USD/JPY: YEN TO KEEP FALLING UNLESS BOJ REVIEWS YCC SETTINGS – GOLDMAN SACHS Analysts at Goldman Sachs believe that the decline in the Japanese yen is likely to continue amid a dovish Bank of Japan (BOJ), adding that any...
USD/JPY: YEN TO KEEP FALLING UNLESS BOJ REVIEWS YCC SETTINGS – GOLDMAN SACHS Analysts at Goldman Sachs believe that the decline in the Japanese yen is likely to continue amid a dovish Bank of Japan (BOJ), adding that any...
AUD/USD LOOKS TO RECLAIM DAY’S HIGH AT 0.7140, US CORE PCE EYED AUD/USD is marching higher to recapture day’s high, focusing on US Core PCE for further guidance. The Fed is all set to push rates higher by 50 bps next...
EUR/USD PRICE ANALYSIS: BEARS TAKE A BREATHER INSIDE WEEKLY FALLING CHANNEL, 1.0550 IN FOCUS EUR/USD recovers from five-year high but stays inside bearish chart pattern. 50-HMA, bearish MACD signals add strength to the downside bias. Oversold RSI on D1...
GBP/USD BULLS STEP IN AT MULTI YEAR LOWS GBP/USD bulls move in at multi-year lows as month-end consolidation takes place. Sterling has come under pressure as BoE expectations have eased and US dollar rallies to 20-year highs. GBP/USD is...
ASIAN STOCK MARKET: TRACKS WALL STREET GAINS DURING THE WORST MONTHLY PERFORMANCE SINCE 2020 Asia-Pacific shares print mild gains amid mixed clues during mostly quiet session. Markets in Japan observe Showa Day Holiday, China will also have multiple offs...
USDJPY SPIKES TO MULTI-DECADE HIGH AFTER BOJ DECISION The Japanese yen crashed to the lowest level in more than 20 years as investors reacted to the latest interest rate decision by the Bank of Japan. The bank decided to...
EURUSD CRASH CONTINUES AHEAD OF US GDP DATA American stocks rose on Wednesday as the earnings season continued. The Dow Jones index rose by 326 points while the Nasdaq 100 and S&P 500 rose by more than 1%. Companies...
USD/JPY SPIKES ABOVE 129.50 AS BOJ KEEPS INTEREST RATES UNCHANGED AT -0.1% USD/JPY shoots to near 129.54 on a neutral stance dictated by the BOJ in its monetary policy meeting. The decision is in-line with the market expectations as inflation...
EUR/JPY RALLIES TOWARDS 137.00 AS BOJ STICKS WITH LOOSE MONETARY POLICY EUR/JPY recaptures 136.00 and beyond on BOJ’s inaction. BOJ reaffirms loose monetary policy, yen bulls thrown out of the window. Focus shifts to BOJ’s Kuroda’s pressure and German...
AUD/JPY BULLS STEP-IT-UP AS THE YEN IS DUMPED TOWARDS 130 USD/JPY ON DOVISH BOJ Yen is hit hard n the back of a uber dovish BoJ. AUD/JPY rockets but there is daily resistance on the horizon. The yen has...