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EURJPY recoups previous losses Rebounds off ascending trend line Surpasses short-term SMAs Oscillators gain momentum EURJPY is flirting with the 167.00 round number after the bounce off the long-term rising trend line and the 164.00 handle. The pair has been developing within an upward tendency since the beginning of December with no violations of the […]

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17/09/2024

Sunset Market Commentary

Markets A range of ECB speeches in the wake of last week’s policy decision confirmed the different approach of Frankfurt – in all likelihood – is taking compared to the Fed. Kazaks (Latvia) and Holzmann (Austria) did so last week. Kazimir (Slovakia) today said that the next move (down) “must almost surely wait until December”. […]
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