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EURJPY down through key psychology 122.00

EURJPY continued to experience a gloomy moment for the week where it recorded a decline of over 1.5%. Negative market sentiment following the movement...

Strong demand for EU’s First Social Bonds

The Euro has slipped back into the outperforming lane in showing a 0.3% gain on the dollar, a 0.5% advance versus the Yen and...

Lagarde expresses concerns for the recovery

EURUSD, H1 ECB's Lagarde seems to be laying the ground for a PEPP extension. While the current broader narrative has been focusing on the strengthening...

Eurozone Services showing signs of life

EURJPY, H1 Eurozone Services and Composite PMIs revised higher in the final reading for September. The former came in at 48.0, slightly stronger than the...

FX Update September 29 – USD & Yen slip, GBP still in focus

  The Dollar and Yen are softer, with both currencies continuing to correlate inversely with global stock market direction. EURUSD posted a four-day high at...

Japan GDP Contraction and EURJPY Outlook

Japan's Q2 GDP contraction was revised down to -7.9% q/q, from -7.8% q/q. On an annual basis, GDP contracted -28.1% vs the preliminary reading...

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