Currency

With the Yen nearing a crucial value, Finance Minister Suzuki assures close monitoring and potential measures to stabilize forex fluctuations as the USD/JPY approaches intervention territory.

2024-04-16T04:39:14+0100

Fundamental and technical reasons point to further US dollar strength

2024-04-16T01:37:18+0100

​​​EUR/USD, GBP/USD weigh on key support while AUD/USD stabilizes above it​ ahead of the weekend.​

2024-04-15T01:04:01+0100

​​​GBP/USD, EUR/JPY and USD/JPY continue to grind higher​ ahead of Wednesday’s FOMC minutes and US CPI data release.​

2024-04-10T03:18:38+0100

EUR/CHF is displaying a nicely ordered uptrend which we would like to buy into on a minor retracement lower to CHF0.9750, with a stop loss at CHF0.9705, and an upside target at CHF0.9950.

2024-04-04T05:59:34+0100

Inflation might creep back in to the US economy and push back rate cut expectations, and negative divergence accompanied the Dow’s Monday record high just below the psychological 40,000 mark.

2024-04-03T00:28:28+0100

Since GBP/USD didn’t sell off despite UK inflation coming in lower than expected, we would like to buy the cross ahead of the FOMC meeting around $1.2700, with a stop loss at $1.2500 and an upside target at $1.3000.

2024-03-20T22:35:20+0000

Since the Bank of Japan might hike its rates for the first time in 17 years, we would like to short USD/JPY with a stop loss above ¥152,00, and a downside target slightly above ¥140,00.

2024-03-18T21:58:35+0000