Market News

MARKET NEWS

January 28, 2022
GBP/JPY tracks sustained break above 154.75 amid impending bearish crossover

GBP/JPY tracks sustained break above 154.75 amid impending bearish crossover GBP/JPY builds on three-day bullish momentum as bulls eye maintains movement above recent highs near 154.75. The ongoing recovery over the past decade can be attributed to the Fed’s hawkish outlook on interest rates and a shrinking balance sheet, which sent USD/JPY up sharply along

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January 27, 2022
USD/JPY takes the bids to refresh weekly top, jumped the most in 14 days post-Fed.

USD/JPY takes the bids to refresh weekly top, jumped the most in 14 days post-Fed   USD/JPY justifies hawkish Fed showdown whilst taking the bids close to 114.75, up 0.15% intraday to refresh weekly pinnacle as Tokyo opens for Thursday. The yen pair rose the maximum in 3 weeks after the United States Federal Reserve

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January 26, 2022
XAU/USD is in a bullish zone near the key $1,850 level

XAU/USD is in a bullish zone near the key $1,850 level Gold (XAU/USD) remains in bullish territory near the psychological $1,850 level as the market awaits key Federal Reserve results during today’s midday New York session. On the other hand, the US dollar is under pressure to test the resilience of the 96 figure in

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January 25, 2022
NZD/USD hit by a toxic cocktail with risk themes

NZD/USD hit by a toxic cocktail with risk themes Down around 0.15%, NZD/USD is currently trading near 0.6690 and is moving between a low of 0.6670 and a high of 0.6709. Escalating tensions between Russia and Ukraine became the driving force as investors pounced on the Federal Reserve on Wednesday, As a result, the S&P

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January 21, 2022
USD/JPY renews weekly lows below 114.00 as profits drop, BOJ Minute

USD/JPY renews weekly lows below 114.00 as profits drop, BOJ Minute USD/JPY remains down for the third day in a row, down 0.30% on the day around 113.85 when Tokyo opens on Friday. The yen pair depicts market risk aversion while tracking falling Treasury yields and equities. Concerns about a hawkish appearance by the US

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