Forex
USDJPY & EURJPY: Ech of the JPY pairs are trading above and below key MA targets.
Both the USDJPY and the EURJPY are moving higher. The run to the upside in each was started in the Asian session after...
US dollar softens as the Nasdaq stretches gain to 1.4%
It's a feeding frenzy in the Nasdaq today despite a worrisome US inflation report and rising Treasury yields. All the elements are in...
US broader indices move back toward session highs. S&P on pace for a record close.
The major US indices are pushing back toward at session highs. The S&P is up about 53.5 points or 1.05% at 5171.51. The...
US February federal budget deficit -296.0B vs -299.0B expected
Deficits and spending all work in cycles. There was something of a blow-off top in spending during the pandemic and now the cycle...
GBP/JPY nudges higher amid BoJ’s cautious outlook, mixed UK jobs report
The GBP/JP/registered modest gains of 0.29% in the mid-North American session after Bank of Japan (BoJ) Governor Kazuo Ueda's speech weakened the Japanese...
United States Monthly Budget Statement came in at $-296B, above forecasts ($-299B) in February
United States Monthly Budget Statement came in at $-296B, above forecasts ($-299B) in February
AUD/JPY Price Analysis: Bulls recover traction, recovery may be incoming
The AUD/JPY pair is trading at 97.477, showing a gain of 0.31%.
US EIA now sees stronger oil production growth in 2024
Everyone in the oil market wants discipline in US shale but at $78/barrel there is still plenty of money to be made that...
United States 10-Year Note Auction up to 4.166% from previous 4.093%
United States 10-Year Note Auction up to 4.166% from previous 4.093%
US treasury sells $39 billion of 10 year note at a high yield of 4.166%
High-yield 4.166% (previous 4.093%)WI level at the time of the auction: 4.157%Tail: 0.9 basis points versus 6-month average of 0.5 basis points (previous...
