CHF/JPY Technical: At risk of a multi-day corrective decline reinforced by a hotter Tokyo CPI
Several key bearish technical elements have emerged on the CHF/JPY. The Tokyo-area inflationary data...
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USD/JPY edges lower, Tokyo Core CPI rises
Tokyo Core CPI climbs higher than expected US GDP jumps 4.9% The Japanese yen has steadied after thr...
Brent Crude – Oil remains volatile amid economic uncertainty
Concerns of wider conflict in Middle East abating It’s been a volatile week in the oil market,...
USD/JPY breaks above 150, US GDP soars
Japanese yen falls below 150 line US GDP jumps 4.9% The Japanese yen is down slightly on Thursday, a...
EUR/GBP – ECB may consider rate cuts earlier than it wants to admit
ECB holds as expected Downside growth risks a concern EURGBP fails to hold above key resistance Ther...
ECB React: Euro softer post dovish hold and robust US data
ECB keeps rates on hold as inflation and growth cool US Core PCE cools more-than-expected US continu...
AUD/USD slips to 12-month low on Bullock’s comments
AUD/USD falls to lowest level since October 2022 US GDP expected to jump to 4.3% The Australian doll...
EUR/JPY Technical: Bulls are in hesitant mode again as ECB looms
This is a follow-up analysis of our prior report, “EUR/JPY Technical: Bulls may have reached a key...
Market Insights Podcast – Big tech earnings, BoC hawkish hold, ECB preview
OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss earnings from Mi...
Euro under pressure ahead of ECB meeting
ECB expected to pause at today’s meeting The euro continues to lose ground and has fallen over...
Gold Technical: Bullish impulsive up move may have resumed
The minor pull-back of Spot Gold (XAU/USD) from last Friday, 20 October high of US$1,997 may have en...
USD/JPY: Hovering around 150 as Japanese bond yields steadily rise
Japan 10-year bond yields rose 1.5bps to 0.852% Odds of a yield curve control adjustment are growing...
USD/CAD: BOC’s hawkish hold provides little relief for loonie
Bank of Canada holds rates steady at 5.00% for a second straight meeting; keeps door open for future...
NAS100 – Big Tech Remains in Focus Even as Microsoft and Alphabet Fail to Provide a Boost
AI boosts Microsoft It hasn’t been the most thrilling session so far on Wednesday but there is...
USD/JPY tiptoeing just shy of 150
Japanese yen remains close to 150 US GDP expected to accelerate to 4.5% Dollar-yen is unchanged on W...
USD/CAD eyes Bank of Canada decision
Bank of Canada expected to hold rates at 5.0% The Canadian dollar is steady on Wednesday. In the Eur...
Australian dollar falls despite CPI rise
Australia’s CPI accelerates US PMIs show slight improvement The Australian dollar rose about 4...
Russell 2000 Technical: The weakest may get weaker again
Russell 2000 has staged a major bearish breakdown from its “Symmetrical Triangle” range support ...
EUR/AUD bearish breakdown supported by additional China fiscal stimulus and AU inflation
Weak PMI readings from the Eurozone, an increase in China’s budget deficit ratio, and renewed infl...
USD/JPY: Dollar unfazed by in-line two year auction
Two-year auction demanded a 5.055% yield, lower than prior auction yield of 5.085% Bid-to-cover 2....