BoJ kept monetary policy unchanged as widely expected today. Under the yield curve control frame work, short-term policy interest rate is held at -0.10%. As for long-term interest rate, BoJ will continue to purchases JGBs, Read more…
Key insights from the week that was. The past week has been significant for global central banks. Key data releases have also been received for Australia, New Zealand and China. Beginning in Australia, most notable Read more…
With the war in Ukraine raging and central banks raising interest rates, equity markets have come under heavy fire. The S&P 500 has lost only 10% this year but that doesn’t tell the whole story. Read more…
Key Highlights USD/JPY started a major increase after it broke the 115.00 resistance. A major bullish trend line is forming with support near 118.40 on the 4-hours chart. EUR/USD could gain pace if it clears Read more…
WTI Crude Oil soared over 8% today in what has been extremely volatile March. The International Energy Agency (IEA) wanted that 3,000,000 bpd of oil from Russia could be shut-in within the next 3 months. Read more…
After spiking higher on panic buying in early March, the speed of gold’s retracement has left investors and traders unsure of what comes next. In the initial instance, the retracement in gold from the $2070 Read more…
On March 16 the Federal Reserve hosted the press conference where it announced several disappointing facts for the US economy. FOMC raised the forecast for the US inflation for 2022 to 4.3% from 2.6% despite Read more…
BTCUSD (Bitcoin) has been following a neutral trajectory since the end of January, driving back and forth between the 45,855 and 32,950 boundaries, though a symmetrical triangle started to become evident in March, suggesting that Read more…
Platinum reversed from support zone Likely to rise to resistance level 1040. Platinum recently reversed up from the support zone located between the support levels 1000.00 and 990.00 (which have been reversing the price from Read more…
EURJPY broke key resistnace level 130.00 Likely to rise to resistnace level 132.00 EURJPY recently broke the key resistnace level 130.00, intersecting with the 61.8% Fibonacci correction of the downward impulse from February . The Read more…