Tag: Takes

USD/JPY takes a dive: Intervention?

This market is insane. The latest move in USD/JPY has more hallmarks of intervention than the earlier one.At the same time, I could see longs rushing out after 13 straight days of gains.This...

US dollar takes a tumble. Intervention or Timiraos?

The US dollar has reversed course.I'm sure the initial move was on the release of an article from WSJ Fedwatcher Nick Timiraos that highlighted a 50 bps hike in December but this move...

EURUSD does it’s thing and takes the next step higher

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Asia FX Takes Little Relief From Post-CPI Risk Rally By Investing.com

© Reuters. By Ambar Warrick Investing.com-- Most Asian currencies fell on Friday and were set to end the week lower as hotter-than-expected U.S. inflation drove up fears of more hawkish interest rate hikes...

Bull Flag Formation Takes Shape

Crude Oil Price Talking PointsThe price of oil halts a three-day selloff despite a larger-than-expected rise in US inventories, and crude may continue to hold above the 50-Day SMA ($87.58) as a bull-flag...

US dollar takes another leg lower as bonds join in

If there was going to be a turnaround today, here's how I imagined it would go:Stocks would get wiped outBond yields would jumpA big would slowly appear for bonds because 4% 10s...

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