What is happening? During June 2021, the US dollar index has gained 2…
Sino-US tensions Keep Rising
Information is not investment advice
Ichimoku Kinko Hyo
CHF/JPY: The pair is trading in a bullish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum.
XAU/USD: Gold makes a full bearish retracement after a remarkable bullish rally during the last month.
European Market View
Asian stock markets rose this morning on relief that another round of Sino-US sparring appears not to have spilled over into trade, while hopes for US stimulus support oil and other commodity currencies.
European Key Point
- Germany reports 966 new coronavirus cases in latest update today.
- White House says deeply troubled by the arrest of Jimmy Lai in Hong Kong.
- Japanese markets are back from a long weekend (Monday holiday), Nikkei stock index is up 1%.
What happened? Facebook presented an earnings report on July 28…
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is trading slightly below the Tenkan Sen level…
In our FOMC Meeting live coverage on YouTube yesterday, we sent out a short signal on USD/JPY around 25 minutes after the decision and right before the press conference.