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Usd/jpy recovers a few pips from daily low, finds some support near 148.00 mark

USD/JPY meets with a fresh supply on Thursday, albeit lacks follow-through. A combination of factors boosts the JPY and exerts pressure on the major. ...

October 5, 2023, 3:29 am

Explainer: what happened with usdjpy?

By ForexTime Strong US JOLTS data pushes USDJPY beyond 150.00 Currency pair later experiences aggressive selloff Weak yen supporting speculation of go...

October 4, 2023, 3:05 pm

Cable climbs 100 pips as the us dollar slumps following adp employment data

The US dollar is broadly weak today as yields give back some gains following a weaker ADP employment report. The US added 89K private jobs in Septembe...

October 4, 2023, 12:48 pm

Pmis on the agenda in european trading today

The key story in markets is still that of higher yields with it driving broader sentiment as well. The dollar continues to sit in a good spot all acro...

October 4, 2023, 4:39 am

Light changes in market sentiment so far in european morning trade

The changes among major currencies are mostly relatively light so far on the day, outside of the antipodeans. EUR/USD is flattish around 1.0480 now an...

October 3, 2023, 9:05 am

Gbp/usd plummets to eight-month-low on weak uk data, strong us dollar

The British Pound (GBP) tanks more than 100 pips versus the US Dollar (USD), after hitting a daily high...

October 2, 2023, 9:44 pm

Eur/usd forecast: bearish trend resumes

The EUR/USD lost over a hundred pips on Monday, resuming the downside that started on Friday’s Americ...

October 2, 2023, 9:29 pm

Aud.usd falls back below 0.6400 ahead of rba rate call

The Aussie (AUD) is down 1.2% from Monday’s early high of 0.6445 and off of the day’s opening bids by around 65 ...

October 2, 2023, 7:29 pm

Daily forex news and watchlist: eur/aud

The Aussie has pulled back A LOT against the euro in the past couple of days! Will EUR/AUD go back to losing p...

October 2, 2023, 9:44 am

October forex seasonals: no help for bonds but the mood tends to improve

Before we get into October, let's take a look back at how the seasonals did in September. At the end of August, I highlighted some trends in the month...

October 1, 2023, 2:45 pm

Nasdaq erases a 1% gain and turns negative

We've seen this script before.Treasury yields came off the lows and slowly the gains in equities faded. The FX market might have been the tell earlier...

September 29, 2023, 5:23 pm

Japan finance minister says closely watching fx moves with a great sense of urgency

It's evident that USD/JPY traders are nervous about intervention right now as even this little bit of headline is able to drop the pair about 20-25 ...

September 26, 2023, 7:55 am

Usd/jpy hugs the top of the range with eyes on intervention

USD/JPY is up just 5 pips to start the new week at 148.41 but it's in focus after the BOJ decision on F...

September 24, 2023, 11:56 pm

Kickstart your trading day: a technical look at the eurusd, usdjpy and gbpusd

The Bank of Japan kept rates unchanged overnight. That led to a rebound higher in the USDJPY and for a retest of the high prices from yesterday at 148...

September 22, 2023, 1:14 pm

Dollar sits more mixed so far on the day

It's all about the Fed today and after the early moves on the UK CPI data, things are looking calmer in European morning trade. Equities are higher wh...

September 20, 2023, 9:08 am

Major currencies subdued as fed day looms

We've finally made it to Fed day. After the rather apathetic start to the week, perhaps things might start to pick up after we get to the main event l...

September 20, 2023, 4:42 am

The waiting game continues...

The central bank bonanza heats up this weekIt's not just major central banks that will be in focus this weekIt's looking just as lifeless as it was ye...

September 19, 2023, 4:25 am

Usdjpy mired in a 32 pip trading range but nontrend transitions to trend. be aware.

With nearly 1/2 of the North American session is now over (and most of the day over), and the USDJPY remains in a very narrow 32-pip trading range for...

September 18, 2023, 5:08 pm

Eurusd extends to a new high but it still is a slow and sleepy start for the week

The EURUSD is stretching to a new session high in the last few minutes as early sellers in the North American session could not gather any momentum su...

September 18, 2023, 3:28 pm

Fxcubic mini-football tournament 2023: fx titans clash in limassol!

Welcome, ladies and gentlemen, to the electrifying clash of the FX titans here at Wembley Mini Football, Ypsonas, Limassol! It's not just about ...

September 15, 2023, 2:18 pm


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