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Technical Outlook

Yen Weakens as Fed/BOJ Rate Gap Widens Further

English Analysis Mar 19, 2024
The USDJPY pair surged nearly 1% following a significant policy shift by the Bank of Japan (BOJ), signaling a dovish stance that suggests any future tightening of policies will be gradual. This move accentuates the already substantial…
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Central Banks

Bank of Japan Lifts Interest Rates for the First Time in 17 Years

English Analysis Mar 19, 2024
After nearly a decade of maintaining negative interest rates, the Bank of Japan (BOJ) has opted for a significant policy shift. This marks a departure from its previous strategy of stimulating economic growth through extensive monetary…
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Technical Outlook

Oil prices are on an upward trajectory, buoyed by an optimistic demand forecast.

English Analysis Mar 14, 2024
The price of WTI oil surged on Thursday, surpassing the significant psychological threshold of $80 and aiming for its first daily close above this mark since November 6th. Positive sentiment in the near term received a boost…
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Technical Outlook

GBPUSD maintains a positive outlook ahead of key US data releases.

English Analysis Mar 14, 2024
In early Thursday trading, the Cable is testing above the 1.2800 level, suggesting that the recent shallow correction from its recent 8-month high of 1.2893 may have run its course The two-day pullback found support around the rising…
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Technical Outlook

Gold prices fall from record highs, near $2,150 after hot CPI data

English Analysis Mar 13, 2024
Gold prices steadied in Asian trade on Wednesday, but were nursing a tumble from record highs after a strong U.S. inflation reading kept fears of higher-for-longer interest rates in play The yellow metal was also hit with a degree of…
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Technical Outlook

Oil higher on strong US demand, Fed policy in focus

English Analysis Mar 13, 2024
Oil prices surged on Wednesday, buoyed by robust global demand projections, particularly from the United States, the world's leading consumer of oil. Despite lingering concerns about inflation in the U.S., market sentiment remained largely…
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Lastest Posts
  • BTCUSD – recovery gathers pace, shifting attention to key near-term resistance levels

  • AUDUSD extends its rally for the eleventh consecutive session

  • Cable jumps higher on weaker-than-expected US ADP payrolls

  • US private sector payrolls saw a sharp decline in November, according to ADP data

  • Eurozone services sector growth strengthened further in November – PMI

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