AUDJPY
Australian Dollar / Japanese Yen
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Aussie Extends Gains on Jobs Data
#OPINIONLEADER# The Australian dollar is in positive territory for a second straight day. In the European session, AUD/USD is trading at 0.7233, up 0.30% on the day. On the fundamentals front, Australian employment numbers were sharp. In the US, it’s a relatively quiet day, highlighte
Nasdaq Leads the Rally, Jobless Claims Hit 3-Month High
#OPINIONLEADER# The tech heavy Nasdaq is set to lead the charge higher as Fed fears ease and ahead of Netflix earnings. Jobless claims unexpectedly rise to a 3-month high as Omicron cases surge. US futures Dow futures +0.4% at 35170S&P futures +0.51% at 4554Nasdaq futures +0.94% a
What Currency Pair is the Most Difficult to Trade?
#OPINIONLEADER# If you were to look into any Forex trading guide, you’d get a recommendation to trade on major currency pairs only — at least until you get comfortable with trading and see some profits. However, not many of them explain what is wrong with the more exotic currency pair
Two trades to watch: USD/JPY, GBP/USD
#OPINIONLEADER# USD/JPY falls in risk off trade USD/JPY is heading lower for a third straight session. Risk off trade is boosting demand for the safe haven yen in addition to a tick higher in Japanese inflation to 0.8% YoY in December, up from 0.6%. The minutes from the latest Bo
Dollar Softens after Poor Jobless Claims, Aussie Staying Strong
#OPINIONLEADER# Dollar turns softer in early US session after much worse than expected jobless claims data. Euro is closely following as next weakest and then Swiss Franc. On the other hand, Australian Dollar is extending post-job data gains. Canadian Dollar is also firm on oil prices
Daily Forex Analysis (20 Jan 2022) with LCMS Traders
#OPINIONLEADER# Time stamps for today’s currency call: Summary of the recent Bank of Japan Meeting with Gimmy: 02:06 Inflation data analysis for JPY: 08:16 Upcoming Economic News relevant to the JPY pairs :10:15 USDJPY chart analysis and trade idea: 15:25 EURJPY chart analysis and tra
These Green Cryptocurrencies Should Be On Your Radar In 2022
West Virginia Senator Joe Manchin recently dealt a blow to the Biden administration with regard to its environmental, aka green agenda, when the Senator said he would vote no on the President's $1.9 trillion Build Back Better initiative. The legislation included items that would shift the US from fo
Daily Forex Analysis (20 Jan 2022) with LCMS Traders
#OPINIONLEADER# Time stamps for today’s currency call: Summary of the recent Bank of Japan Meeting with Gimmy: 02:06 Inflation data analysis for JPY: 08:16 Upcoming Economic News relevant to the JPY pairs :10:15 USDJPY chart analysis and trade idea: 15:25 EURJPY chart analysis and tra
Stocks Fail to Recover, Dollar Remains Resilient
#OPINIONLEADER# Elevated yields favour dollar, Canadian inflation in spotlight Primary market focus remains centred around the Fed and how it will tackle inflation, with market participants juggling the premise of how many rate hikes will unfold this year. Expectations almost ‘guarant
USD/JPY Struggles to Bounce
#OPINIONLEADER# The yen softened after the Bank of Japan signaled no shift in its ultra-loose monetary policy. The US dollar bounced off the critical floor at 113.50 from the daily chart. A bullish RSI divergence revealed a deceleration in the downward impetus. The indicator’s oversol
Pull-up Update