Prior 87.8; revised to 87.9Current conditions 88.9 vs 88.7 expectedPrior 88.1; revised to Expectations 89.9 vs 88.7 expectedPrior 87.5; revised to 87.7 It is beats […]
USD/JPY but a whisker away from the pivotal 155 markUSD/JPY but a whisker away from the pivotal 155 mark
The pair is up to a high of 154.94 and is holding thereabouts ahead of European trading. Japanese officials are surely keeping a close watch […]
FX traders have got their popcorn bags outFX traders have got their popcorn bags out
Will Japan intervene or won’t they? It’s definitely not ideal as we look towards European trading, where liquidity conditions will start to pick up. And […]
European indices hold slightly higher to kick start the sessionEuropean indices hold slightly higher to kick start the session
Eurostoxx +0.1%Germany DAX +0.2%France CAC 40 flatUK FTSE +0.4%Spain IBEX flatItaly FTSE MIB +0.5% US futures have also seen gains cool a little, with S&P […]
EURUSD Technical AnalysisEURUSD Technical Analysis
USD The Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. The Dot Plot still showed […]
ECB’s Nagel: June rate cut not necessarily followed up by a series of rate cutsECB’s Nagel: June rate cut not necessarily followed up by a series of rate cuts
Services inflation remains high, driven by continued strong wage growthNot fully convinced that inflation will actually return to target in a timely, sustained mannerGiven the […]
FX option expiries for 24 April 10am New York cutFX option expiries for 24 April 10am New York cut
There is just one to take note of, as highlighted in bold. That being for EUR/USD at the 1.0700 mark. The pair is being resisted […]
USDCHF Technical AnalysisUSDCHF Technical Analysis
USD The Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. The Dot Plot still showed […]
Eurostoxx futures +0.5% in early European tradingEurostoxx futures +0.5% in early European trading
German DAX futures +0.5%UK FTSE futures +0.6% This mirrors the mood in US futures as well, with S&P 500 futures now up 0.4%. It follows […]
Aussie bounce runs into key level on the chart, what’s next?Aussie bounce runs into key level on the chart, what’s next?
After the softer US PMI data yesterday, it is keeping the Fed outlook more interesting. The dollar fell as traders might have to consider at […]