Japanese Yen Technical Analysis: USD/JPY, CHF/JPY. Where Next After Multi-Year Peaks?
The Japanese Yen weakened to lows not seen for several years against the US Dollar and the Swiss Franc but has since recovered. Will JPY resume depreciating?
Nikkei 225 and Hang Seng Index in Cautious Mood After a Choppy US Session
The Nasdaq 100 dropped as much as 2.7% before paring losses on Monday, holding above a key support level. The 10-year Treasury yield retreated to 1.76%. Asia-Pacific markets look set…
AUD/USD at Key Level as Australian Retail Sales and Trade Balance Nears
AUD/USD faces a key price level as Australia readies to release trade and retail sales data amid surging Omicron cases. Meanwhile, traders remain cautious ahead of US and Chinese inflation…
USD/CAD Rate Vulnerable After Snapping January Opening Range
Failure to defend the opening range for January raises the scope for a further decline in USD/CAD as the exchange rate carves a series of lower highs and lows.
Nasdaq 100 Erases 2% Decline to Close in Positive Territory, Fed Chair Jerome Powell Testimony Eyed
The Nasdaq 100 Index recovered from an early 2% decline to finish in the green as markets turn to Fed Chair Powell testimony on Tuesday.
Dow Jones Dips as Fed Jitters Unnerve Markets, US CPI Eyed for Trend Hints
U.S. stocks were subdued on Monday amid rising U.S. Treasury yields, but finished the day off their lows as dip buyers emerged to blunt the sharp pullback.
AUD/USD Weakness to Persist on Failure to Defend Monthly Range
The reversal from the December high (0.7278) may gather pace if AUD/USD fails to defend the opening range for January.
FX Week Ahead – Top 5 Events: Fed Chair Testimony; China CPI, Loans; US Inflation Rate; US Retail Sales; UK GDP
The turn into the middle of January brings forth a US-centric docket of economic data and events.
EUR/USD Technical Analysis: Ascending Triangle, but the Range Remains
EUR/USD remains in an extremely tight range, but an ascending triangle has developed inside of the past two months of price action.
Households Upbeat on Jobs, Earnings and Expenses in 2022 – Fed Survey
In the lead up to this weeks CPI print, the NY Fed’s December consumer survey sees positive labor sentiment but higher expected household costs, inflation flat