US 100 Index Rally Loses Steam

Summary Election Day is in the rearview mirror. Although the outcome of every race has not yet been determined, the outlook for control of Congress and the White House has become considerably clearer. Donald Trump has been elected President of the United States. Republicans have picked up a majority of at least a few seats […]

USDJPY continues to trend lower as dollar was deflated by growing bets for Fed’s rate cut in coming months, while yen rallies on strong signals that the Bank of Japan could start raising interest rates this month, with scenario being boosted by solid Q4 GDP data, which show that economy remains resilient and likely avoided […]

GBPUSD moves sharply down on the first trading day of April 2024 neutral trajectory valid above 1.2500 GBPUSD plummeted to a six-week low of 1.2538 as investors returned from the Easter holiday break, re-establishing the downward pattern from the March high. Given the price’s position at the bottom of the 2024 range and around the […]