/daily-market-analysis/page/27/

    DAILY MARKET ANALYSIS

    Stay on top of your trading with analyses of the latest market news.

    11 June 2024
    Forex Market Analysis: BoJ Bond Tapering Sparks Yen Surge

    CURRENCIES Potential BoJ Bond Tapering: Speculation about BoJ cutting back bond purchases during Friday’s policy meeting. BoJ currently purchases around Yen 6 trillion a month of Japanes Government Bonds (JGBs) to keep rates low. If BoJ reduces purchases, Japanese Yen …

    7 June 2024
    Forex Market Analysis: US Dollar Weakens as Treasury Yields Decline

    CURRENCIES US Dollar Decline: US Treasury yields remain in a downtrend, weakening the dollar. US 2-year yields are nearing a two-month low. The dollar index trades below key levels: 200-day SMA, 38.2% Fibonacci retracement, and recent trend support. Friday’s US …

    5 June 2024
    Forex Market Analysis: Dollar Setups Amid Economic Woes

    CURRENCIES US Dollar Setups: Analyzing EUR/USD, AUD/USD, and USD/CHF. Path for a lower Dollar as economic data deteriorates. Focus on EUR/USD ahead of ECB rate cut. Dollar bulls eye lower AUD/USD amid waning risk appetite. Swiss Franc advances, overheating signals …

    3 June 2024
    Forex Market Analysis: US Jobs Data Update and ECB Rate Cut

    CURRENCIES Key Events and Predictions: ECB Rate Decision: ECB to cut interest rates by 25 basis points on Thursday. Possible timing of the next cut: Markets suggest September 12th or more likely October 17th. Importance of ECB President Christine Lagarde’s …

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