Share: EUR/JPY drops further and revisits the 153.30 zone on Wednesday. The breach of this level opens the door to the 55-day SMA. EUR/JPY accelerates its...
Share: UK employment data drive EUR/GBP lower, as BoE’s hike expectations increased. Following a bearish engulfing pattern, the pair could test the 0.8500 mark and below....
Share: The GBP/JPY cross tallies a fourth consecutive day of losses and retreats to near 181.00. The ONS from the UK reports that wages and unemployment...
Share: The GBP/JPY cross tallies a third-consecutive day of losses falling to a low of 181.10, below the 20-day SMA. Andrew Bailey commented that he doesn’t...
Share: EUR/JPY fails to extend the daily rebound north of 156.70. Additional decline could revisit the 154.00 zone in the near term. EUR/JPY could not sustain...
Share: The GBP/JPY cross tallies a second consecutive day of losses, falling below the 182.50 area on Friday. The 20-day SMA at 181.44 is poised for...
Share: The EUR/GBP traded in the range of 0.8554-0.8521 and is set to close a 0.50% weekly loss on Friday. Lower British yields weakened the made...
Share: On Friday, the EUR/JPY found support at the 155.40 area, near the 20-day SMA and then settled at 155.80. The JPY strengthened against most of...
Share: EUR/JPY tallies a third consecutive day of losses as the pair continues to correct overbought conditions. Retail sales from the EZ remained unchanged in May....
Share: GBP/JPY fell towards the 182.50 level and then stabilized above 183.00. Rising British and American yields limit the Yen’s advance. Eyes on Labor Cash Earnings...
Share: EUR/GBP peaked at a daily high of 0.8575 (20-day SMA) and then retreated to 0.8550. German, French and Spanish HCOB Services PMIs from June showed...
Share: EUR/GBP rebounds after two consecutive losses but struggles to close above 0.86, indicating potential selling pressure. Technical analysis shows the pair as neutral to downward...
Share: The GBP/JPY cross jumps above the 183.60 area on Monday, its highest level since 2015. The British Manufacturing PMI saw a contraction but one that...
Share: EUR/JPY trades with gains for a second consecutive day near 157.90. European PMIs from June came in weak. Japan’s Tankan Manufacturing Index improved in Q2....
Share: The GBP/JPY cross regained ground after two days of losses, poised for the seventh consecutive weekly gain. British Q1 GDP’s revision showed no surprises and...
Share: EUR/GBP slides as UK bond yields surpass German bond yields, strengthening the Pound. From a technical perspective, the pair exhibits a neutral to downward bias,...
Share: EUR/JPY found support at a low at 156.70 and then recovered towards 157.50. Japan reported soft inflation data supporting a dovish stance from the BoJ....
Share: EUR/JPY tallied a second consecutive day of losses, dropping towards 157.40. Germany’s CPI rose to 6.4% vs 6.3% expected and Spanish CPI to 1.9% vs...
Share: EUR/JPY retreated below 156.30 area and then recovered to 156.55. Germany reported weak IFO index data making German bond yields decline. Investors turn their attention...
Share: GBP/JPY sees some gains at the 182.55 area. ECB’s Banking Forum in Sintra on Wednesday, the highlight of the week. Reuters poll reveals that the...