FTSE, Dax Remain Rangebound Ahead of ECB and BoE Rate Decision
German Dax 40, FTSE 100 Latest: German Dax builds in a solid range that has continued to hold over the past few weeks. FTSE 100 dips below the 20-day MA (moving average) – strikes over wages in the UK rise but stocks hold steady (at least for now). Equity indices remain resilient ahead of central […]
USD/JPY Hovers at Key 130.00 Level as Rangebound Trade Continues
USD/JPY Price, Charts and Analysis: Recommended by Zain Vawda Get Your Free JPY Forecast Most Read: Dollar Yen Forecast: USD/JPY Remains Conflicted Around 130.000 USD/JPY FUNDAMENTAL BACKDROP USD/JPY has struggled to hold onto any meaningful gains above the psychological 130.00 level. Yen strength has been capped by dovish sounding comments from the BoJ governor which […]
USD remains range-bound on dovish Fed rate hike outlook
Asset markets are somewhat sluggish and reluctant to recover on Friday, following Thursday’s drop, which saw S&P 500 breaking through 3900 points. Dollar was slightly bid on the back of growing risk-off, however, during this week the DXY appears to remain in equilibrium in the range of 102-102.50:Despite a slew of negative updates on the […]