The Japanese yen has been demolished lately, thanks to the Bank of Japan’s reluctance to join the global tightening party. There are growing whispers that Japanese authorities are about to intervene in the FX market, but this doesn’t seem like a realistic option yet. Bulldozed The yen has taken a heavy beating lately. Central banks […]
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You filed your taxes, triple-checked the numbers, and hit submit. Now you are watching your bank account like a hawk, waiting for that refund to land. But this year, the wait might test your patience Read more…
We expect the Federal Reserve to keep its monetary policy unchanged at the March meeting, in line with consensus and market pricing. Powell will avoid giving firm forward guidance regarding the Fed’s reaction to the Read more…
EUR/USD halts sharp pullback, rebounding from July lows. But momentum signals and ‘death cross’ keep bearish bias intact. EUR/USD pares losses at a seven-and-a-half-month low near 1.1450 EUR/USD is attempting to recover some lost ground Read more…