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Gbpjpy flies to new high above 169.00
GBPJPY is rallying above the 169.00 psychological mark, recording a new four-month high. The rebound off the 20-day simple moving average (SMA) and th...
Eurjpy climbs to its highest in over 8 years
On Friday morning, the EURJPY rose above 149 yen per euro on news from Japan. There, unemployment rose to 2.8% (expected 2.5%, last month 2.6%, a year...
Bitcoin bulls battle for the usd 30k psychological level
The last few days have been volatile for cryptocurrency traders. The BTCUSD rate fell to the USD 27k support line and rose to USD 30k. Bullish sentime...
Aud/usd price forecast: new 2023 low for aussie dollar?
AUD/USD is on the backfoot this morning after housing credit remained subdued. The Aussie dollar now looks ahead to US core PCE and consumer sentiment...
Germany april unemployment change 24k vs 10k expected
Prior 16kUnemployment rate 5.6% vs 5.6% expectedPrior 5.6%The German unemployment rises more than expected in April as the labour office cites a more ...
Gold price and crude oil price face key hurdles
Gold price is struggling to gain momentum above the $2,003 resistance. Crude oil price is consolidating losses and struggling to recover above $75.20....
Residential air purifier market to experience robust growth at a cagr of 5.9% during 2022-2032
According to Market.us, Asia Pacific is the leading region for residential air purifiers, primarily due to rising air pollution levels in countries li...
Eur/usd technical analysis
On the hourly chart of EUR/USD at FXOpen, the pair failed to clear the 1.1070 resistance and reacted to the downside. The Euro declined below the 1.10...
Nasdaq bounces back
NZD/USD tests critical floor The US dollar advanced as the core PCE accelerated in Q1. The pair is hovering above the daily support of 0.6090 as kiwi ...
Boj's ueda acknowledges yen drop today but does not want to comment on it
The chance of starting exit from monetary easing in the next 1.5 years is 'not zero'But chance of that being delayed to 2, 3, or 4 years later is also...
Rakuten securities ends q4 fy23 with a 123% income uptick
Rakuten Securities, a part of the Japanese conglomerate Rakuten Group, released its results for the three months between January and March, reporting ...
Swiss kof dropped to 96.4, the economy cannot find its footing
Swiss KOF Economic Barometer dropped from 99.2 to 96.4 in April, dipping slightly lower under its medium-term average value. KOF said, “at the mo...
Market analysis: eurjpy climbs to its highest in over 8 years
On Friday morning, the EURJPY rose above 149 yen per euro on news from Japan. There, unemployment rose to 2.8% (expected 2.5%, last month 2.6%, a year...
Boj's ueda: 'review' is different from 'assessment' or 'examination'
It does not have in view near-term policy changesPrice outlook still undershoots 2% as confidence in the outlook is still lowRemains committed to cont...
Boj's ueda: there is a good chance to judge achievement of 2% inflation target this year
Economic indicators will provide a good judgment on thatCan even be before next year's labour talks i.e. shunto negotationsNext year's labour talks wi...
Switzerland april kof leading indicator index 96.4 vs 98.1 expected
Prior 98.2; revised to 99.2 This article was written by Justin Low at www.forexlive.com......
Spain april preliminary cpi +4.1% vs +4.4% y/y expected
Prior +3.3%HICP +3.8% vs +4.1% y/y expectedPrior +3.1%The readings may have missed on estimates but they are still higher than what we saw in March. T...
Spain q1 preliminary gdp +0.5% vs +0.3% q/q expected
Prior +0.2%The Spanish economy outperformed expectations in Q1 despite higher rates weighing on consumption during the quarter. This continues to reaf...
Aud/usd daily report
Daily Pivots: (S1) 0.6606; (P) 0.6621; (R1) 0.6645; More… Further decline is still expected in AUD/USD with 0.6664 minor resistance intact, despite ...
Usd/cad daily outlook
Daily Pivots: (S1) 1.3571; (P) 1.3609; (R1) 1.3629; More…. A temporary top should be conformed at 1.3650 with current retreat. Intraday bias in USD/...
Spx500: bulls are focused on a maximum of 4815.42.
Three weeks ago we talked about the SPX500 index. We see that the market is still continuing the development of a large impulse consisting of sub-wave...
Boj's ueda: will make changes to monetary policy as needed during review period
Policy review period is set to one to one-and-a-half yearsBut that does not mean there will be no policy change during that timeReview is not aimed at...
Japanese yen tumbles on ueda's first policy press conference
It is newly appointed BOJ governor, Kazuo Ueda's first policy press conference and the Japanese yen is not liking it. He reaffirmed their commitment t...
Eur/gbp daily outlook
Daily Pivots: (S1) 0.8807; (P) 0.8840; (R1) 0.8856; More… Intraday bias in EUR/GBP remains neutral first and further rally is mildly in favor as lon...
Eur/aud daily outlook
Daily Pivots: (S1) 1.6573; (P) 1.6680; (R1) 1.6824; More… Intraday bias in EUR/AUD remains neutral for consolidation below 1.6785. Downside of retre...
France april preliminary cpi +5.9% vs +5.7% y/y expected
Prior +5.6%HICP +6.9% vs +6.6% y/y expectedPrior +6.7%This is not going to be of any relief to the ECB whatsoever as after the base effect changes las...
American gets 4 years jail for stealing bitcoins from crypto mixer helix
A US court has sentenced Gary James Harmon, the brother of the crypto mixing service Helix operator, to four years and three months in prison, for ste...
Eur/chf daily outlook
Daily Pivots: (S1) 0.9839; (P) 0.9859; (R1) 0.9885; More… Intraday bias in EUR/CHF stays on the upside at this point. Decline form 0.9995 should hav...
Boj's ueda says will not hesitate to ease monetary policy further if necessary
Appropriate to continue monetary easing to achieve 2% inflation targetRisk from tightening too hastily is larger than monetary policy falling behind t...
Can frc collapse affect forex markets?
Markets turned lower through the week as investors are once again worried about a liquidity crisis among US regional banks. The space had calmed down ...
Eur/jpy daily outlook
Daily Pivots: (S1) 147.27; (P) 147.63; (R1) 148.11; More…. EUR/JPY’s rally finally resumes and the break of 148.38 resistance should now confirms ...
Bank of japan left key parameters of policy unchanged but changed forward guidance
Markets US Q1 GDP figures came in as somewhat of a shocker for those betting that it will soon be back to lower rates for the Fed after delivering a f...
Gold price today, 28 april: gold under 60000 level, headed for monthly gain; traders price in 25 bps rate hike
Gold prices were little changed on Friday, but were headed for a small weekly gain due to a weaker dollar and lingering economic concerns. Read Full S...
Usd/jpy price analysis: rally inspired by continuation of boj’s ultra-dovish policy approaches 135.00
USD/JPY has jumped swiftly to near 135.00 as BoJ has announced a continuation of ultra-dovish monetary policy. The USD Index has jumped above 101.76 a...
Fx option expiries for 28 april 10am new york cut
EUR/USD- 1.1000 (€3.1bn)- 1.1025-30 (€594m)- 1.1040-50 (€1.3bn)USD/JPY- 134.00 ($536m)- 135.00 ($422m)GBP/USD- 1.2395-00 (£407m)USD/CHF- 0.8820...