EUR/JPY daily chart EUR/JPY Overview Today last price 122.79 Today Daily Change 45 Today Daily Change % 0.21 Today daily open 122.53 Trends Daily SMA2
Portugal Consumer Confidence rose from previous -9 to -8.3 in June
Portugal Business Confidence climbed from previous 2.3 to 2.4 in June
ANZ analysts suggest that although the Indian economy faces multiple constraints on growth, the price action in INR is encouraging, especially given t
Piet P.H. Christiansen, senior analyst at Danske Bank, suggests that optimism on trade is boiling ahead of the G20 meeting in Osaka, which starts toda
The EUR/USD pair quickly recovered around 20-25 pips from intraday swing lows and might now be headed towards the top end of its daily trading range.
Italy Business Confidence below expectations (101) in June: Actual (100.8)
Italy Consumer Confidence came in at 109.6 below forecasts (111.3) in June
Iris Pang, economist at ING, notes that China’s industrial profits grew 1.1% year-on-year in May after declining 3.7% YoY in April. Key Quotes “This s
Headlines are crossing the wires from the Chinese Foreign Ministry Spokesman Geng Shuang, as it responds to the earlier reports that the US and China
Given that the commodity has already found acceptance below 100-hour SMA for the first time in over a week or so, a follow-through selling will set th
Analysts at TD Securities note that China’s industrial companies profit rose 1.1% y/y in May compared to a drop of -3.7% y/y previously. Key Quotes “Y
Sweden Trade Balance (MoM) increased to 8.3B in May from previous 1.4B
Reuters reports the key comments delivered by the Japanese Foreign Minister Kono, as he says that “we are very concerned about a no-deal Brexit”. Key
Deutsche Bank analysts point out that in the UK, Bank of England Governor Carney generated some headlines yesterday when testifying to a Parliamentary
Erik Johannes Bruce, analysts at Nordea Markets, notes that Norway’s retail sales fell 1.3% m/m s.a.in May after an increase by 1.8% in April against
Further comments are crossing the wires from the Chinese Commerce Ministry Spokesman Gao, with the key headlines found below. Urges US to return to co
China’s Finance Ministry Spokesman Gao Feng is out on the wires now, via Reuters, commenting on the US-China trade issue. Key Points: it is not feasib
The Research Team at Bank of America Merrill Lynch (BAML) offers their expectations from the much-awaited G20 meeting between the US President Trump a
The USD/JPY pair built on its momentum further beyond the 108.00 handle and climbed to over one-week tops in the last hour. A combination of supportin
Spain HICP (MoM) below forecasts (0%) in June: Actual (-0.1%)
Spain Consumer Price Index (MoM) came in at -0.1% below forecasts (0%) in June
Spain HICP (MoM) registered at -0.2%, below expectations (0%) in June
Spain Consumer Price Index (YoY) came in at 0.4% below forecasts (0.5%) in June
Spain HICP (YoY) below forecasts (0.8%) in June: Actual (0.6%)
Turkey Economic confidence index rose from previous 77.5 to 83.4 in June
In an effort to resolve New Zealand’s (NZ) housing crisis, Prime Minister (PM) Jacinda Ardern reshuffled her the cabinet by replacing the housing mini
The AUD/USD pair climbed to 2-1/2 week tops during the Asian session on Wednesday, albeit seemed struggling to extend the momentum beyond the key 0.70
According to the latest Reuters poll of economists, a majority of them expect the Reserve Bank of Australia (RBA) to cut the Official Cash Rate (OCR)
Argentina Trade Balance (MoM) came in at $1373M, above forecasts ($850M) in May
Iranian’s semi-official Tasnim news agency reports the comments delivered by the country’s parliament speaker Ali Larijani as he threatens the US with
Denmark Industrial Outlook down to -5 in June from previous -2
Norway Retail Sales came in at -1.3%, below expectations (-0.9%) in May
Danske Bank analysts point out that in the euro area, we get a first hint of where inflation is headed in June with the German and Spanish HICP figure
FX option expiries for June 27 NY cut at 10:00 Eastern Time, via DTCC, can be found below. - EUR/USD: EUR amounts 1.1300 550m 1.1335 741m 1.1350 712m
Failure to conquer 1.2765/1.2665 area currently limits the GBP/USD pair’s moves at 1.2680 while heading into the UK markets open on Thursday.
