After a constructive start to the week, risk sentiment soured again as recession fears crept back into markets, with equities trading heavy and global yields moving lower. However, the discussion regarding the ECB anti-fragmentation tool has brought some stability to the closely-watched 10Y Italian-German government bond spread, which has fallen back below 200bp. After surprising […]
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AUD/JPY is setting up for a potential upside breakout toward 120 psychological level, with the next move likely to be decided by a high-stakes combination of BoJ policy and Australian inflation data. Today’s bounce suggests Read more…
Despite the cancellation of a second round of US–Iran talks, crude oil prices showed little urgency to push higher, with Brent holding near $106 and WTI anchored around $98. In earlier phases of the conflict, Read more…
Key Highlights EUR/USD corrected gains and tested the 1.1665 support. A bullish trend line is forming with support at 1.1690 on the 4-hour chart. GBP/USD could continue to move higher toward the 1.3620 resistance. Gold Read more…