Yen Rallies on Rates Theme: USD/JPY, EUR/JPY, GBP/JPY
We're in the summer and ranges are common, but the Yen may be threatening a larger reversal as US rates continue to fall.
Yen Rallies on Rates Theme: USD/JPY, EUR/JPY, GBP/JPY
We're in the summer and ranges are common, but the Yen may be threatening a larger reversal as US rates continue to fall.
S&P 500 Testing Fibonacci Support as MACD Eyes Crossover
S&P 500 price action is coming under pressure as the stock market pulls drops over -1% from all-time highs. Investors might look to defend nearside technical support, but a MACD crossover looms.
AUD/USD Trades to Fresh 2021 Low as RBA Defines ‘Full Employment’
AUD/USD trades to a fresh yearly low (0.7417) as RBA Governor Philip Lowe defends the dovish forward guidance for monetary policy.
Crude Oil Outlook: Brent Falls as Technicals Reflect Bearish Fundamentals
Crude oil fundamentals have been stacking up with vagueness around OPEC+, the Japanese state of emergency and rising US-Iraq tensions; all culminating in a bearish image on the Brent crude price ch...
Mexico’s Annual Headline Inflation Cools, but Core CPI Jumps, USD/MXN Shrugs Off Data
Mexico's annual headline CPI cools modestly in June, but the core gauge soars to its highest level since December 2017, a sign that inflationary pressures are become more broad-based.
ECB Strategy Review: ECB Sets Symmetrical Inflation Target
ECB announces new inflation target as expected. Lagarde to speak from 1330BST.
Equities Resume Pullback: DAX 30 and FTSE 100 Face Critical Levels
The DAX 30 is a tempting a bearish break from its triangle whilst the FTSE 100 toys with key support
Japanese Yen Forecast: USD/JPY Tracks Plunging US Rates, JPY Bears Vulnerable
Low yield FX outperform as US yields extend slide. Japanese Yen bears vulnerable to bigger drop.
EUR/USD Near Three Month Lows Ahead of ECB Policy Review
EUR/USD is trading just above 1.1800 and traders will be keen to see the outcome of the ECB’s long-awaited Strategy Review later in the session