Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is trading within the cloud…
USD/JPY remained above the 110.00
Information is not investment advice
Ichimoku Kinko Hyo
AUD/JPY: The AUD/JPY pair is now testing the Tenkan sen level. A drop of the market will push the market into lower grounds.
European Market View
In Europe in today's calendar the key event will be the ECB meeting: PEPP calibration and the inflation outlook will be the themes to focus on, as hawks in the ECB's Governing Council have recently become more vocal about pro-inflationary risks.
In the other side of the Atlantic the weekly unemployment figures and more Fed speakers will be in focus.
In the equities space, defensives mostly lead the market with utilities as the outstanding sector. Energy, materials and tech trailed. This summarized to S&P -0.1% to close at 4514, Dow -0.2% and NASDAQ -0.6%. Asian markets are mostly lower as well. US futures point to another muted session.
In the FX space, JPY, NZD and USD gained vis-à-vis CAD and Scandies yesterday on a relatively quiet day for the FX markets. USD/JPY remained above the 110 threshold. The run for replacing Japanese PM Suga as party president sparked hopes for renewed fiscal stimulus proposed by one of the running favourites, former Minister for Foreign Affairs Fumio Kishida. EUR/USD, on the other hand, is slowly falling back again towards the 1.1800 level.
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is trading above the cloud…
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now poised to test the lower level of the cloud…
What is happening? The global energy crisis spreads around the globe…
The year started only a couple of weeks ago, but we already have a lot of fascinating movements in various trading instruments. To help you in trading, we choose several forex pairs that may surprise you and plunge greatly in a short period.
Breaking news: coronavirus won't be the number one enemy of the global economy in 2022…