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 recession
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 recession
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.
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
Gold is opening the week on the front foot and continuing last week’s rally. Price action may be limited today however with US markets closed for the Presidents’ Day holiday.
Inflation in the US remains sticky at both producer and consumer level but US indices are seemingly ignoring these price pressures and remain near recent multi-year highs.
This article scrutinizes the technical outlook for three major U.S. dollar pairs: EUR/USD, USD/JPY, and USD/CAD. Within the piece, we assess market sentiment and examine essential price levels that traders should have on their radar in the upcoming days.
This article explores the technical and fundamental outlook for USD/JPY in the aftermath of the January U.S. PPI report, discussing significant price thresholds that traders need to monitor over the next few days.
Gold is picking up a small bid around $2,000/oz. after mixed US economic data pushes the precious metal one way and then another
Indices have put the US CPI reading firmly behind time, with the Dax moving to a new record and the Dow targeting 39,000. Even the FTSE 100 is moving higher.
For NVIDIA to sustain its lofty share price, it's imperative that the company's results meet Wall Street's expectations.