TD Securities analysis team is looking for German HICP to edge a tick lower to 1.2% y/y in June, compared to consensus of 1.3% y/y. Key Quotes “Underl
Further comments are out from the Bank of Japan (BOJ) board member Wakatabe, as he calls for immediate easing without hesitation if the economy loses
The selling bias around the shared currency remains well and sound in the second half of the week and is now forcing EUR/USD to test the lower bound o
Karen Jones, analyst at Commerzbank, explains that the EUR/USD pair is easing back from the 1.1416 55 week moving average on Tuesday. Key Quotes “We n
Reuters reports the latest comments by the Indian government sources, as they speak about the latest tariffs imposed on the US. Key Headlines: India's
Statements favoring the odds of the US-China trade deal extended the Asian stocks' upside momentum during early Thursday.
TD Securities analysts note that New Zealand’s Business Activity and Confidence fell in June as the confidence index fell to -38.1 from -32.0 and the
Aline Schuiling, senior economist at ABN AMRO, points out that the France and Germany published consumer confidence data yesterday which showed that t
The Bank of Japan (BOJ) board member Wakatabe is back on the wires now, via Reuters, noting that there is no immediate need to review the BOJ policy f
CME Group’s flash data for JPY futures markets showed open interest rose for the third session in a row on Wednesday, this time by around 1.6K contrac
Forex today in Asia cheered a renewed risk-on wave, fueled by the reports that the US-China have reached a tentative trade truce, as markets await the
Open interest in GBP futures markets rose by around 1.8K contracts on Wednesday according to advanced figures from CME Group. On the other hand, volum
ANZ analysts note that the New Zealand’s headline business confidence reversed May’s lift, down 6 points to net -38% in June’s ANZ Business Outlook. K
In light of preliminary figures from CME Group, investors trimmed their open interest positions by just 413 contracts on Wednesday while volume shrunk
Failure to grow much beyond the monthly high, coupled with overbought levels of 14-day relative strength index (RSI), drag the EUR/GBP pair presently down.
Standard Chartered analysts point out that India’s final budget for FY20 (year ending March 2020) will be presented on 5 July by Nirmala Sitharaman, t
Dominick Stephens, chief economist at Westpac, notes that the New Zealand’s business confidence fell in June, and remains close to the very low levels
The greenback, in terms of the US Dollar Index (DXY), is picking up further pace in the second half of the week and is looking to consolidate the rece
Despite witnessing British political drama during the early Asian morning, the GBP/USD pair trades modestly flat near 1.2680 while heading into the London open.
The latest statement released by the People’s Bank of China (PBOC) cites that it has asked the banks not to lower mortgage rates further. No further d
EUR/USD is trading on the defensive at press time despite reports of US-China trade truce. As of writing, the currency pair is trading at 1.1360, repr
US Pres. Trump calls on India's PM Modi to withdraw recently imposed tariffs
Estimates from the Institute for Fiscal Studies (IFS), an independent think tank, showed on Thursday. Jeremy Hunt’s, UK Foreign Secretary and Prime Mi
With the 100 and 200-day exponential moving averages (EMA) limiting the USD/INR pair’s immediate upside, the quote is taking the rounds to 69.25 on Thursday.
Risk reversals on Swiss Franc (CHF), the gauge of calls to puts, fell to 15-month lows on Wednesday, indicating the investors are adding bets to posit
Following its run up to the highest in five weeks, WTI struggles to extend the north-run as it takes the rounds to $59.15 during early Thursday.
China working together with the US, despite the rivalry, is central to progress in North Korea's nuclear dismantlement. Recent comments made by North
Gold is currently trading at $1,408 per Oz, representing a 2.1 percent drop from the six-year high of $1,439 reached earlier this week. With the 14-da
The US-based rating agency, Moody’s Investor Service, is out with a review report on the Australian banking sector, with the key findings found below.
A White House spokesman told Reuters late-Wednesday, the US. President Donald Trump and Chinese President Xi Jinping will hold the trade talks in Osak
The anti-risk Japanese Yen is losing ground, pushing the USD/JPY higher possibly due to reports the US and China have agreed to another truce in their
The already bid AUD/JPY is extending gains on reports of US-China trade truce. The currency pair is currently trading at 75.60, the highest level sinc
Japanese Chief Cabinet Secretary Suga is out on the wires now, via Reuters, noting that there is absolutely no talk of reviewing US-Japan security. No
Gold prices trade sideways as global markets await developments from the G20 in order to determine near-term trade direction.
