something interesting

<  BACK TO Market Analysis

PIG TODAY-BOJ Preview: next big driver for the FX market volatility

 

Central banks will dominate financial markets headlines this week as the Bank of Japan and the US Federal Reserve are scheduled to announce their respective monetary policy decisions on Wednesday. With no move expected from theFed, BOJ would steal all the attention as policymakers remain divided over the best way to maintain and possibly expand the central bank’s ultra-loose monetary policy in order to support a fragile economy. Market expectations range from following the Federal Reserve's 2011 "Operation Twist" of purchasing longer-term debt and selling short-term debt, to taking interest rates further into negative territory and (or) stepping up the asset purchases.

In addition to this, the BOJ will also conduct a comprehensive review that will evaluate the effectiveness of the central bank’s monetary policy measures, contributing to increase the importance of this week’s meeting. There would be strong market interest around BOJ monetary policy decision and hence, could eventually turn out to be the next potential driver for volatility in the FX market.

The next big question is how the Japanese Yen would react to BOJ decision. The market seems to be approaching the big event with expectations for a dovish outcome and hence, yet another disappointment is going to be highly Yen positive.

Here are some key technical levels for important JPY pairs - USD/JPY, EUR/JPY and GBP/JPY.

 

USD/JPY

USDJPY

Despite of its recent bounce back above 50-day SMA, the pair failed to clear 104.30-40 resistance area (61.8% Fibonacci retracement level of the decline from July highs), signaling a lack of follow-through buying interest. The pair, however, has held 23.6% Fibonacci retracement level support near 101.40-20 region and has been stuck in a broad trading range between 103.00-101.00 area. Hence, it would be prudent to wait for a decisive break through the ongoing trading range before confirming the next leg of direction move for the pair.

On a sustained weakness below 101.00 handle, the pair is likely to accelerate the slide immediately towards 100.00 psychological mark below which a fresh leg of weakness would pave way for continuation of the near-term downward trajectory towards its next major support near 97.00 region. Post-Brexit swing low near 99.00 level might provide some intermediate support.

Alternatively, a follow-through buying interest back above 50-day SMA, leading to a subsequent move through 103.00 handle, the pair seems all set to make a dart beyond September monthly high resistance near 104.30 and head towards 100-day SMA resistance near 104.60 region. A convincing strength above 100-day SMA for the first time since early February should open room for an additional near-term appreciating move for the pair towards 106.00-25 resistance and the momentum could further get extended towards its next major resistance near 107.50 region (July swing high).

 

EUR/JPY

EURJPY

Having broken below 61.8% Fibonacci retracement level support of July 2012- Nov. 2014 bullish run, the pair has failed to register any meaningful recovery and has struggled to sustain its move back above the said support break-point. Moreover, the cross has been oscillating within a short-term symmetrical triangular formation on daily chart, indicating a consolidation phase before a resumption of the previous weakening trend.

From current levels, a short-term ascending trend-line near 113.75-70 area seems to protect an immediate downside, which if broken decisively is likely to drag the pair immediately towards 112.60-50 support before the pair eventually drops to retest July daily closing lows support near 111.00 handle.

On the flip side, rebound from ascending trend-line support and a subsequent momentum above 114.40-50 resistance is likely to get extended towards 115.40 intermediate resistance en-route the symmetrical triangular formation resistance near 116.00 handle. A sustainable break above 116.00 resistance would negate any near-term bearish bias and help the pair immediately towards 100-day SMA resistance near 117.00 handle before attempting a move towards post-Brexit recovery swing highs resistance near 118.40-45 region.

 

GBP/JPY

GBPJPY

The cross has plunged below an important confluence support near 135.00 psychological mark, comprising of 38.2% Fibonacci retracement level of the advance from August lows, 20-day and 50-day SMAs. Hence, a follow-through selling pressure below 61.8% Fibonacci retracement level support near 132.80-75 zone is likely to turn the pair vulnerable to accelerate the downslide towards 131.00-130.80 horizontal support. On a sustained weakness below 131.00 handle, the pair could further depreciate back towards post-Brexit swing lows support near 129.00 region.

Meanwhile, on the upside, the cross needs to move and sustain its strength back above 135.00 mark in order to increase the prospects of further up-move in the near-term. On a convincing move above 135.00 level, also coinciding with a short-term descending trend-line resistance, should boost the cross immediately towards 137.00 round figure mark before making a fresh attempt to retest monthly high resistance near 138.50 region.

Source: fxstreet.com

 

Central banks will dominate financial markets headlines this week as the Bank of Japan and the US Federal Reserve are scheduled to announce their respective monetary policy decisions on Wednesday. With no move expected from theFed, BOJ would steal all the attention as policymakers remain divided over the best way to maintain and possibly expand the central bank’s ultra-loose monetary policy in order to support a fragile economy. Market expectations range from following the Federal Reserve's 2011 "Operation Twist" of purchasing longer-term debt and selling short-term debt, to taking interest rates further into negative territory and (or) stepping up the asset purchases.

