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AUD/NZD: Trans-Tasman Analysis and Market Reactions
AUD/NZD: Trans-Tasman Analysis and Market Reactions The AUD/NZD currency pair has seen significant movement following the latest inflation data releases from Australia and New Zealand. New Zealand Inflation and RBNZ Outlook New Zealand’s annual inflation rate remained unchanged at 7.2%, leading investors to believe that inflation in the country has peaked. This expectation suggests that…
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25 January 2023
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Three Stocks to Watch During the Typically Bullish January
Three Stocks to Watch During the Typically Bullish January January has historically been a strong month for stocks, as some investors reenter the market after selling off some of their holdings at the end of the previous year. This period of bullishness is often referred to as the “January Effect.” On January 6, US stocks…
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11 January 2023
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This Week Could Set Long-Term Trend for USD/JPY
This Week Could Set Long-Term Trend for USD/JPY The USD/JPY has been one of the most dynamic currency pairs in 2022, marked by record highs and intervention from the Bank of Japan (BoJ). However, with the year nearing its close, some key events this week could set the stage for a long-term trend in the…
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18 December 2022
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The FIFA World Cup of Forex
The FIFA World Cup of Forex With so many eyes on the FIFA World Cup in Qatar, it might be tempting to draw parallels between the tournament and movements in the forex market. While the performance of a country’s team in the World Cup is unlikely to be fundamentally tied to the performance of its…
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28 November 2022
34 views
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1 Week After Japanese Yen Intervention
1 Week After Japanese Yen Intervention Last Thursday marked a highly volatile trading session for the USD/JPY, largely driven by the Bank of Japan’s (BoJ) intervention in the currency markets aimed at defending the weakening Japanese Yen. This move was the first currency intervention by the BoJ since 1998. Parallels Between 1998 and 2022 Interventions…
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28 September 2022
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Japanese Yen Pairs Moving in Opposite Directions
Japanese Yen Pairs Moving in Opposite Directions The USD/JPY and GBP/JPY pairs have been showing contrasting trends recently, highlighting the volatility in the forex market and the divergence in market sentiment surrounding the Japanese yen. USD/JPY: Bullish Momentum Returns After a period of choppy price action in mid-July and August, the USD/JPY pair has shown…
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21 August 2022
29 views
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Japanese Yen Pairs Moving in Opposite Directions
Japanese Yen Pairs Moving in Opposite Directions The USD/JPY and GBP/JPY pairs have been showing contrasting trends recently, highlighting the volatility in the forex market and the divergence in market sentiment surrounding the Japanese yen. USD/JPY: Bullish Momentum Returns After a period of choppy price action in mid-July and August, the USD/JPY pair has shown…
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21 August 2022
30 views
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BlackRock’s Crypto Deal Boosts COIN Shares Ahead of Q2 Results
BlackRock’s Crypto Deal Boosts COIN Shares Ahead of Q2 Results Coinbase shares surged after the announcement of a strategic partnership with BlackRock, propelling them to a nine-week high. As Coinbase prepares to release its Q2 earnings, the market’s positive reaction to the deal has investors looking ahead with optimism. Key Developments: Coinbase-BlackRock Partnership Coinbase and…
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08 August 2022
26 views