Gladys
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CAD/JPY accumulates more bearish energy [Video]
The CAD/JPY pair turned to the downside in the short term as the Japanese Yen Futures rebounded. In the short term, it has changed little as the traders are waiting for the Canadian GDP. The economic indicator is expected to report a 0.4% growth in January versus a 0.0% growth in December. Better th
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Japan’s Top FX Diplomat Kanda: Won't rule out any steps to respond to disorderly FX moves
Following the tri-party meeting between the Bank of Japan, Ministry of Finance (MoF) and Financial Services Agency (FSA) on Wednesday, Japan’s top currency diplomat Masato Kanda said that he “won't rule out any steps to respond to disorderly FX moves.” Additional comments Recent Yen moves are not re
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WTI gains ground near $82.00 amid weaker US Dollar, supply concerns
WTI prices gain momentum on the softer USD and supply concerns. Disruptions to oil refineries in Russia by recent attacks, support the upward trajectory of WTI prices. The delay of interest rate cuts by the US Federal Reserve (Fed) might cap the upside of WTI prices. The US February PCE report on Fr
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Wall Street Might Turn Lower At Open
The investors will keep an eye on Fed Chair Jerome Powell's remarks on Friday morning and other Fed speeches scheduled for the day. No major economic announcements are there to focus. Early signs from the U.S. Futures Index suggest that Wall Street might open lower. Asian shares finished broadly dow
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EUR/USD: Unlikely to fall much further before bottoming out – ING
EUR/USD extends its downside. Economists at ING analyze the pair’s outlook. Manufacturing concerns deepen Eurozone PMIs continued to paint a grim picture for the region’s manufacturing outlook. That is not hugely relevant for the FX market, anyway. The soft economic outlook in the Eurozone has been
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