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Latest News
USD/JPY Triangle, EUR/JPY Inverse H&S Point to Weaker Yen Soon The US Dollar looks like its in good condition even if it experiencing a small pullback, and the Euro could run higher as a result. Yet both EURJPY and USDJPY look like they want higher.
Gold Climbs On Ukrainian Turmoil, Crude Oil Cautiously Recovers Crude oil continues its cautious recovery on the back of bumper US economic data, while upcoming US inflation data may offer gold guidance via its USD pairing.
Euro Looking for a Lifeline in Inflation Data as ECB Meeting Looms The Euro is looking for a lifeline in Augusts’ inflation data amid churning stimulus expansion bets ahead of next week’s ECB monetary policy announcement.
Slowing Euro CPI to Heighten Bearish EUR/USD Outlook Ahead of ECB A greater threat for deflation may spark fresh lows in the EUR/USD as it puts increased pressure on the European Central Bank (ECB) to ease policy further.
Dollar Slips But Yet to Break Ahead of Key Inflation Data, Next Week’s NFPs The onus for volatility will either rest with a major risk-based shift into the end of the week (highly unlikely) or the pickup in data next week (including NFPs) alongside a return in liquidity.