Yen Selloff Accelerated on Strong Energy and Commodity Rallies
Yen’s selloff accelerated rather steeply last week, on the back of surging commodity and energy prices. Dollar was...
Sterling Powers Up While Yen Accelerates Lower, Dollar Shrugs Retail Sales
Sterling steals the show today breaking through key resistance levels the Japanese Yen, and a near term low...
Yen Selloff Looks Unstoppable as Global Stocks Surge
Yen’s selloff continues to look unstoppable as global markets are set to end the week on a strong...
CAD, AUD, NZD Rise in Risk-on Markets, JPY Selling in Force
Commodity currencies rise broadly today on the back on risk-on sentiments. Major European indexes are trading up while...
Yen Selloff Resumes, Aussie Shrugs Weak Job Data
Yen’s decline resumes in Asian session today, with selling focusing against commodity currencies. Aussie shrugs off slightly weaker...
Dollar Firms Up Slightly after CPI, But No Follow Through Buying Yet
Dollar firms up mildly in early US session as headline CPI was back at multi-decade high, which core...
Markets in Consolidation as US CPI and FOMC Minutes Awaited
The markets are trading in consolidative mode in Asia today. Dollar attempted to resume near term rally against...
Euro Softens on Weak Economic Sentiment, Yen Selloff Remains the Main Theme
There is basically no change in the Yen selloff theme in the markets. But buying focus has shifted...
Focus Turns to UK and Germany Data, as Yen Pares Loss
The forex markets turn into consolidative mode in Asian session. Yen recovers mildly, digesting the recent steep selloff....
Yen Stays Pressured, Euro Sluggish on ECB Comments
Overall outlook in the financial market is unchanged, with Yen selloff as the main theme, as major global...
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