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Ipek Ozkardeskaya
Fed Set to Decide After BoJ Hikes, Microsoft Disappoints By Ipek Ozkardeskaya - Jul 31, 2024

The Bank of Japan (BoJ) raised its rate to 0.25% as cautiously expected and announced that it will reduce the monthly bond purchases in a predictable manner – but allow enough flexibility to support...

Marc Chandler
Yen Slumps, Germany Contracts Ahead of Week's Key Events By Marc Chandler - Jul 30, 2024

An unexpected decline in Japan's unemployment did not prevent a retreat in the USD/JPY to a four-day low ahead of tomorrow's data and conclusion of the BOJ meeting. The dollar has probed the JPY155...

Jason Sen
US Indexes to Reverse at the Resistance Zones? By Jason Sen - Jul 30, 2024

GBP/USD made a low for the day at 1.2810/00 and this should be good support again today. USD/JPY longs are looking at a good profit and the pair is headed in the right direction. NZD/USD longs at...

Ipek Ozkardeskaya
Uncertainty Looms Ahead of Mag7 Earnings, Rate Decisions By Ipek Ozkardeskaya - Jul 30, 2024 2

The week kicked off on a mixed note. Equities in Europe fell, the major US indices were near flat, slightly positive for the S&P 500 and Nasdaq, and slightly negative for the Dow Jones, as...

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