In addition to this, the BOJ will also conduct a comprehensive review that will evaluate the effectiveness of the central bank’s monetary policy measures, contributing to increase the importance of this week’s meeting. There would be strong market interest around BOJ monetary policy decision and hence, could eventually turn out to be the next potential driver for volatility in the FX market.

The next big question is how the Japanese Yen would react to BOJ decision. The market seems to be approaching the big event with expectations for a dovish outcome and hence, yet another disappointment is going to be highly Yen positive.

Here are some key technical levels for important JPY pairs - USD/JPY, EUR/JPY and GBP/JPY.

 

USD/JPY

USDJPY

Despite of its recent bounce back above 50-day SMA, the pair failed to clear 104.30-40 resistance area (61.8% Fibonacci retracement level of the decline from July highs), signaling a lack of follow-through buying interest. The pair, however, has held 23.6% Fibonacci retracement level support near 101.40-20 region and has been stuck in a broad trading range between 103.00-101.00 area. Hence, it would be prudent to wait for a decisive break through the ongoing trading range before confirming the next leg of direction move for the pair.

On a sustained weakness below 101.00 handle, the pair is likely to accelerate the slide immediately towards 100.00 psychological mark below which a fresh leg of weakness would pave way for continuation of the near-term downward trajectory towards its next major support near 97.00 region. Post-Brexit swing low near 99.00 level might provide some intermediate support.

Alternatively, a follow-through buying interest back above 50-day SMA, leading to a subsequent move through 103.00 handle, the pair seems all set to make a dart beyond September monthly high resistance near 104.30 and head towards 100-day SMA resistance near 104.60 region. A convincing strength above 100-day SMA for the first time since early February should open room for an additional near-term appreciating move for the pair towards 106.00-25 resistance and the momentum could further get extended towards its next major resistance near 107.50 region (July swing high).

 

EUR/JPY

EURJPY

Having broken below 61.8% Fibonacci retracement level support of July 2012- Nov. 2014 bullish run, the pair has failed to register any meaningful recovery and has struggled to sustain its move back above the said support break-point. Moreover, the cross has been oscillating within a short-term symmetrical triangular formation on daily chart, indicating a consolidation phase before a resumption of the previous weakening trend.

From current levels, a short-term ascending trend-line near 113.75-70 area seems to protect an immediate downside, which if broken decisively is likely to drag the pair immediately towards 112.60-50 support before the pair eventually drops to retest July daily closing lows support near 111.00 handle.

On the flip side, rebound from ascending trend-line support and a subsequent momentum above 114.40-50 resistance is likely to get extended towards 115.40 intermediate resistance en-route the symmetrical triangular formation resistance near 116.00 handle. A sustainable break above 116.00 resistance would negate any near-term bearish bias and help the pair immediately towards 100-day SMA resistance near 117.00 handle before attempting a move towards post-Brexit recovery swing highs resistance near 118.40-45 region.

 

GBP/JPY

GBPJPY

The cross has plunged below an important confluence support near 135.00 psychological mark, comprising of 38.2% Fibonacci retracement level of the advance from August lows, 20-day and 50-day SMAs. Hence, a follow-through selling pressure below 61.8% Fibonacci retracement level support near 132.80-75 zone is likely to turn the pair vulnerable to accelerate the downslide towards 131.00-130.80 horizontal support. On a sustained weakness below 131.00 handle, the pair could further depreciate back towards post-Brexit swing lows support near 129.00 region.

Meanwhile, on the upside, the cross needs to move and sustain its strength back above 135.00 mark in order to increase the prospects of further up-move in the near-term. On a convincing move above 135.00 level, also coinciding with a short-term descending trend-line resistance, should boost the cross immediately towards 137.00 round figure mark before making a fresh attempt to retest monthly high resistance near 138.50 region.

