The Japanese yen rallies amid growing risk aversion across the board. The euro continues to shed gains from the surge earlier this month. A fall below 131.90 triggered profit-taking, and the latest rally came out to be a dead cat bounce after it was capped by this support-turned-resistance. A break below 130.40 (which sits over […]
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Daily Pivots: (S1) 159.12; (P) 159.39; (R1) 159.68; More… USD/JPY weakens slightly today but overall outlook is unchanged. Consolidations from 160.45 is still extending and intraday bias remains neutral. Further rise is expected with 157.49 Read more…
Yen strengthened broadly after the Bank of Japan’s hawkish hold, but gains are likely to be short-lived as markets question how far tightening can go. While the shift reinforces expectations for a near-term rate hike, Read more…
IonQ Inc. (IONQ) has seen its stock climb 60% in the past month, which is forcing investors to take a closer look at what is actually driving the move. Wedbush Securities is leaning into the Read more…