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Get updates on the latest economic news and trends and how it affects currency prices and also commentary from experienced currency traders. Updated weekly. Podcast and weekly newsletter coming soon.

October 8, 2018

The US Dollar gained some ground against its peers in a turbulent week. What’s next? US inflation stands out in the second week of October which also sees tension rising towards Brexit and the mid-term elections Here are the highlights for the next week

The greenback kicked off the new quarter with fresh gains. Powell’s...

July 31, 2018

MARKET DEVELOPMENTS – BOJ QE INFINITY, FED QT PROVIDING USD BID

US equity futures are showing modest gains this morning (DJIA +0.1%, Nasdaq 100 +0.4%, S&P 500 +0.3%) as the Bank of Japan prepare for QE infinity by pushing back the time it will take to hit its inflation target yet again. Alongside this, markets are braci...

April 27, 2018

EUR/USD


The pair went much lower during the Wednesday’s session reaching the 1.21 level, the area which has massive importance and was also the scene of a major breakout. A bounce from here will confirm the continuation of the upside trend but the pair is experiencing huge downward pressure due to rise in the yield of...

April 27, 2018

  • BOJ keeps policy tools unchanged, QE taper a distant dream.

  • Doors open for USD/JPY to test supply around 110.00.


The big story today is Bank of Japan's (BOJ) omission of reference to a time frame for achieving the 2 percent inflation target.

The decision to remove the timeframe for the CPI goal could be an i...

April 24, 2018

USD/JPY continues to move upwards this week. In Tuesday’s North American session, USD/JPY is trading at 109.14, up 0.40% on the day. On the release front, Japanese inflation data met expectations. The Services Producer Price Index dropped from 0.6% to 0.5%, matching the estimate. The Bank of Japan’s favored inflation i...

April 24, 2018

USD/JPY RATE FORECAST TALKING POINTS:

  • USD/JPY Price Forecast: JPY weakness may accelerate on break > 100-DMA at 109.01

  • Options premium shows waning premium to protect against JPY strength lifting USDJPY

  • USD/JPY Rate Insight from IG UK: changes in retail sentiment favors price declines

On Tuesday, April 2...

April 23, 2018

U.S. Treasury Secretary Steven Mnuchin said he’s considering a trip to China amid a trade dispute with Beijing that finance chiefs warn could derail the global economic upswing.

Mnuchin said he’s “cautiously optimistic” of reaching an agreement with China that bridges their differences over trade.

“A trip is under consid...

April 15, 2018

  • After the airstrikes on Syria early on Saturday, the situation seems contained. 

  • There are growing chances of a relief rally, positive for the USD/JPY.

  • For the USD/CAD, the event is a double-edged sword, but the Canadian Dollar could come out on top.

Early on Saturday morning, US President Donald Trump...

April 2, 2018

Dollar/yen began the last week of Fiscal Year 2017 by dipping to the lows but quickly recovered. Is this a change of course or only an adjustment for temporary purposes? The upcoming week features the Non-Farm Payrolls and a FY in Japan.

USD/JPY fundamental movers


Strong US GDP, last-minute flows


The US economy grew at...

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