myway1985

Asian markets are buoyant ahead of the US labour report as US Treasury yields continued to decline on Thursday, anticipating a softer US non-farm payrolls release. There is some market speculation that Fed Chair Powell let the NFP cat out of the bag during his relatively dovish presser. The dovish P

The Greenback could not sustain the initial optimism and succumbed to further selling pressure amidst renewed strength in the Japanese yen and steady prudence ahead of the release of US Nonfarm Payrolls on Friday. Here is what you need to know on Friday, May 3: The USD Index (DXY) added to the post-

AUD/USD clings to gains above 0.6500 as the US Dollar struggles to recover the Fed’s policy-generated losses. The Fed remains hopeful for rate cuts despite progress in disinflation has stalled. Stubborn Australian inflation fuels prospects of RBA delaying rate cuts. The AUD/USD pair holds gains abov

Asia market update: Hang Seng shines in Asia again as markets catch breath after price whipsawing post-FOMC, incl. another 5 Big Figure Yen drop; Asia PMI day. General trend - US news and data dominated the aftermath in Asian trading, as generally quiet markets caught their breath after volatile tra

Markets Tuesday saw U.S. stocks closing considerably lower as investors grappled with economic indicators indicating increasing labour costs and a decline in consumer confidence, all coming ahead of a crucial Federal Reserve policy meeting aimed at determining the trajectory of interest rates. Amid

Summary The Q1 reading for the Employment Cost Index (ECI) was yet another data point suggesting that progress on inflation is stalling out. The ECI is the Fed's preferred measure of labor cost growth, and the 1.2% quarter-over-quarter increase was stronger than consensus expectations for a 1.0% gai

USD/JPY 's climb to current 158.00's is the result of interest rates travel from deeply negative to current positive. The JGB yield curve from short rates just achieved the necessary and proper rates last Thursday. The massive readjustment just achieved positive and proper levels after 1 month since

The daily RSI shows strong buying momentum for the NZD/JPY, moving deep in positive territory. Parallelly, the daily MACD indicates green bars on a rising tendency, suggesting growing buying traction. A possible market correction may be imminent, as the daily RSI reaches near-overbought conditions.