rate hike
This Week: Yen bulls may have more room to run
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11 MAR clock 12:55

This Week: Yen bulls may have more room to run

JPY has been the best-performing G10 currency against the US dollar, not just for today, but also so far in March 2024. Two critical events this week could further boost the Japanese Yen.
USDJPY tests 200-day SMA resistance after BoJ summary of opinions
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27 DEC clock 14:38

USDJPY tests 200-day SMA resistance after BoJ summary of opinions

USDJPY should be able to preserve its downtrend as long as markets still expect the Bank of Japan to exit its negative interest rates regime in 2024, while the Federal Reserve lowers its benchmark rates.
BRN oscillates around $87 amid growing geopolitical risks
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13 OCT clock 11:21

BRN oscillates around $87 amid growing geopolitical risks

BRN bulls are restoring gains fueled by the unfolding conflict in the Middle East and tightening global supply.
XAUUSD continues trek back to $1900 despite higher CPI
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13 OCT clock 11:15

XAUUSD continues trek back to $1900 despite higher CPI

Gold bulls pushed back even after Thursday’s higher-than-expected headline CPI reading to preserve gains following the outbreak of the Israel-Hamas war.
SPX500_m dips after higher headline CPI
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12 OCT clock 14:51

SPX500_m dips after higher headline CPI

The slight uptick in the September US consumer price index is prompting S&P500 bulls to ramp up expectations for another Fed rate hike.