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Forex
BoJ hike fails to lift the Yen – Scotiabank
The Bank of Japan’s (BoJ) 25bp rate hike to a 30-year high of 0.75% failed to support the yen, as cautious guidance from Governor Ueda undercut confidence. Despite rising domestic…
USD/CAD remains range-bound amid mixed US data and softer Canadian Retail Sales
The Canadian Dollar (CAD) trades little changed against the US Dollar (USD) on Friday, as a rebound in the Greenback keeps USD/CAD confined within its week-old range. At the time…
Hedera (HBAR) tests make-or-break support after brutal decline
Hedera's HBAR token has been through the wringer. After spiking to nearly $0.39 earlier this year, the cryptocurrency has shed over 70% of its value, grinding lower in what's…
Daily and intraday structure in focus
Price behaviour remains centred on the mid-structure pivot as the market searches for a resolution.Nasdaq March Futures (NQH) — Daily & Intraday Structure Desk UpdateLondon…
USD/JPY jumps to one-month high as Yen slides after BoJ rate hike
The Japanese Yen (JPY) weakens sharply against the US Dollar (USD) on Friday as the Yen slumps across the board following the Bank of Japan’s interest rate decision. At the time of…
Elliott Wave, seasonality, and cycles indicate more upside
By using the Elliott Wave (EW) Principle, we expected in our previous update from December 5, see here, for the SP500 (SPX) that“…we anticipate a slight pullback in the gray 4th…
Gold climbs to $4,350 as safe-haven flows ignore firm US Dollar, yields
Gold (XA/USD) surges during the North American session on Friday, up 0.30% despite rising US Treasury bond yields and of the US Dollar, which is poised to finish the week with…
XAG/USD hits record $67.45, eyes $68.00 target
Silver price rallies to a new all-time high of $67.45 even though US Treasury yields and the Dollar remained firm on Friday, amid the lack of catalysts, except for the US Consumer…
Winter Holiday blues after Central Banks’ frenzy
The US Dollar Index (DXY) is on a three-day winning streak, although gains are modest, the index is heading into the weekly close near the 98.60 price region, after a…
Drifts lower as UK data disappoints and Fed cautious tone caps upside
GBP/USD drifts lower as UK data disappoints and Fed cautious tone caps upsideThe GBP/USD pair hovers around familiar levels, yet it has dropped below the 1.3400 mark on Friday…