MY.BLOGTOP10.COM

USD/JPY ended four days of selling yesterday with a doji star and now a retracement is underway. The pair is up 44 pips to 148.83.It traded as high as 149.34 earlier but has since sagged. The mood in markets is quiet ahead of the US holiday but also moderately...

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,...

There has been a myriad of reasons why the dollar is dropping in the last week. But as it turns out, softening Fed odds is not exactly one of them. Here's a look at the Fed funds futures curve since after the US CPI data:Sure, the latest snapshot is still reflecting...

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 latest note by Westpac mentions that:"The USD is settling into a steadier day-to-day bear trend and downside likely extends into the mid-Dec FOMC. The FOMC minutes showed staff PCE projections for end-2023 coming in lower again, a pointer to probable downward...

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 Thanksgiving holiday will begin tomorrow and US markets will be closed before reopening on Friday. Typically, that also is a pseudo-holiday as thinner liquidity conditions tend to prevail. So, let's try and take a look to see if there are any notable trends in the...

USD/JPY is now up 0.4% on the day to 148.90 levels as the dollar is finding some scope for recovery in the transition from Asia to European trading. There's no headlines really driving the move, with bond yields also still largely unchanged for the most part...

A tweet by OpenAI:"We have reached an agreement in principle for Sam Altman to return to OpenAI as CEO with a new initial board of Bret Taylor (Chair), Larry Summers, and Adam D'Angelo. We are collaborating to figure out the details. Thank you so much for your...

According to the report by Reuters, Zhu's appointment to head the State Administration of Foreign Exchange (SAFE) could come as soon as next week. It is one where he would also be named as a PBOC deputy governor to oversee foreign exchange regulatory matters,...

The dollar managed to claw back some losses from yesterday to end up trading fairly mixed by the end of it all. However, it is still in a rather vulnerable spot at the moment despite some technical holds in USD/JPY and AUD/USD - at least for now. Major currencies are...

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,...