Yen is under intense selling pressure today, dragged down by a sharp plunge in super-long JGB yields. The 30-year yield closed at 2.836%, down significantly from 3.165% just days ago. This abrupt move followed a Reuters report suggesting that the Ministry of Finance may reduce super-long bond issuan

I am looking at this setup on EURUSD based on the current understanding of market order flow that I have. Entry is based on a 30 min fair value gap fill. The fundamentals from today already pushed the market away from this area but they left some buried money there which we can see in the fair value

Living standards and growth are expected to be hit, with inflation now predicted to peak above 9%. The surge in commodity prices that followed Russia’s invasion of Ukraine will worsen the squeeze on UK living costs and reduce growth, economists have warned, as the Bank of England prepares its latest

© Reuters. FILE PHOTO: Qualcomm's logo is seen at its booth at the Global Mobile Internet Conference (GMIC) 2015 in Beijing, China, April 28, 2015. REUTERS/Kim Kyung-Hoon/File Photo (This Jan 6. story corrects second paragraph to reflect that Ultra Cruise will work for 95% of driving scenarios, not

EUR/USD bears getting set for a high probability breakout to the downside.  Daily support is the only thing standing in the way, from a technical standpoint.  The downside case fo the single currency, from a technical basis, is fitting well with the near to medium-term higher USD narrative: In the

US President Donald Trump will continue to receive round the clock care, the White House said in a statement released early Tuesday.   Additional quotes “Trump has no public events scheduled on Tuesday.” “Physical access to Trump to be limited.” After a three-night coronavirus treatment at the Walte

At 4.30 am ET Thursday, IHS Markit is set to publish UK final manufacturing PMI data for September. Ahead of the data, the pound fell sharply against its major rivals. The pound was worth 1.2878 against the greenback, 135.90 against the yen, 1.1844 against the franc and 0.9112 against the euro as o

Flash Purchasing Managers' survey data from euro area and the UK are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Germany's market research group GfK is set to release consumer confidence survey data for October. The forward-looking sentiment index is expect