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Forex

Japanese Yen awaits Fed decision before the next leg of a directional move

The Japanese Yen (JPY) registered heavy losses against its American counterpart on Tuesday and reversed a major part of the previous day's sharp...

Forex

AUD/JPY extends losses after weaker Aussie data

AUD/JPY extends its losing streak for the third consecutive session.

Forex

WTI remains under selling pressure below $81.00 amid unexpected oil stockpile build

Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $80.80 on Wednesday.

Forex

Canada’s GDP Data Showed Slower Growth in February, ”Unchanged” GDP in March

The weaker-than-expected Canadian GDP release coincided with a stronger-than-expected U.S. employment cost index report. How did CAD react to the event?

Forex

Citi says traders expect the biggest Fed-day move in the S&P 500 since 2023

Bloomberg cite data compiled by Citi:the S&P 500 index is implied to move 0.95% on Wednesday ... according to an options strategy known...

Forex

Japan may provide tax breaks for companies converting foreign profits into the yen

Info via Reuters citing Sankei report on Tuesday: Japan may introduce measures to provide tax breaks for companies converting foreign profits into the...

Forex

Market reversal alert: Unveiling a strategic trading plan from the resistance zone [Video]

The reversal was anticipated 1 day before the live session as posted in the 30s market update post on 29 Apr 2024.

Forex

Waiting for the PBOC CNY reference rate setting? None today, China is on holidays.

China is out on holiday from May 1 to May 5, inclusive.Markets are closed.Also closed today are Hong Kong and Singapore. ps. Europe...

Forex

Daily Broad Market Recap – April 30, 2024

It was a good day to be a dollar bull, as the U.S. currency staged a steady climb across the board, even before...

Forex

RBNZ’s Hawkesby: High global inflation remains a key risk for financial stability

The Reserve Bank of New Zealand (RBNZ) Deputy Governor Christian Hawkesby said on Wednesday that higher interest rates mean cooling jobs market.