In focus today In the euro area, the flash February PMI report is released today. We expect a decent increase in the manufacturing PMI to 50.0 from 49.5 as we have received positive signs from higher new orders and metal prices lately. The services PMI have been on a declining trend for the past two […]
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USD/JPY rose to 159.29 on Friday, marking one of the weakest levels for the Japanese yen since July 2024. The yen’s decline is heightening market concerns about possible intervention by authorities in the foreign exchange Read more…
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The short-term Elliott Wave outlook for USDJPY indicates that the cycle from the January 28, 2026 low remains in progress, unfolding as an impulsive structure. From that low, wave (1) concluded at 157.72, followed by Read more…