GBP/JPY picks up above 213.00 on another suspected Japan intervention The Pound (GBP) has turned positive on the daily chart against the Japanese Yen (JPY) on Friday, trading at levels a few pips above 213.00 at the time of writing, up from session lows at 211.78 earlier in...</p
The Pound (GBP) has turned positive on the daily chart against the Japanese Yen (JPY) on Friday, trading at levels a few pips above 213.00 at the time of writing, up from session lows at 211.78 earlier in the day. The Pound (GBP) has turned positive on the daily chart agai
Japanese Yen gives back gains against US Dollar, ISM PMI data eyed The Japanese Yen (JPY) gives up gains recorded in the early European trade against the US Dollar (USD) during the early North American trading session on Friday. Japanese Yen gives back gains against US Dol
ECB’s Makhlouf: Will pay attention to indirect effects of higher energy prices European Central Bank (ECB) governing council member and Governor of the Central Bank of Ireland, Gabriel Makhlouf, said in his blog on the Irish central bank's website on Friday that he will be...</p
FX markets steal the limelight, as US stocks start May on a high note The main focus on Friday is the FX markets, as the fallout from the energy price spikes cause havoc in currency markets, particularly in Asia. FX markets steal the limelight, as US stocks start May on a
Inflation expectations need to be closely monitored for signs of de-anchoring Worried that energy prices may stay higher for longer without a clear timeline for end to Middle East conflict Will be paying close attention to indirect effects of higher energy prices That being how...</strong
USD/JPY: Intervention buys time as risks persist – MUFG MUFG’s Derek Halpenny argues that recent Japanese authorities’ action around the 160 level in USD/JPY likely reflects renewed intervention, with the move seen as buying time for the BoJ and government as they face Middle...<
MUFG’s Derek Halpenny argues that recent Japanese authorities’ action around the 160 level in USD/JPY likely reflects renewed intervention, with the move seen as buying time for the BoJ and government as they face Middle East uncertainty and domestic cost-of-living concerns.
Silver Price Forecast: XAG/USD steadies above $73, after rejection at $75 Silver (XAG/USD) is trading within the lower ranges of the $73.00s during Friday’s European session following rejection at a previous support area around $75.00 earlier on the... Silver Price Forecas
EUR/GBP: Confusing picture on BoE communication – ING ING’s Chris Turner describes Sterling price action as confusing after the Bank of England’s latest communication. EUR/GBP: Confusing picture on BoE communication – ING ING’s Chris Turner describes Sterling price action