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USD/JPY hovers at the 200DMA after a bullish breakout US inflation to guide yields and FX moves Strong core CPI could lift yields, boosting USD/JPY A miss may cap gains, inviting fresh selling...
Forex Strategy is Bullish: We are currently @ 151.60 in a channel in a Range. We are looking for a continuation to the ATR target @ 152.70 area and then to the R5 @ 153.44. We have convergence for...
Gold Hits a Two-week High Gold (XAU/USD) price rose by 0.98% on Monday, as Peoples Bank of China (PBOC) reported that it restarted to buy the bullion in November. "The market is getting hopeful that...
The USD/JPY pair reached a high of 151.07 on Tuesday, marking its highest level in a week. This movement is largely attributed to ongoing uncertainty regarding the timing of the next interest rate...
The USD/JPY has edged lower on Monday. In the European session, USD/JPY is trading at 150.42, up 0.26% on the day. Japan’s GDP revised upwards in Q3 Japan’s economy expanded in the third quarter by...
Fed speakers on the wires ahead of the usual blackout period The dollar remains on the back foot; stocks are feeling the pressure Gold trades sideways, as bitcoin retreats from its new all-time...
The USD/JPY edged lower on Thursday. In the European session, USD/JPY is trading at 150.36, down 0.17% on the day. On the data calendar, Japan releases household spending and average cash earnings...
USD/JPY stuck within 149.55-150.00 area. Short-term risk is skewed to the downside. ADP Jobs data, ISM non-mfg PMI on the agenda. USD/JPY is pushing again for a close above the 150.00 mark and the...
10-year rates increased yesterday by roughly four bps to close at 4.23% following a stronger-than-expected JOLTS report. The report overlooked healthy, in my view, with the layoffs in October lower...
USD/JPY continues its decline, with a fresh low around 148.797. Bank of Japan (BoJ) Governor Ueda’s hawkish rhetoric suggests a potential rate hike sooner than later. Technical analysis indicates a...
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