이 블로그는 QHost365.com 을 이용합니다.
도메인/웹호스팅 등록은 QHost365.com
USD/JPY is at a fresh low for the day, down 127 pips to 138.95 as longs clear out ahead of the Bank of Japan decision later. Doubling the pain was an earlier rally in USD/JPY due to broad USD strength following strong GDP and initial jobless claims.At this point, both...
EURUSD falls to next target areaThe EURUSD is trading to a new session low and in the process has reached the next target area between 1.09618 and 1.09759 (see red numbered circles on the chart above). Today, the move to the downside started against the 200-hour...
The Dow has moved higher for 13 consecutive days. Today the price made a new highs going back to February 2022, but has rotated to the downside. The index is currently down -210 points or -0.59% at 35309.97. Bank of Japan threatening to change their policy (on top of...
Trump arrested (AI image)Earlier there were reports that a Trump indictment for the Jan 6 events could come as soon as today. A court spokesman now says there won't be any indictments today.Supposedly the charges would be: conspiracy to commit offense or to defraud...
US 10-year yields are back above 4%, rising 16 basis points today. That is the best instrument to tell the story of why US stocks started red hot and have quickly cooled. It's the combination of several things, starting with (1) strong US data today, including a great...
US equities have fallen into negative territory in a sharp reversal. There were some signs of profit-taking earlier but the heaviest selling came after a Nikkei report saying that today the Bank of Japan will discuss removing yield-curve control in what would be a...
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
The Bank of Japan rate decision is due later (Friday morning in Tokyo) and it just got far more interesting.Last week, and for some time before, the Bank of Japan repeatedly beat back on growing expectations they would drop yield curve control. BOJ Governor Ueda came...
> U.S. Treasury auctions office 7 year note at a high yield of 4.087% WI level at the time of the auction was 4.074% <!--> --> <!--> High-yield 4.087%WI level 4.064%Tail 1.3 basis points versus 6-month average of 0.0 basis pointsBid to cover 2.48X...
Will discuss letting long-term rates rise above 0.50% limit "by a certain degree"Under the more flexible policy being considered, the BOJ would permit gradual increases above the 0.5% threshold, but still clamp down on any sudden spikeThe proposed change would keep...
The U.S. Treasury will auction off $35 billion of 7 your notes at the top of the hour. Below are the last and the six-month averages of the major components for comparison.High Yield: previously at 3.839%, with a six-auction average of 3.739%Tail: previously at...
The USDCAD is being pushed and pulled by fundamentals today. On the positive side for the Canadian dollar, oil prices are higher with the price of WTI crude oil extending above $80 for the 1st time since April. That is bullish for the CAD (bearish for the USDCAD). On...
Oil continues to benefit from swelling economic optimism and has made a quick move from $68 to $80.Earlier today it first rose above $80 before falling back to $79.03 on profit-taking and USD strength but it's regained its footing and is back near the highs of the...
The ECB appears to have gotten the message that the economy is slowing and has now pledged data dependency towards hiking in September and/or beyond. Market pricing puts Sept hike odds at 38%.European equities like what they heard. Closing changes today:Stoxx 600...
The USDCHF hit a new low in the European session, marginally breaching the low price from July 18, but quickly bounced back. The rebound was fueled by robust U.S. data released this morning, indicating a stronger GDP, job market, and consumer/business market, with...
As Ron DeSantis' presidential campaign flounders, the likelihood of a presidential re-match grows but it will be a complicated one as Biden ages and Trump faces legal jeopardy -- including a trial set for next May on classified documents.The next round of charges...
The science world is buzzing over LK-99.That's a material that could revolutionize the world."For the first time in the world, we succeeded in synthesizing the room-temperature superconductor," a pre-print paper published this week by Sukbae Lee, Ji-Hoon Kim and...
The AUDUSD is trading lower with the stronger dollar and in the process, the price is testing it at 200-day moving average of 0.67246. The last few days have seen early buyers against that moving average level on each of the dips. A break below would have traders...
The USDJPY is moving higher helped by stronger US data today. The move to the upside has the pair testing the 100-hour MA at 140.99. The 50% midpoint of the recent move lower comes in at 141.15. Getting above those levels is needed to increase the bullish bias in the...
US pending home salesPrior was -2.7%Index 76.8 vs 76.5 priorThis is a decent forward-looking indicator and a nice rebound after a poor number in May. I think it's clear that there are people who want to buy homes, it's just that inventories of homes for sale are very...