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Russell 2000 Technical Analysis – We are back to the 2022

Russell 2000 Technical Analysis – We are back to the 2022

This week started like the last one with a broader rally in the markets as the risk sentiment got supported by another lack of a ground operation in Gaza over the weekend and the positive news about a couple of hostages being released. Yesterday, on the other hand, we...

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FX option expiries for 26 October 10am New York cut

FX option expiries for 26 October 10am New York cut

There are a couple to take note of on the day, as highlighted in bold.The first being for EUR/USD at 1.0540, although I would say the expiries may not factor into play all too much. They aren't associated with any technical significance, so it is just pretty much that...

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ECB highlights the calendar in European trading today

ECB highlights the calendar in European trading today

And so the shackles are finally coming off for USD/JPY and that is likely to help underpin the dollar further this week. The surge higher in Treasury yields yesterday was another tailwind for the greenback, with 10-year yields now at 4.968% on the day and inching...

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Poll: BOJ set to put an end to negative rates in 2024

Poll: BOJ set to put an end to negative rates in 2024

25 of 28 economists expect BOJ to keep policy steady next weekThe other 3 economists expect a start of easy policy unwinding63% of economists expect BOJ to end negative interest rates in 2024 (up from 52% in September, and 41% in August)The remainder expect the end of...

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Tokyo finally getting rid of the shackles

Tokyo finally getting rid of the shackles

The last time the pair traded at the highs we're seeing today was the day that the BOJ hammered down the pair back below the 150.00 mark in October last year. In case you need a refresher:And now after weeks on end in poking and prodding just under the figure level,...

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The US dollar has soared higher during the Asian session.

The US dollar has soared higher during the Asian session.

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,...

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USD/JPY makes a new session high above 150.40

USD/JPY makes a new session high above 150.40

USD/JPY finally busted above 150 during the US afternoon on Wednesday:In the twilight zone between NY close and Tokyo open it added to its gains:It tracked pretty much 150.10 - 150.30 for a few hours, with some very weak jawboning:Its now hitting circa 150.40 to be...

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