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Fundamental Analysis

Yen Weak Despite Hawkish BOJ Chatter

BOJ Market ChatterExpectations of forthcoming tightening from the Bank of Japan have ratcheted higher this week. Reuters is running an article citing BOJ sources’ suggesting that the bank could go for...

USD Under Pressure Amid Mixed Economic Signals and French Election Tensions

This week has been a roller coaster for the US Dollar, which has endured a relentless four-day losing streak. Despite some encouraging data from the Nonfarm Payrolls report, the Greenback remains...

The FTSE Finish Line - July 9 - 2024

The FTSE Finish Line - July 9 - 2024BP Earnings Disappointment Weighs On The Blue Chip BenchmarkOn Tuesday, London's FTSE 100 showed little movement as a drop in the stock of energy company BP...

Euro Gains Amid French Stability; Fed Testimony and BoJ Shifts Eyed

The USD has had a relatively calm European session today, maintaining its position amid the recent French election results. Meanwhile, the EUR/USD pair clings to its recent gains, staying above the...

Dollar Dips Following NFP - Inflation Up Next

Jobs Data Adds to Bearish USD ViewThe US Dollar is trading firmly lower on Monday following the latest set of US jobs data on Friday. Despite the headline NFP coming in above forecasts at 206k vs 198k...

EURUSD Recovery Gathering Steam - What to Watch

French Elections BoostEURUSD is trading higher on Monday with the single currency receiving a double boost from a weaker US Dollar and the surprising outcome of the French elections yesterday. In...

Bitcoin Traders Battle Around Key Level

Bitcoin Attempting to RecoverBitcoin futures are hovering around a crucial level as we kick off the new week. BTC was seen breaking sharply lower last week, piercing beneath the 57,215 level, before...

USD Under Pressure Amid Mixed Economic Signals and French Election Tensions

This week has been a rollercoaster for the US Dollar, which has endured a relentless four-day losing streak. Despite some encouraging data from the Nonfarm Payrolls report, the Greenback remains...

The Euro on the Ascent as Odds of Fed Dovish Outcome in September Increases

The US dollar is currently under substantial pressure, primarily due to signs of a cooling labor market and waning economic vitality. The latest ADP Employment data released on Wednesday painted a...