US Data Surprises Helps the USD to Stage Mini-Rebound
Currency markets continue to remain in a relative equilibrium with FX majors fluctuating in fairly narrow ranges. US broad equity indices also lack direction, the key benchmark of the market, S&P 500, after two mini-selloffs to 3900 and 3960 in January, remains tied to the level of 4000 points. Oil (WTI benchmark) has been rising […]
Market Update – January 16 – USD at 7 mth lows as YEN takes centre stage
The BOJ meeting this week is dominating trades as the new week kicks-off. Japanese 10-yr yields trading at 0.51% above the BOJ ceiling and adding to the speculation that the ceiling could be raised to 1.0% on Wednesday. US stocks closed higher again on Friday and gained 2.3% last week. US markets are closed today […]
Euro Takes Centre Stage Via ECB Speakers
EUR/GBP ANALYSIS & TALKING POINTS ECB continues to dance to the hawkish tune, providing a tailwind for the euro against a more subdued GBP. U.S. CPI may provide some impetus ahead of Friday’s key UK and EZ centric data. Breakout looming on daily EUR/GBP chart. Recommended by Warren Venketas Get Your Free EUR Forecast FUNDAMENTAL […]