The Japanese yen outperformed the US dollar. Here’s fresh trading ideas for the pair.
Tag - jpy - japanese yen
In this video we will discuss what will drive the market this week. We will discuss main economic releases and analyze USD/JPY, AUD/USD, EUR/USD and oil. Jump in!
The week has started with a mixed sentiment on the market. Let’s discuss main market movements and latest news.
European stock markets traded lower Friday, with travel stocks weighing after Britain added more countries to its quarantine list while Chinese data suggested a slow economic recovery.
What does determine Friday's moves?
European stock markets are seen opening cautiously higher Friday, with Chinese economic data suggesting a slow recovery ahead of the release of quarterly growth numbers for the eurozone.
US stocks are set to open marginally lower Thursday, consolidating after strong gains the previous session
Price action in USD/JPY is in line with the bearish harmonic pattern “Gartley”. The pair has approached resistance at 106.88 (descending 50-day MA).
Futures tracking the S&P 500 index hit a record high on Tuesday as investors shrugged off simmering US-China tensions to bet on a stimulus-led economic recovery from the COVID-19 pandemic.
Asian stock markets rose this morning on relief that another round of Sino-US sparring appears not to have spilled over into trade, while hopes for US stimulus support oil and other commodity currencies.
China arrested Jimmy Lai, one of Hong Kong’s richest and best-known publishers, on suspicion of collusion with foreign agents.
US-China trade tentions, the rescue package for the American economy and other hot topics in the weekly video. Watch to learn about the most promising opportunities!