The USDCHF made on low on Tuesday against its rising 100 bar moving average on the four hour chart. Today, the low price today also […]
US March PCE core inflation 2.8% YoY versus 2.7% expectedUS March PCE core inflation 2.8% YoY versus 2.7% expected
Prior 2.8% (unrevised to 2.8%)PCE Core YoY 2.8% vs 2.7% estimatePCE Core MoM 0.3% vs 0.3% estimate. Prior MoM +0.3% unrevised to 0.3%Headline PCE 2.7% […]
Weekly Market Recap (22-26 April)Weekly Market Recap (22-26 April)
Monday The PBoC left the LPR rates unchanged as expected: 1-year LPR 3.45%.5-year LPR 3.95%. The SNB raised the minimum Reserve Requirement Ratio (RRR) from […]
Kickstart the FX trading day for April 26 w/ a technical look at EURUSD, USDJPY and GBPUSDKickstart the FX trading day for April 26 w/ a technical look at EURUSD, USDJPY and GBPUSD
The US core PCE data came out a little more tame than what was probably feared by the market. US yields are below are a […]
SNB says climate change is a matter for politics, not central banksSNB says climate change is a matter for politics, not central banks
SNB chairman, Thomas Jordan, says that they do take climate change very seriously but notes that: “We should not give the impression that we can […]
ForexLive European FX news wrap: Japanese yen volatility ramps up after Ueda presserForexLive European FX news wrap: Japanese yen volatility ramps up after Ueda presser
Headlines: USD/JPY returns to the highs for the day after flash in the pan dropUSD/JPY hits the skids in fall to 155.00USD/JPY ramps higher as […]
The AUD is the strongest and the JPY is the weakest as the NA session beginsThe AUD is the strongest and the JPY is the weakest as the NA session begins
As the North American session begins, the AUD is the strongest and the JPY is the weakest. The JPY is lower across all the major […]
GBP/USD Outlook: Dollar Slides on Disappointing GDP FiguresGBP/USD Outlook: Dollar Slides on Disappointing GDP Figures
Wednesday’s data revealed weaker US economic growth in the first quarter. A measure of US core personal consumption expenditures jumped by 3.7%. Investors are cautious […]
USD/JPY Price Analysis: BoJ’s Inaction Weakens YenUSD/JPY Price Analysis: BoJ’s Inaction Weakens Yen
On Friday, the BoJ held rates as expected, lending room to the USD/JPY price. Traders panicked when the yen suddenly jumped for no apparent reason. […]
USD/JPY returns to the highs for the day after flash in the pan dropUSD/JPY returns to the highs for the day after flash in the pan drop
If anything else, it shows that: 1) The drop earlier wasn’t likely any intervention check or otherwise from Tokyo. I mean, the timing of the […]