USD/JPY hit 111…
Daily Market Analysis
The ECB monetary policy meeting and Draghi’s press conference were in the spotlight yesterday…
Mexican Peso and loonie made intraday reversals after President Donald Trump said he wasn’t going to terminate NAFTA at this time, just a day after his administration had been considering an executive order exiting this trade union as early as Trump’s…
US crude oil inventories have finally started to decline…
The much-awaited Trump’s tax plan was meager in detail and long on giveaways to the biggest corporations and billionaires…
The lira strengthened significantly following President Erdogan referendum victory held on April 16…
The Bank of Japan meets on Thursday to announce its monetary policy statement and to deliver its latest updated Outlook Report…
Investors are always concerned with the question of when the Fed will raise interest rates…
Growing appetite for risk meant safe-haven assets fell out of favor…
Now, when political risks amid French presidential elections have faded, euro traders will focus on the Thursday’s European Central Bank monetary policy meeting and press conference…
Safe-haven assets, including the yen and gold, are still under pressure as investors whet their appetites for the riskier assets after centrist Macron qualified for the May 7 runoff alongside far-right nationalist Marine Le Pen…
Oil prices regained their footing on Monday following substantial losses they experienced last week as an OPEC-led committee pledged to back extension of the supply cut deal and as investors favored riskier assets after the first round of the election…