Daily Pivots: (S1) 131.04; (P) 132.41; (R1) 133.26; More… USD/JPY’s fall from 137.90 is still in progress and it’s now touching 61.8% retracement of 127.20 to 137.90 at 131.28. Intraday bias remains on the downside Read more…
In the Summary of Opinions from BoJ’s March meeting, many members expressed support for continuing with the current monetary easing and yield curve control. However, there were also discussions on potential side effects and concerns Read more…
In the Summary of Opinions from BoJ’s March meeting, many members expressed support for continuing with the current monetary easing and yield curve control. However, there were also discussions on potential side effects and concerns Read more…
Last week was not for the feint heated as investors grappled with headlines surrounding the implosion of SVB, Signature Bank and of course Credit Swisse. And that was particularly the case for bond markets, with Read more…
EUR/USD: ECB Not Fazed by Banking Crisis The past week was marked by a large black candle when EUR/USD plummeted from 1.0759 to 1.0515. And this happened not on Thursday, March 16, when the ECB Read more…
EUR/USD: ECB Not Fazed by Banking Crisis The past week was marked by a large black candle when EUR/USD plummeted from 1.0759 to 1.0515. And this happened not on Thursday, March 16, when the ECB Read more…
EUR/USD: ECB Not Fazed by Banking Crisis The past week was marked by a large black candle when EUR/USD plummeted from 1.0759 to 1.0515. And this happened not on Thursday, March 16, when the ECB Read more…