USDJPY consolidates after sharp post-intervention fall; key supports still hold
USDJPY consolidates within a wide range on Friday after falling over 3% after intervention of Japan’s authorities, aiming to support weakening yen on Thursday.
Friday’s action moves within daily Ichimoku cloud (158.49/160.59) shaped so…
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Bank of England kept rates on hold, as expected
The Bank of England kept interest rates unchanged at 3.75% in its July policy meeting, as widely expected, but MPC members voted 6-3 instead of expected 7-2 configuration to back today’s decision, expressing more divided stance of…
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BRENT OIL – recovery faces headwinds but holds grip for now
Brent price rose for the second straight day on Thursday as fresh escalation of US / Iran conflict faded recent optimism of potential diplomatic initiative and revived fears about potential supply disruption.
Oil price peaked at $93.33…
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USD INDEX regains traction after post-Fed drop as worsening geopolitical situation is expected to…
The dollar regained traction in early Thursday trading and recovered part of Wednesday’s post-Fed 0.6% drop, which pushed the US currency to the lowest since July 20.
The US central bank left rates unchanged at 3.50%/3.75% range as…
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GOLD remains at the back foot ahead of Fed, inflation data
Gold price eases for the third straight day and retests very important $4000 support on Wednesday, as initial enthusiasm about diplomatic action replacing hostilities in the Middle East, faded after fresh attacks of US / Saudi armies on…
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EURCHF continues to trend higher as Swiss Franc remains pressured by low interest rates
EURCHF hit new highest level in nearly seven months, following the latest acceleration higher on Tue/Wed, extension of larger uptrend.
The Swiss Franc remains under pressure due to low interest rates, with the latest rumors that the SNB…
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Australian dollar slides on softer than expected inflation
Aussie dollar fell nearly 0.5% on Wednesday morning, following softer than expected Australian CPI data (Q2 3.9% from Q1 / forecast 4.1% and monthly indicator Jun 3.8% vs May / forecast 4.0%) that almost sidelined expectations for rate…
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Oil prices fall 10% as US and Iran pause attacks
Brent price fell over 10% on Monday (down 5.5% on opening) driven by fresh wave of optimism after US and Iran paused hostilities, reviving hopes that diplomacy may replace attacks and lead towards possible solution.
The action came at…
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GOLD benefits from the latest easing of tensions in the Middle East
Gold was among the gainers at the start of the week, as the metal started trading on Monday with gap higher and advanced around 1.5% in Asian trading.
Softer rhetoric in geopolitical front, after US and Iran paused hostilities, opening…
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USD INDEX – bulls eye 2026 high
The dollar consolidates after Thursday’s 0.35% jump but keeps firm tone and remains on track for weekly gain of over 0.5%.
Bulls regained traction after two-legged pullback from new 2026 peak (101.55) registered a false break below…
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