Yesterday, the Nasdaq Composite opened lower following a selloff caused by surprisingly high Core PCE data in the US Q1 GDP report. The market started […]
AUDUSD Technical AnalysisAUDUSD 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 […]
Equities hold the optimism, counting down to US data laterEquities hold the optimism, counting down to US data later
The Japanese yen might have stolen the focus during the session but it’s time to forget about that for a while. The US PCE price […]
USDCAD Technical Analysis – Getting close to a key support zoneUSDCAD Technical Analysis – Getting close to a key support zone
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 […]
BOJ governor Ueda: Underlying inflation has been gradually risingBOJ governor Ueda: Underlying inflation has been gradually rising
Inflation is not necessarily weak if you look at other service pricesIf prices move in line with our forecasts, it would be reasonable to adjust […]
AUD/USD hopes to keep technical break higher ahead of US PCE price data laterAUD/USD hopes to keep technical break higher ahead of US PCE price data later
It’s a case of data mismatch for the aussie and the greenback this week. The former saw stickier inflation numbers here while the latter saw […]
Eurozone March M3 money supply +0.9% vs +0.6% y/y expectedEurozone March M3 money supply +0.9% vs +0.6% y/y expected
Prior +0.4% This article was written by Justin Low at www.forexlive.com.
SNB’s Jordan says central bank has been successful in fighting inflationSNB’s Jordan says central bank has been successful in fighting inflation
Uncertainty remains elevated, shocks can occur at any timeWill monitor inflation closely and adjust policy again when necessaryDemands by critics for SNB to broaden mandate […]
USD/JPY hits the skids in fall to 155.00USD/JPY hits the skids in fall to 155.00
A first taste of intervention play by Tokyo perhaps? The pair is being quickly bought up though as the volatility swing sees it back up […]
Japanese yen surge being very quickly fadedJapanese yen surge being very quickly faded
The volatility swing is in full action for the Japanese yen right now. USD/JPY saw a very quick drop from around 156.60 to 155.00 before […]