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The USDJPY has caught a bid as yields move higher (10 year up around 5 basis points). Chair Powell is more neutral. The US treasury will auc...

Oil demand numbers over the July 4th weekend weren't as strong as many in the market had hoped and that's putting a damper on crude this wee...

The AUDUSD traders are pushing against close support at a swing area between 0.67278 and 0.6738. So far the price has been able to hold supp...

Labor market is more-or-less back to pre-pandemic levelsWe're very much balancing our two risks and that's what we're balancing these daysTh...

Reducing restraint too late or too little could unduly weaken economy and job marketMore good data would strengthen our confidence on inflat...

Fed's Powell said decisions are made meeting by meeting. He sees solid increases in consumer spending, moderate growth in capital spending,...

The USDCHF price action today is setting up traders for the Fed chair testimony at 10 AM ET. On the topside, the 100-day moving average resi...

The opening statement from Fed Chair Jerome Powell wasn't pre-released but will hit the wires at the top of the hour. After he reads them al...

Fed Chair Powell will be testifying on Capitol Hill today (and tomorrow). The pre-release text of his comments were not released. HMMMM. Ma...

The Nikkei 225 had a big day today, rising nearly 2% to an all-time high. It's a sign of an ongoing breakout after finally cracking the 1990...

The US economic calendar is light again today but the Fed calendar has a headliner: Jerome Powell will testify in DC at 10 am ET. The commen...

US June NFIB small business optimism index 91.5 vs 90.5 priorECB's Panetta says can gradually reduce rates in line with disinflation process...

FundamentalOverviewBitcoin has been underheavy selling pressure for the entire month of June as a couple of bearishdrivers continued to w...

This marks the highest reading since December last year, although the trend remains that it has been 30 consecutive months since the index h...

FundamentalOverviewCrude oil has been on anincredible run since bottoming out around the $72.50 level in early June. Themarket eventually...

iFX EXPO Asia 2024 is heading back toThailand for 2+ days of B2B networking at the world’s leading online tradingevent. Excitement is buil...

To give some backdrop to his speech later, this will be his semi-annual testimony to Congress. It is one over the course of two days but usu...

FundamentalOverviewThe USD weakened across theboard since last Friday following the soft US NFP report. The data showed some more labourm...

FundamentalOverviewThe USD weakened across theboard since last Friday following the soft US NFP report. The data showed some more labourm...

Ahead of the meeting, the BOJ already collected some opinions from bond market players as noted here. So, this is mainly to share that as a...

Eurostoxx -0.7%Germany DAX -0.6%France CAC 40 -0.9%UK FTSE flatSpain IBEX -0.7%Italy FTSE MIB -0.5%This comes after the early gains yesterda...

There are just two to really take note of on the day, as highlighted in bold.They are both for EUR/USD at the 1.0800 and 1.0875 levels. The...

That will likely continue to make for rather uninspiring price action among major currencies. The levels we're seeing so far today are prett...

As the dollar and yields slumped on Friday, gold jumped up by 1.5% with buyers hopeful for another run at the $2,400 mark. But they were dea...

The Topix might matter more for Japan these days, considering the shift in terms of ETF focus. But the Nikkei is still a key benchmark to wa...