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USD/JPY forecast: What sparks fresh highs when conditions are already exceptionally good?

USD/JPY remains supported on dips but where does the next leg higher come from? The US rate outlook has adjusted substantially, pushing yields rapidly higher. With risk appetite nearing euphoric levels, it begs the question: will conditions get any better for bulls than now?

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Today 09:00 AM

Forex Seasonality – March 2024: USD/JPY Gains, USD/CAD Falls in March

USD/JPY and USD/CAD could see noteworthy moves this month if history is any guide - read on to see the full data!

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NASDAQ100 Forecast :QQQ inches higher after a record close

The Nasdaq 100 is inching higher after a record close yesterday on AI enthusiasm and optimism that the Federal Reserve will start to cut interest rates in June. Investors continue to digest yesterday's cooling inflation data and look ahead to US ISM manufacturing PMI. Dell jumps 23% after impressive earnings, and oil is set to rise across the week,

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Yesterday 02:16 PM
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DAX, USD/JPY Forecast: Two trades to watch

DAX rises to fresh all-time highs ahead of Eurozone inflation data. USD/JPY rises post-inflation data, and US ISM manufacturing is up next.

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Yesterday 09:02 AM

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EUR/USD in the hands of ECB, Powell Testimony, ISM services: The Week Ahead

EUR/USD is on track for its smallest weekly range since September 2021, although 1-week implied volatility levels that we could see more action next week.

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Yesterday 04:38 AM

AUD/USD: Fuel driving US dollar rally may be nearing exhaustion point

Too soon to turn bullish AUD/USD but be ready when the turn eventually comes.

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Yesterday 02:30 AM

USD/JPY hints at market top, ASX 200 ready for lift off? Asian Open

With yen futures at a sentiment extreme, hawkish comments from the BOJ hint at a top for USD/JPY. And with ASX 200 futures hitting a record high ahead of the NY close, a break above 7700 is now in focus.

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February 29, 2024 10:17 PM
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Dow Jones Forecast: DJIA rises after inflation cools

US stocks edge higher after core PCE, and the Fed's preferred inflation gauge cooled in line with forecasts. Core PCE eased to 2.8%, down from 2.9%, although the monthly rate rose to 0.4%, up from 0.2%. Personal spending also slowed to 0.2%, down from 0.7%, in a sign that consumption was slowing. USD/JPY has slumped after the data & after hawkish BoJ chatter.

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February 29, 2024 03:44 PM
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EUR/USD, USD/JPY Forecast :Two trades to watch

EUR/USD rises after hot French & Spanish inflation data; German & US inflation up next. USD/JPY falls on hawkish BoJ chatter & ahead of the Fed’s preferred inflation gauge.

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February 29, 2024 09:18 AM
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USD/JPY, AUD/JPY, NZD/JPY: Hot inflation may not be enough for US dollar bulls

Unless we see a big upside surprise in Thursday's PCE inflation report it may be difficult for US bond yields to continue pushing higher, limiting the fuel that helped propel the US dollar higher over the past two months.

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February 29, 2024 04:11 AM

Bitcoin bulls eye record highs - but we could see some ‘chop at the top’

Bitcoin is the kind of market that can make a mockery of traditional technical analysis terms such as ‘overbought’ and ‘oversold’. But with it fast approaching its record high, how much fuel is left in this rally’s tank?

British Pound Analysis: Is GBP/USD Rolling Over after Fed Comments?

GBP/USD remains rangebound between 1.2500 and 1.2800. See how traders are viewing it!

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February 28, 2024 08:23 PM
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Dow Jones Forecast: DJIA falls in nervous trade ahead of inflation data

US stocks are heading lower in cautious trade ahead of tomorrow's core PCE data, which could provide further clues over the timing of a Fed rate cut. Fed officials continue to push back on the need for an immediate rate cut. Meanwhile, the US economy shows signs of slowing as US Q4 GDP was downwardly revised to 3.2% annualized from the preliminary reading of 3.3% and down from 4.9% in Q3.

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February 28, 2024 01:58 PM
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