
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Don’t waste your time – keep track of how NFP affects the US dollar!
Data Collection Notice
We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.
Join Us on Facebook
Stay on top of company updates, trading news, and so much more!
Thanks, I already follow your page!Beginner Forex Book
Your ultimate guide through the world of trading.
Check Your Inbox!
In our email, you will find the Forex 101 book. Just tap the button to get it!
Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.
77.93% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.
You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The GBP/JPY pair is trading slightly above the Kumo. If the bulls manage to withhold the bears’ pressure, the currency pair will climb towards the previous top. On the other hand, a break below the thin cloud will push the market into a bearish sentiment.
Market View
Equity indices closed mixed on Tuesday as European performance dragged down overall performance. It could look like a classic risk-off sentiment with VIX higher, large cap outperforming small cap and defensives outperforming cyclicals. However, from the way funds were positioned it comes down to inflation concerns and rising bond yields. This is the reason for value stocks outperforming defensives and energy, banks and materials being the best performing sectors. On the other side of the Atlantic, equities ended mixed but way off day lows. Dow Jones closed up +0.6%, S&P 500 +0.2%, and NASDAQ -0.5%. Asian stocks are mostly lower this morning dragged down by Nikkei. US and European futures slightly lower.
In the FX front, EURUSD traded sideways above 1.12 yesterday, while EURGBP moved back above 0.84 amid overall risk-off sentiment. In the EM space, USDTRY rose more than 12% yesterday north of 13. It is worth noting that the Turkish lira has lost more than 40% of its value in less than a year.
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…
Last year was tough for the Japanese yen. USDJPY gained more than 30% over 2022, striking above 150 in October. While anticipation of slower Fed rate hikes pulled the pair below the 130 level at the start of 2023, the speculations over the destiny of BOJ’s yield control policy grabbed the attention of the Japanese assets in the middle of January. What lies ahead for traders of the Japanese yen?
Today, at 5:00 pm (GMT +2), the Bank of Canada will publish the Overnight Rate, which represents short-term interest rates, and is pivotal to the overall pricing of the Canadian Dollar in the global markets. Let's look at how the markets are faring ahead of the BoC rates release.
In a call scheduled for January 25, 00:30 am GMT+2, Microsoft will publish the company's earnings for the final quarter of 2022 and comment on the results, projections, and outlook for the nearest future of the company.
Your request is accepted.
We will call you at the time interval that you chose
Next callback request for this phone number will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later