GBP/JPY outlook

Could YEN bull be back?

The overall markets remain rather mixed so far. Rebound in US stocks overnight didn’t carry forward to Asian session. Nikkei is weighed down by poor Tankan survey data. Dollar’s rally attempt was somewhat knocked down by uptrend resumption in Gold. Recovery in oil prices also dragged down the greenback and lifted Canadian. Focus will now […]

forex chart

Market Review

Friday rally on Lagarde’s push for fiscal stimulus and China pledge to US, Commodities rally European stocks and US equity futures are climbing higher on ECB President Lagarde’s warning to EU leaders of market risks if the EU can’t quickly agree upon the EU recovery fund and after China pledged to follow through with the […]