Yen and gold declined as demand for safe havens on the back foot for now. Looking at the majors we observe that most are approaching…
Intraday the Japanese Yen has been the big session loser and things could get even worse, should the US 10Yr yield register a confident break…
The Tweet : The NZDUSD 2hr Chart: Approaching key resistance zone, which if broken, completes a basin pattern (bullish).
Capital markets are forward-looking discounting ‘machines’ and investors seek to price in future developments. Interest rate differentials are one of the most important drivers…
Historically the beginning of summer sends markets, especially the FX market in a ‘summer lull’ but this summer may be different given this week’s…
We have been highlighting the longer-term rising wedge pattern in the USD Index (cfd) as a harbinger of weakness in previous posts, and this…