February 13 2023 🕓 3 min
USD/JPY jumps as BoJ’s news sent JPY lower
The BoJ's new leader announcement this week could lead to further losses for the JPY.
Tag: forex
February 10 2023 🕓 3 min
Markets close the week flat, struggling for direction
Wall Street ends the week flat. Dollar is the only performer Friday as traders struggle for direction.
February 9 2023 🕓 3 min
Wall Street continues to close with a decline
Wall Street continued the red sentiment on Thursday as Alphabet dragged stocks lower. Dollar gained slightly pulling commodities lower.
February 9 2023 🕓 3 min
Dollar under pressure again, tests important support
The recent rally in the USD seems to be over as the market still thinks the Fed's hawkish rhetoric won't last for long.
February 8 2023 🕓 3 min
Wall Street hurt by big tech – Alphabet leads the sell off
Wall Street takes a hit after Google (Alphabet) sells massively. Oil rises slowly regaining last week's losses.
February 8 2023 🕓 3 min
AUD/USD defends gains after another rate hike
The Aussie continued in its bullish momentum, capitalizing on the broad US dollar weakness today.
February 7 2023 🕓 3 min
Fed’s Powell speech fuels Tuesday’s trading – disinflation action?
Jerome Powell, the president of Fed, commented on the Central Bank's decision to hike 25 points last week. Still, a few hikes are expected.
February 7 2023 🕓 3 min
GBP/USD falls below psychological 1.20 amid USD strength
Traders bought the USD broadly today, sending the GBP/USD pair lower.
February 7 2023 🕓 3 min
EUR/USD touches 2-week lows ahead of Powell’s speech
Volatility could be highly elevated today as investors will react to Jay Powell's speech.
February 6 2023 🕓 3 min
USD/JPY advances above solid resistance amid BoJ rumors
It looks like the greenback might rally toward the 200-DMA amid renewed JPY weakness.
February 3 2023 🕓 3 min
US week close had a volatile spirit – intense trading on jobs data
Latest jobs data from the United States helped the US dollar rally. Markets enjoyed a volatile close of the week.
February 2 2023 🕓 3 min
Tech rallies with Q4 results, ECB and BoE boosted the dollar
Q4 results send tech stock flying with mega cap companies bagging massive gains. Dollar rebounded after ECB and BoE hike by 50bps.