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Japanese yen stays under pressure post-BOJ

Japanese yen stays under pressure post-BOJ

USD/JPY itself is up 1.4% to 144.68 currently as the yen continues to be dismantled in European morning trade. This follows the BOJ pushback against any indication of an early hawkish policy pivot, as Ueda reaffirms that they will wait on the spring wage negotiations...

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FBS 2023-2024 Market Review

FBS 2023-2024 Market Review

With 2023 coming to an end, leading global broker FBS looks back at the significant economic events and delves into the perspective of the financial landscape in 2024. FBS financial market analysts point out that next year, financial markets will stand at the cusp of...

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FX option expiries for 19 December 10am New York cut

FX option expiries for 19 December 10am New York cut

There aren't any significant option expiries for today. As such, trading sentiment will rely more to flows and the overall risk mood in markets. So far, there isn't much to suggest any notable trends in price action as there is very little to work with besides the...

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Eurostoxx futures up 0.1% in early European trading

Eurostoxx futures up 0.1% in early European trading

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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S&P 500 eyes fresh record highs on Santa Claus rally

S&P 500 eyes fresh record highs on Santa Claus rally

By my record, you'd have to go all the way back to 2013 for the S&P 500 to observe such a winning streak. During that stretch, the index gained by "just" 6.8%. This time around the index is up a whopping 15.1% in those eight weeks, based on yesterday's close. Talk...

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