AUD/USD has made bullish tracks and leans with an upside bias still, en route to the 200-D exponential moving average (EMA) around the 0.70 handle. Th
The South China Morning Post (SCMP) carries fresh headlines, citing that the US and China are said to have reached a trade truce even before the G20 h
More comments are hitting the wires from the Bank of Japan (BOJ) monetary board member Wakatabe, as he talks about the downside risks to the economy.
Goldman Sachs has revised lower its year-end forecast for the US 10-year treasury yield to 1.75% from the previous projection of 2.80%, according to B
The latest data published by China’s National Bureau of Statistics (NBS) showed that profits earnt by China’s industrial firms in May rose 1.1 y/y vs.
Given the New Zealand’s ANZ data flashing mixed results, the AUD/NZD pair took a U-turn from 61.8% Fibonacci retracement on early Thursday.
Bank of Japan (BOJ) will maintain the ultra-easy monetary policy as long as needed to achieve the 2% inflation target, board member Wakatabe said on T
WTI is above the 200-Experiential Moving Average and has eyes for the $60 psychological figure which correlates with trend line resistance. A break th
The People's Bank of China (PBOC) set the Yuan reference rate at 6.8778 vs Wednesday's fix of 6.8701.
NZD/USD is seeing little action even though New Zealand's business confidence index for June, as calculated by Australia New Zealand (ANZ) bank, print
Despite witnessing the crude’s rally to 5-week high, the USD/CAD pair offers little moves near the four-month bottom while taking the rounds to 1.3117.
New Zealand ANZ Activity Outlook above forecasts (7.8%) in June: Actual (8%)
New Zealand ANZ Business Confidence came in at -38.1 below forecasts (-22.7) in June
USD/JPY is currently trading at 107.73, stuck in a tight range this Tokyo open between 107.66 and 107.79, albeit en-route for the 21-day exponential a
While global investors are eagerly waiting for clues from the G20 meeting in Japan, the Australian daily rolls out the news report of secret trade talks.
The GBP/USD pair risks falling to 1.25 in the short-term, as the greenback will likely benefit from markets scaling back expectations of an aggressive
With a downward sloping trend-line since June 13 restricting the GBP/JPY pair’s upside, the quote drops to 136.75 during early Asian morning on Thursday.
USD/CNH's bounce from the recent low of 6.8365 has taken the shape of a bearish reversal pattern called a rising wedge and could be short-lived. As of
With the UK Prime Minister (PM) frontrunner Boris Johnson’s surprising comments on chances of the no-deal Brexit at the political hustings, GBP/USD recovers.
The Dollar was mixed overnight, with the Yen the worst and the Kiwi the best performer. NZD/USD climbed from 0.6660 to 0.6693, a two-month high. USD/
Japan Retail Trade s.a (MoM) above expectations (-0.6%) in May: Actual (0.3%)
Japan Large Retailers' Sales above forecasts (-1.2%) in May: Actual (-0.5%)
Japan Retail Trade (YoY) meets forecasts (1.2%) in May
Japan Foreign Investment in Japan Stocks dipped from previous ¥-95.4B to ¥-313.4B in June 21
Japan Foreign Bond Investment up to ¥445.4B in June 21 from previous ¥327.3B
The USD/IDR pair's sustained trading beyond 38.2% Fibonacci retracement has multiple upside resistances to justify the latest strength.
Even if the Turkish President Recep Tayyip Erdogan remains optimistic of their future relations with the US, the USD/TRY pair remains little changed.
The sun has published an article reporting that remainer rebel MPs are to mount a dramatic new bid to block a No Deal Brexit next week by cutting off
Antipodean FX outperformed in the G10 basket and AUD/JPY is currently trading at 75.27, capped by the 200-day exponential moving average, EMA, consoli
Not only positive comments from the US Treasury Secretary Steve Mnuchin but the absence of the US criticism from Chinese media also please AUD/USD buyers.
RBNZ statement differing from its global central bank peers and market optimism surrounding G20 pleases NZD/USD buyers ahead of ANZ data.
In his latest interview with the Nikkei, Turkish President Recep Tayyip Erdogan changed his tone towards the US President Donald Trump.
Last week, the S&P500 found resistance below 2,965.00 new all-time high. The market is retracing and trading at 5-day lows. S&P500 4-hour chart The st
South Korea BOK Manufacturing BSI above forecasts (72) in July: Actual (76)