Japanese yen surges on flexible BOJ, Asia FX advances By Investing.com

© Reuters. Investing.com — The Japanese yen rose in volatile trade on Friday after the Bank of Japan said it will adopt a looser approach to its yield curve control policy, while broader Asian currencies recovered from some recent losses against a strong dollar. The recovered from initial losses to trade 0.5% higher to the

Bears are waiting to pounce but bulls putting up a fight

Share: WTI is attempting to breakdown but the bulls stay in charge. A break of $79.00 is required for bearish thesis to be solidified.  WTI crude also rose  4.6% for the week, marking the fifth consecutive weekly increase, the longest winning streak since the week ending June 10, 2022. This leaves the longs exposed

EUR/JPY rose following BoJ decision and German data

Share: The two-day BOJ meeting concluded with an unexpected adjustment to the Yield Curve Control. Germany’s Inflation data came in line with expectations of 6.5% but lower than the previous 6.6%, and Q2 GDP data disappointed. Ueda’s dovish tone weights on the Yen. At the time of writing, the EUR/JPY pair is trading

Solid gains in major indices to end the trading day. NASDAQ leads.

The major indices are ending the day with solid gains. The gains are led by the NASDAQ index which surged by 1.86%. The Dow industrial average was the laggard today, but still rebounded by 0.50% on the day. All the major indices are closing higher for the week. The final numbers for the day are

Will NFP and Services PMI Extend Hot Streak in US Data? BoE and RBA Next

Three major central banks, the Fed, ECB and BoJ communicated their latest policy decisions with Japan making tiny strides towards normalisation. In this discussion Nick and Richard analyse the potential for a carry trade unwind and support for the pound ahead of next week لینک منبع : هوشمند نیوز

Gold, Silver Look for Support After Strong US Growth Propels the Dollar Higher

Gold, Silver Analysis Recommended by Richard Snow Get Your Free Gold Forecast Dollar Boost Poses a Threat to the Long-Term Uptrend in Gold The long-term uptrend in gold, signified by the ascending channel came under pressure during the week ending 23 June after registering a break and close below channel support. This was followed up