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Bullish: Forex Strategies: Currently, USD/JPY is at 146.39 in a channel. We looking for a continuation to the ATR target at 144.71 and then the day chart bottom at 142.18. Watch the USDX for...
The market’s 8.5% decline during August sent shockwaves through the media and investors. The drop raised concerns about whether this was the start of a larger correction or a temporary pullback....
Credit spreads remained steady yesterday, but there were notable movements elsewhere. The one-month implied correlation index, which gauges how stocks might move together, increased. At the same...
We discussed the prospect of a low on the Japanese Yen currency several weeks ago. You can see the original chart below. The Japanese Yen did rally off important price support and many assets...
I expect volatility to increase this week, particularly with VIX options expiring on Wednesday. The current VIX option positions suggest that the VIX may remain around the 15 level, which means the...
The round trip in stocks so far this month was perhaps best described by my friend Peter. As measured by the VIX Index, we just witnessed the most extreme stock market swing on record. To some...
The week starts on a mixed note in Asia, after major US indices recorded their best week since last October and boosted appetite in global risk markets. A softer-than-expected CPI read in the US...
In the upcoming week, major currency pairs like GBP/USD, EUR/USD, and USD/JPY could experience significant dollar-driven moves despite a lighter economic calendar. With rising US unemployment and...
Stocks kept rising because retail sales and jobless claims data were better than expected. This is the second week in a row that stocks have jumped after a good jobless claims report. I’m not sure if...
USD/JPY Key Points From the biggest rise in retail sales since April 2022 to a much-needed decline in initial jobless claims, traders are now more reassured that the US economy is not tipping into...
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