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USD/JPY IG Client Sentiment: Our data shows traders are now at their least net-long USD/JPY since Oct 20 when USD/JPY traded near 150.11.

October 3, 2023

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bullish contrarian trading …

Technical Analysis

Broader stock indices sharply lower. What next technically?

October 3, 2023

The JOLTs job openings sent yields higher once again. The 10 year yield is up to 4.776% now up 9.4 basis points. There is no …

Central Banks

Fed’s Mester: Says she’s likely to favor hike at next meeting if current situation holds

October 3, 2023

Likely to favor hike at the next meeting if the current economic situation holds Long-term yield rise will affect mon pol outlook Fed likely at …

Technical Analysis

Do you need to get caught up on the price action in the currency markets? Watch and learn.

October 3, 2023

In this video, I revisit the technicals that are driving the major currency pairs following the surprise JOLTs report and then the intervention(?) from the …

Technical Analysis

US yields moving higher after the surprise JOLTS data. US dollar higher. Stocks lower.

October 3, 2023

The surprise spike in the JOLTs job data has the markets moving. US yields are moving higher with the 10 year yield now up 5.6 …

Technical Analysis

USDCHF runs higher after better CPI and trades to highest level since March 2022

October 3, 2023

The USDCHF broke above the high from last week near 0.9224. The level was also near swing highs going back to the end of March …

Technical Analysis

Kickstart your FX trading on October 3 with a technical look at EURUSD, USDJPY and GBPUSD

October 3, 2023

To kickstart your trading day, week, month and quarter in the Forex on Octoebr 2, 2023, I take a look at the EURUSD, USDJPY, and …

Central Banks

Fed’s Bostic: Fed still has a way to go to get inflation back to target

October 3, 2023

Fed is in restrictive territory and that is helping inflation fall I would be open to a robust review of 2% after it has been …

Central Banks

BOC’s Vincent: Firms continue to expect price changes to remain larger and more frequent

October 3, 2023

Still have a ways to go before pricing behaviour returns to normal If firms’ recent pricing behaviour settles into a new normal, it could complicate …