Markets The Bank of Japan brought the Japanese yen close towards new multidecade lows against the US dollar. USD/JPY pierced through 150 and then the 151 big figure. The couple rose to an intraday high of 151.95 in October last year before Japan turned to FX interventions. Ending the day at the current levels would […]
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The market exuberance that erupted after the Nov. 5 election is still going strong, even if the some of biggest stocks seemed to lose a step or two. Nvidia (NVDA) reported great earnings on Wednesday, Read more…
EUR/USD’s decline from 1.1213 continued last week and accelerated to as low as 1.0330. There is no sign of bottoming yet and initial bias stays on the downside this week. Sustained trading below 1.0404 key Read more…