USD/JPY: JPY Plummeted, Ignoring the Possibility of a More Hawkish BoJ

In focus today Today’s focus will be on the US March CPI, where we forecast both headline and core inflation at +0.3% m/m SA. Higher oil prices continue to lift headline inflation, but the Fed focuses more on the underlying price pressures, not least after concerning upticks in services inflation and strong labour market in […]

Key Highlights GBP/USD climbed higher above the 1.2780 resistance zone. The pair is signaling a strong bullish momentum above 1.2800 on the 4-hour chart. Oil prices corrected lower from the $84.65 zone. Bitcoin is struggling to start a recovery wave above $60,000. GBP/USD Technical Analysis The British Pound formed a base above the 1.2620 level […]

AUDUSD keeps firm tone on Monday, despite Friday’s spike and subsequent pullback, though with initial warning that traders may opt for a partial profit taking after strong rally in past two days, when the pair advanced 2%. Stretched daily studies add to signals of correction, but dips are likely to be shallow and ideally contained […]