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USDJPY Technical Daily View

The Dollar-Yen pair is consolidating around 115 – 112 for several days now. We are expecting volatile price action today as we are having plenty USD news as well as BOJ’s monetary policy statement tonight.  Analysts believe that USDJPY has to reclaim 115 level in order to secure the upward momentum. Important upcoming news: Source: […]

The Euro ready to test another support at 1.3680 level…

  Good Morning,   – The Euro ready to test another support  at 1.3680 level, after ECB’s Constancio comments. – Asian shares: Japan’s Nikkei -0.75%, Hong Kong’s Hang Seng 0.51% (07:27 GMT), Korea’s Kospi -0.03%, Australia’s ASX 200 0.26% and China’s Shanghai -1.12% – German economic growth accelerated more than forecast last quarter as mild […]

Crude oil prices fell to a four-year low…

  Good Morning,   – Crude oil prices fell to a four-year low and global equity markets declined again on Thursday as investors fretted about world growth and a revived European debt crisis, while EURUSD looking for the next selling point… – ECB’s Nowotny: The euro’s recent fall is bolstering the euro zone economy and […]