Birrell
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BoJ failed to stop collapsing Yen, triggering a fake out move lower
EU Mid-Market Update: BOJ failed to stop collapsing yen, triggering a fake out move lower; Big US tech earnings lift futures on Wall Street. Notes/observations - Traders attempt to call bluff on intervention talk after uneventful BOJ decision and lack of firm commentary from Gov Ueda, as yen weakene
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Forex Today: Japanese Yen falls on BoJ inaction, focus shifts to US PCE inflation
Here is what you need to know on Friday, April 26: The Japanese Yen (JPY) stays under bearish pressure and trades at its weakest level in over three decades against the US Dollar following the Bank of Japan's (BoJ) decision to leave the monetary policy settings unchanged. Later in the day, the US Bu
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Oil edges up as US inventories decline to lowest level since January
Oil briefly spikes after US weekly EIA data showed a big decline in stockpiles. WTI Oil snaps $83, but faces resistance to break back above it again. The US Dollar Index retreats further, forming a bearish pattern. Oil prices edge up on Thursday as traders digest the US Crude Inventory release, whic
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Hawkish Fed? Wait a minute...
#USD/CAD# Fundamentals & Sentiment USD: - USD is overbought according to CFTC, and CAD is oversold; Even if the buck is going higher in the medium term, it's time to cover some longs! - love USD short exposure in case of BoJ intervention CAD: - Inflation Expectations Differential -
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WTI holds below $82.00 on easing Middle East tensions, hawkish Fed
WTI loses momentum to nearly one-month lows of $82.00 on Tuesday. Easing tensions between Israel and Iran limits the WTI’s downside. A large build in the US stockpile in recent weeks and a hawkish Fed weigh on the black gold. Western Texas Intermediate (WTI), the US crude oil benchmark, is trading a
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Pull-up Update