EUR/JPY rose to highs since early September, around 158.90
Share: EUR/JPY rose to a daily high of 158.92 and then settled at 158.60. Indicators suggest that the buyers have the upperhand in the short term, but momentum…
Market Update – October 18 – Data Fuels Higher-for-Longer Bets
Asian equities followed US stocks lower after strong retail data. Treasury yields continued to shoot higher, reaching new cycle peaks. Data revived fear of an…
Stars Remain Aligned for Further Strength, Key WTI Levels
CRUDE OIL PRICE OUTLOOKOil prices fall for the second day in a row, but the fundamental outlook remains constructiveGeopolitical tensions in the Middle East continue to be supportive of some…
CNN Manu: Jim Jordan says will force a vote on the floor tomorrow with or without votes
CNNs Manu is reporting that:Jim Jordan said he will go to the House floor and force a vote tomorrow at noon even if he doesn't have the 217 votes initiallyHe…
GBP/JPY sees additional losses for Friday, ends the week near recent lows at 181.60
Share: The GBP/JPY extended losses into Friday trading, tapping into 181.27 and ending the week on the low side. The Pound Sterling rose to 183.82 in the mid-week,…
Market Update – October 13 – OIl & Gold rise, USD falls
Stock markets sold off across Asia, after a weaker close on Wall Street. Rate hike concerns picked up again in the wake of the hotter…
FTSE 100, DAX 40 and S&P 500 Capped by Key Resistance on Uptick in US inflation???
Article by IG Senior Market Analyst Axel RudolphFTSE 100, DAX 40, and S&P 500 Analysis and Charts???FTSE 100 capped by resistance??The FTSE 100 has seen six consecutive days of gains,…
ECB accounts: Solid majority expressed support for 25 bps rate hike in September
Emphasis was also paced on upward revisions to headline inflation projectionsA pause would have given rise to speculation that tightening cycle was overNot hiking could also send a signal of…