As the North American session begins, the JPY is the strongest of the major currencies, while the USD is the weakest. The move lower in […]
Nasdaq Composite Technical Analysis
Last Friday, the Nasdaq Composite finished the day positive as the US PCE report came mostly in line with expectations. The market has already priced […]
Dow Jones Technical Analysis
Last Friday, the Dow Jones finished the day positive as the US PCE report came mostly in line with expectations. The market has already priced […]
Eurozone April final consumer confidence -14.7 vs -14.7 prelim
Economic confidence 95.6 vs 96.7 expectedPrior 96.3Industrial confidence -10.5 vs -8.5 expectedPrior -8.8Services confidence 6.0 vs 6.5 expectedPrior 6.3 Economic sentiment in the euro area […]
Bavaria April CPI +2.5% vs + 2.3% y/y prior
Hesse CPI +1.9% vs +1.6% y/y priorNorth Rhine Westphalia CPI +2.3% vs +2.3% y/y priorSaxony CPI +2.7% vs +2.5% y/y priorBrandenburg CPI +3.0% vs +2.8% […]
USD/JPY Forecast: Yen Surges on Intervention Fears
Investors believe Japanese authorities intervened to support the yen. The gap in interest rates between Japan and the US remains wide. The US core PCE […]
USD/JPY volatility continues, sent back down to 155 levels
You can just how volatile the pair has been in the last three hours. The pair has been swinging in a range of 200 pips […]
Eurostoxx futures +0.5% in early European trading
German DAX futures +0.4%UK FTSE futures +0.5% This roughly mirrors the mood in US futures, which are up around 0.3% on the day. Month-end flows […]
Inflation data on the cards in Europe today
The dollar is down after a more mixed showing on Friday, with other major currencies pushing back following the US PCE price inflation numbers at […]
USD/JPY dips to 158 as the volatile swings continue
I had a whole post lined up about how Tokyo had every reason to step in but they didn’t earlier. So far, the drop is […]