Gold Makes Significant Bullish Breakthrough On Soft Dollar
Thanks to soft US economic data of late, expectations about an aggressive rate hiking cycle by the Fed has diminished.
Yen
Commodities – Metals, Crude Oil Rebound
Commodities price are firmer today with base and especially precious metals ending a bad run off losses, while crude oil has extended its gains from the day before when it rallied sharply on the back of the weekly US oil inventories report.
Dollar Eases On Profit-Taking Ahead Of An Important Week
Black Friday means financial markets will close earlier than usual today, but don’t despair as there is a lot to look forward to next week.
USDJPY Forecast October 17, 2016, Technical Analysis
The USDJPY pair initially rallied during the course of the session on Friday, but turned around to form a bit of a shooting star.
USDJPY Forecast August 31, 2016, Technical Analysis
The USDJPY pair broke higher during the course of the session on Tuesday, breaking above the top of the shooting star from the Monday session. Because of this, I believe that the market is going to continue going higher, as the Bank of Japan has worked against the value of the Yen and of course the Federal Reserve looks much more likely to potentially raise interest rates in the fairly
Yen Index Rises After BOJ Disappoints
The Yen index continued to rise overnight as the markets absorbed news from the two day meeting of the Bank of Japan, with the general tone being one of disappointment, and the yen (FXY, quote) strengthening as a result.
USDJPY Now Has 100 In Sight
It was yet another interesting week for the USD, which continued to remain firmly in the control of the bears, with the pair closing the week on a wide spread down candle as pressure continues to build on the pair.
USDJPY Forecast December 7, 2015 Technical Analysis
The USDJPY pair bounced during the day on Friday as the employment numbers came out much stronger than anticipated.
USDJPY Forecast November 23, 2015, Technical Analysis
The USDJPY pair went back and forth during the day on Friday essentially settling nothing.
Trick Or Treat From The FED?
As the month of October draws to a close, and with the ghouls and ghosts of Halloween preparing to frighten and alarm in equal measure, it is the trick or treaters at the