BoJ Moves Closer to Dismantling Negative Interest Rates
The BoJ meeting revealed that progress towards the inflation target and rising wage expectations have necessitated policy tweaks ahead of a withdrawal from negative rates
The BoJ meeting revealed that progress towards the inflation target and rising wage expectations have necessitated policy tweaks ahead of a withdrawal from negative rates
After pulling back in recent sessions the Nikkei 225 has moved higher, while the Dow has reached trendline resistance and the Nasdaq 100 makes some tentative gains.
CAD prices look hesitant despite an aggressive tone shown via the BoC summary of deliberations last night. USD/CAD preps for Fed speak at key resistance level.
AUD/USD rallied strongly last week, clearing key resistance levels, but the breakout appears to have been a fakeout, as the move has led to a sharp bearish reversal.
US Indices have run into resistance but with a spate of earnings after market close can the rally continue?
Gold continued its struggle today as the $1950 support area beckons. Will the Bearish momentum continue?
In this article, we’ll focus on EUR/USD, USD/MXN and USD/CAD from a technical perspective, taking into account price action dynamics and market sentiment.
GBP prices softened as BoE Governor Bailey hinted at a possible peak in UK interest rates while markets keenly await Fed Chair Jerome Powell and other Fed speakers.
The current risk-on sentiment dominating a range of financial markets is adding to structural Yen weakness, leaving JPY at risk against a range of other currencies.
Oil hits 3-month low on rising inventory levels, global growth concerns and Chinese data that looked good on the surface but upon closer inspection is fraught with challenges