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USD/JPY is finally topping out this year at our 162-164 resistance area, where we called the end of a big ending diagonal on the daily chart. Notice that the price is now falling sharply and...
Markets continue to recover led by the Nikkei 225 index BoJ comments result in yen underperformance Light calendar again today, focus on geopolitics Kiwi benefits from strong labour market data The...
Gold Dips Amid US Dollar Gains on Recession Fears Gold (XAU) slipped below $2,390 on Tuesday as the strengthening US dollar (USD) and rising bond yields put downward pressure on the metal. Investors...
USD/JPY gears up after 7-month low Recent sharp sell-off looks overdone Bulls hope for a close above 146.58 to continue higher USD/JPY showed signs of life on Wednesday, forcefully bouncing above...
Markets have been bleeding tremendously over the past few days. Yesterday's murderous trading session ended with the S&P 500 and Nasdaq plunging 3% and 2.96% respectively. A total of $907b was...
On Monday morning, investors woke up to plunging stock markets as the “Yen Carry Trade” blew up. While media headlines suggested the sell-off was due to fears of a recession, slowing employment...
Petroleum markets are giving up gains as they hope for soft economic landing is starting to look less likely. The possibility of war in the Middle East is getting real with Iran threatening to...
The stock market suffered significant declines on Thursday and Friday, and this morning, expectations are very negative after an overnight sell-off in global markets, fueled by turmoil in the Yen and...
AUD/USD has been the worst performer among the major currencies in the past 4 weeks due to a double whammy slow-down growth effect from the US and China. RBA’s “hawkish hold” monetary policy stance...
Global markets extend losses, Nikkei plummets, Nasdaq 100 enters correction territory. Selloff attributed to recession fears, profit-taking, and geopolitical tensions. Goldman Sachs raises recession...
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