Japanese Yen (JPY) Clobbered To New ’23 Lows; Skirts ‘Intervention Zone’
The Japanese Yen has weakened on a combination of domestic and global factors, to the point where the BoJ has intervened in the past
The Japanese Yen has weakened on a combination of domestic and global factors, to the point where the BoJ has intervened in the past
US stocks edge higher despite a number of headwinds: higher 10-year yields, US dollar and news of Tesla’s discounted offering in China seeing the stock gap lower
The Pound heads into the new week having seen consolidation for the majority of August. Inflation and employment data lie ahead and could give the GBP a directional nudge.
Gold is struggling to hold a zone of support and if this is broken the precious metal could see further short-term losses
In London the FTSE 100 has struggled in early trading, but elsewhere indices have seen some early buying after recent losses.
EUR/USD struggled at the back end of last week and that bled over into the Asian session. However, following the European open a short-term retracement is gaining traction. Is it sustainable though?
The Australian Dollar eked out a small gain today against a backdrop of underwhelming China data and ongoing concerns for global growth. If markets kick off again, will AUD/USD test lower?
Growing similarities on the charts of the Nasdaq 100 index and gold suggest the former could be in for some consolidation/minor retreat in an environment of rising real yields. What are the key levels to watch in the Nasdaq 100 index and XAU/USD?
The Euro backed away from trend line resistance with the US Dollar regaining some ascendency after Fed speakers repeated their tight policy mantra. Where to for EUR/USD?
The Australian Dollar is languishing to start the week after moving lower last week as the US Dollar found support with Treasury yields running higher. Will AUD/USD find traction?