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USD/JPY inches towards April high as Japanese Yen loses safe-haven appeal amidst easing Middle East tensions. Geopolitical risks have not gone away completely, new Omicron variant an outside threat. Friday is likely to be a big day for USD/JPY with the BoJ meeting and US PCE inflation data. The USD/

Instead of putting in at least a couple of hours upswing, S&P 500 again started selling off early in the US session. First tech, then communications, and finally a few cyclicals caved as well (financials, and then way behind energy, materials and healthcare). Heavy selling again won, and it was

XAUSSD Trader

Along with rising speculation of EUR/USD approaching parity, the old question of how the European Central Bank should react to exchange rate movements is returning. We think that the falling euro is not the ECB’s biggest concern on the road to a June rate cut; other factors can lead to a further dep

A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased in line with economist estimates in the month of March. The Fed said industrial production climbed by 0.4 percent in March, matching the upwardly revised advance in February. Economists had expecte