BOJ Made Its Move

BOJ Made Its Move

Last week the market was data heavy with several Central Banks making their decisions. The BOJ finally made its move and lifted rates from negative territory for the first time in years. The main headline of course was the Fed which although kept rates unchanged the...
BOJ Made Its Move

USD Reverse

Last week the dollar ended the week the strongest. This was in contrast to the previous week where we felt the trend had reached a turning point. Despite the reversal the Dollar remains well within the range pointing to the market waiting for Fed confirmation before...
BOJ Made Its Move

Dollar Loss as Yen Rises

Last week we finally saw a change from the trend as Dollar was the weeks worst performer. A cooling US job market and Powell signalling a June rate cut sent the US Dollar tumbling. During his semi-annual statement he hinted that the Fed is not far from the point of...
BOJ Made Its Move

Trend Continuation for the Week

Last week we saw a continuation of the previous few weeks especially in equities as they moved to new highs. The FX market has lost focus recently as eyes are on other areas of the market. Equities are rallying and Crypto has awoken with a bang.   The weeks highlight...
BOJ Made Its Move

FX Volatility Lower For The Week

Last week was a quieter week for FX markets as there were little global data with only the PMI the main releases. The continued rolling back by the Fed and ECB of any rate cuts has seen a strong USD theme over the last few weeks and months. Last week saw a small...