Stocks rose Friday, building on the historic turnaround rally a day earlier as investors bet that inflation has peaked.The Dow Jones Industrial Average increased 215 points, or 0.72%. The S&P 500 gained 0.63%,...
I said earlier that US Treasury Secretary Yellen had given the green light for further rises in USD/JPY:In a nutshell, Yellen dismissed globally coordinated FX intervention, saying that the market determined the value...
Japanese Yen Talking PointsUSD/JPY clears the opening range for October as it extends the advance following the US Non-Farm Payrolls (NFP) report, and a move above 70 in the Relative Strength Index (RSI)...
The Atlanta Fed GDPNow growth model for 3Q growth ticked up to 2.9% from 2.7% last after today's data. That is the highest growth estimate for the 3rd quarter. It is also up...
EUR/USD News and AnalysisEuro benefits from softer dollar, improved risk sentiment and GBP recoveryEUR/USD technical hurdles that need to be overcome for bullish narrative to take hold. Longer-term outlook remains bearishRisk Events: US...
