After Macron’s Election Gamble, Is Political Risk a New Headwind for the Euro?

The Japanese Government Bond (JGB) market is now anticipating a potential Q2 recovery in the Japanese economy as the 2-year and 10-year JGB yields have rallied to more than a decade high. The 10-year and 20-year yield premiums of US Treasuries over JGBs have shrunk in the past two weeks which in turn supports a […]

Key Highlights GBP/USD failed to surpass 1.2700 and declined heavily. It traded below a key bullish trend line with support at 1.2630 on the 4-hour chart. The US CPI increased by 3.5% in March 2024 (YoY), whereas the market expectation was 3.4%. The US Initial Jobless Claims could decline to 215K from 221K. GBP/USD Technical […]

GBPUSD finds strong resistance near 200-week EMA Technical signals are negative Will 2024 be a negative year for the pair? With the year 2023 drawing to a close, GBPUSD could not carry the impressive rally of the last three weeks above the bullish crossover within the 50- and the 100-week simple moving averages (SMAs) and the 23.6% Fibonacci retracement […]