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US Update – March 23 – New Homes, Richmond Fed, Powell & Yellen Testify

EURUSD, H1 US new home sales plunged -18.2% in February to 775,000, weaker than expected. Sales were up 3.2% to 948,000 in January and 7.2%...

The technical picture of USDJPY

The Tokyo Stock Price Index, more commonly known as the Topix, together with the JPN225, is an important stock market index for the Tokyo...

Market Update – March 22 – Risk Off Jolt from Ankara

USDTRY, Daily A plunge in the Turkish lira jolted global markets, following the sacking of the nation's central bank governor, and with the credibility of...

FX Update – March 19 – USD off lows ahead of market open

EURUSD, H1 The Dollar lifted out of correction lows, tracking the action in US Treasury yields, as the 10-year T-note yield rose to near 1.700%...

Market Update – March 12 – USD Rallies, JPY Pressured

  Market News Today – The USD dips and then finds a bid. Stimulus Bill signed by Biden – targets July 4 as “normalcy”. Stocks...

ECB : Improved Outlook and Growth

The ECB as anticipated left policy settings unchanged, but President Lagarde delivered an up beat statement and at the same time re-affirmed the central...

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