USD/JPY looks to July highs with 140.00 also in sight
The dollar is keeping firmer across the board, building on the momentum at the end of…
Continue ReadingBritish energy regulator Ofgem lifts gas, electricity price cap by 80% to £3,549
Winter is coming and the energy headlines from Europe isn’t getting any better. The price cap…
Continue ReadingEuropean equities open higher to start the day
Eurostoxx +0.3% Germany DAX +0.5% France CAC 40 +0.5% UK FTSE +0.4% Spain IBEX +0.5% It’s…
Continue ReadingAUD/USD Forecast: Continues to Wait for Jackson Hole
The AUD/USD has fallen a bit during the trading session on Wednesday as the market continues to drift…
Continue ReadingUSD/JPY: Persistent Ability to Trade Higher and Opportunity
The USD/JPY is trading near the 1.36700 vicinity as of this writing. On the 23rd of August…
Continue ReadingDollar looks to exert more control again ahead of European trading
The plunge in the dollar yesterday came after a rather abysmal US services PMI reading in which if…
Continue ReadingA rather empty calendar day beckons in Europe
The dollar was pushed lower after an appalling US services PMI reading yesterday but is looking to…
Continue ReadingPMI data to cement euro’s trip below parity
Well, it is official. EUR/USD closed below parity yesterday as price fell to its lowest since…
Continue ReadingLight changes to kick start the day
Stocks were battered yesterday while Treasury yields climbed, as the dollar continues its ascend with EUR/USD…
Continue ReadingEurostoxx futures -0.3% in early European trading
German DAX futures -0.4% UK FTSE futures -0.2% Spanish IBEX futures -0.2% It’s not a good…
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