The Japanese yen continues its good form with USD/JPY being dragged to fresh lows in over nine weeks. The pair is down another 100 pips today in a fall angling towards the 130.00 mark...
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A near empty calendar day in Europe
The dollar was lightly softer in trading yesterday but key levels are still holding for the most part. With the Fed in focus, markets may not gather too much conviction until we get to the...
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Natural Gas Technical Analysis: Price Continues to Rise
Spot natural gas prices continued to rise in recent trading at intraday levels, to achieve new daily gains until the moment of writing this report, by 1.56%. It settled at the price of 8.420 dollars per million...
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The ruble depreciated against the dollar and the euro amid a 150 bp rate cut by the Central Bank.
Moscow. 22 July. INTERFAX.RU – The US dollar and the euro strengthened on the Moscow Exchange following the results of Friday’s trading, the ruble fell against the dual-currency basket after the unexpected decision of the Central...
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FOREX TODAY: DOLLAR GAINS TRACTION AS MOOD SOURS AHEAD OF PMI DATA
Here is what you need to know on Friday, July 22: Although the euro gathered strength following the European Central Bank’s (ECB) decision to hike its key rates by 50 basis points, it lost...
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USD/JPY Forecast: USD Finds Buyers on Dips
The USD/JPY currency pair initially fell Tuesday against the Japanese yen, but we have seen a turnaround as the Bank of Japan will continue to loosen monetary policy. With that in mind, it makes quite a...
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Equities hope to carry good form to second half of the week
A 3% rally in the Nasdaq and near 3% rally in the S&P 500 yesterday is certainly brightening up the mood in the equities space this week. Even Netflix’s earnings report, which could have...
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