Tag: EURJPY
EURJPY: Euro Weakness and Yen Powerlessness
The US Dollar is weaker, after the ADP employment data report lowered the odds of the Fed raising interest rates later in the year....
Market Update – June 7 – Stocks at 2023 Highs, Weak Chinese Data ...
The USDIndex rotates around 104.00 holding its positive bias, emerging market currencies weaker (USDTRY at record high 22.7200) Stocks closed positively with US500 at...
Market Update – March 15 – Can the bounce back hold?
The USD tested into 20-day lows again as Stock markets recovered (NASDAQ +2.14%) from 3 big down days following the SVB shock. US CPI...
EURJPY Ahead of Kazuo Ueda’s Testimony
After the Emperor's birthday passed, the Yen had limited movement. On Tuesday, the BOJ maintained its YCC limits, buying ¥400bn worth of bonds, and...
Market Update – October 4 – Stocks Bounce, Yields Fall, RBA Springs a Surprise
USDIndex – Descends into 111.50, support area, and under 9-day EMA for first time since September 19. Yields slipped significantly (US 10yr @3.65%)...
EURJPY: ECB and BOJ Policy Divergence
ECB President Christine Lagarde's speech today at the ECB Forum was largely a rehash of what she communicated at the ECB press conference earlier...