Source: fxstreet.com

lastest Articles

Market Analysis
Bitcoin Price Prediction: BTC slips into “Buy the Dip” Zone
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Eyes on August lows of $1863 ahead of US PMIs and round two Powell
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: US dollar’s haven demand in vogue ahead of a busy day
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold remains on track to test the August low of $1863
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Forecast: Bears now eyeing a sustained break below 1.1700 mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar buoyant ahead of Powell, UK PM Johnson’s COBRA meeting eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Futures: Still room for extra gains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Forecast: Further consolidation looks likely ahead of Fed speakers
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: US dollar sags amid fiscal overhang, mounting coronavirus risks
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – No ease up for Powell
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BOE Quick Analysis: Bailey blasts sterling with specter of negative rates, why more falls are likely
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s De Guindos: Euro exchange rate is fundamental for inflation
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Fed drives dollar higher, gold and stocks lower, BOE, jobless claims eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold aims $1980 as focus shifts to Wednesday’s FOMC
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD to surge to 1.40 by September-2021 – UBS
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Upbeat Chinese data boosts mood, Boris' bill passes first hurdle, Gold shines
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – More stimulus on the way?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's Lane: Euro's rise dampens inflation outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: King dollar holds the rein amid cautious optimism, eyes on US CPI
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Forecast: Euro set to fall? ECB expectations may be overconfident
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Brexit in deep crisis, vaccine hopes resurface, all eyes on the ECB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Brent Oil resumes its core bear trend
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Muller: A timely exit from temporary emergency measures is important
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Vaccine trial halt exacerbates risk off mood, Brexit, BOC, and US fiscal talks eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD drops further and approaches $1,900/oz
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin Price Update: BTC bulls ready to strike back once $11,000 is cleared
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Hard-Brexit fears pound the Pound, Dollar bid on US-Sino woes
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD risks deeper pullback as 1.20 peak looks far
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Downside appears more compelling while below $1946 – Confluence Detector
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar stabilizes in the NFP aftermath, Oil tumbles amid holiday-thinned trading
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead - Trump Closing the Gap
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Nonfarm Payrolls Preview: Fed’s policy shift to introduce vital noise
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold rebounds from weekly lows, turns neutral around $1945 region
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD trims losses and regains 1.1850 post-US ISM
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Fed's Williams: Policymakers seek inflation that targets 2% over time
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin Cash Market Update: BCH fork is inevitable as Bitcoin ABC team separates from the project
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar climbs back from the abyss, ADP NFP, Fed speakers awaited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Bring on the Jobs Report
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Jackson Hole Goes Virtual
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead - The focus remains on COVID-19, the Fed and Congress
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold up, dollar down amid stalled fiscal talks, vaccine hopes, ahead of jobless claims
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead- Is the economic recovery stalling?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar licking its wounds, gold gives ground, ahead of the all-important Fed decision
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – What more can the Fed do?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin Market Update: BTC/USD hits a pause button before another bullish assault
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: Potential correction ahead of further gains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: China's payback weighs on markets, boosts dollar, PMIs, coronavirus figures eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD: Technicals show bulls have the upper hand
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Correction in sight after reaching nine-year highs
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar licking its wounds, gold shines, US coronavirus cases eyed after Trump's U-turn
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold jumps to fresh multi-year tops, beyond $1820 level
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: EUR/USD sells the fact, Gold looking strong, Trump's coronavirus briefs make comeback
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Bitcoin Market Update: BTC fails to live up to the status of digital gold
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
S&P 500 Futures Price Analysis: Bears retain control after rejection at falling trendline resistance
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: EU leaders can’t reach an agreement on the EU rescue fund
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Focus remains on Virus Spread, Fiscal Stimulus, Rebounding data, and Earnings
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD continues to look at the 1.1495 March high
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
AUD/USD to remain resilient in the near-term
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates ahead of EU Summit, updated look at the US consumer amid rising cases
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold probes multi-day lows around $1,790/oz
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: A test of 1.1420 appears closer
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: US dollar seizes control as risk aversion returns, a busy docket ahead
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold to stay above $1800 fueled by lower real rates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB expected to keep rates unchanged
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Vaccine, earnings optimism downs the dollar; eyes on COVID-19 stats, BOE’s Bailey
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Bring on Earnings Season
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Upside looks limited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Lagarde: Economic recovery would be constrained, uncertain and fragmented
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold eyeing $1,800, dollar mixed, as coronavirus, Hong Kong peg move markets
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Holds steady above $1775 level, bullish bias remains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BOJ to project economic recovery in report next week – Reuters
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Chinese optimism downs dollar as investors ignore US coronavirus, data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Economic Reopening Continues
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Stocks' strength, dollar downing face Non-Farm Payrolls test as Trump endorses masks
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE's Haskel: Activity appears to be coming back faster than anticipated
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
GBP Bank Account
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold shines, markets look for direction after a successful Q2, ahead of busy start to Q3
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold eases below $1770 level, downside seems limited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Europe fights coronavirus and stuns the dollar
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Markets attempt to shrug off grim coronavirus developments
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Jitters Continue into Busy Week
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar Index clings to gains near 97.50 ahead of data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Lagarde: Economic recovery will be a complicated matter
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold sticks to the positive outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: Focus now shifted to 1.1170
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates, gold shines as coronavirus rages in the US, triple data release eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: Rising bets for a test of 1.1400 and beyond
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD recedes from tops above 1.1300
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Falling US Real Yields fuels bull trend towards new highs at $1921 – Credit Suisse
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk rides the Navarro rollercoaster, Eurozone/ UK PMIs, virus stats in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE is seen increasing further the size of QE – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk-recovery back in play, US dollar recedes with second-wave virus fears
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Markets play tug-of-war with Covid-19 concerns and reopening momentum
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Coronavirus, weak data outweigh reopening optimism, BOE, jobless claims eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's de Guindos: Better if EU aid is distributed via grants rather than loans
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD slumps toward $1,710 on improving risk sentiment
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar up as health, geopolitics replace consumer optimism, Powell, COVID-19 data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold clings to modest daily gains, around $1730 area
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Double stimulus talk downs dollar ahead of Powell's power-play, US retail sales
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Coronavirus concerns trigger dollar domination, commodity currencies climb down
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613