a positive resumption of trade in China after new year celebrations
FTSE 100 Probes Resistance while DAX and Nikkei Consolidate below Last Week’s Highs
Outlook on FTSE 100, DAX 40 and Nikkei 225 as earnings season is coming to an end and US markets are shut for President’s Day.
NZD/USD IG Client Sentiment: Our data shows traders are now net-short NZD/USD for the first time since Feb 12, 2024 09:00 GMT when NZD/USD traded near 0.61.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger NZD/USD-bullish contrarian trading bias.