Japanese Yen Surges Amidst Potential Interventions

I sense that the first quarter of this year will be marked by the realization that it’s too early for the central banks to cut the interest rates unless something really bad – like another bank crisis, or a real estate crisis, or another debt crisis hits the fan. Because March – where market prices […]

GBPCHF falling inside minor impulse wave a Likely to fall to support level 1.0900 GBPCHF continues to fall inside the minor impulse wave a of the B-wave which started earlier from the key resistance level 1.1060 (which reversed the pair multiple times in December). The resistance level 1.1060 was further strengthened by the upper daily […]

Summary Data released since the last FOMC meeting on July 31 make a compelling case for the Committee to begin easing the stance of monetary policy at its upcoming meeting on September 18. Inflation remains a bit above the Fed’s target of 2%, but momentum in consumer prices clearly is slowing. Meanwhile, the labor market, […]