BOJ warns of potential financial system risks triggered by pandemic – Reuters
Forex News

BOJ warns of potential financial system risks triggered by pandemic – Reuters

In a semi-annual report analyzing Japan’s banking system, the Bank of Japan (BOJ) warned that if the coronavirus pandemic is prolonged, it could destabilize the Japanese financial system, per Reuters. Key headl...

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Forex News

Rises back to 1.08, potential double bottom on 1H

EUR/USD looks to be creating a double bottom pattern on the hourly chart.  A break above 1.0836 is needed to confirm a price breakout.  The American dollar is losing ground in Asia amid the uptick in the US st...

USD/JPY ???????????? ???????? – UOB
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JPY Futures: Potential rebound ahead

CME Group’s flash data for JPY futures markets noted open interest retreated for the third session in a row on Monday, now by more than 3K contracts. In the same line, volume shrunk by 10.3K contracts, adding t...

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Potential for a move toward 1.35 – TDS

As Investors continue to digest Tuesday’s surprise Fed rate cut and Super Tuesday results, TD Securities’ focus shifts to today’s BoC policy decision. USD/CAD trades at 1.3350. Key quotes “TD looks ...

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Forex News

Potential top in place? – Commerzbank

The 1.2950 region is seen holding the topside following the recent price action in Cable, noted Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank. Key Quotes “GBP/USD has not sustained the ...

AUD/USD keeps it around three-week low to 0.6850 ahead of Aussie Retail Sales
Forex News

Potential bear trap at major support area, target 0.68

AUD/USD bulls looking to buy into the buy stop liquidity. Stops will be located above trendline support and subsequent resistance on the way to 0.6880s. AUD/USD has been a head-scratcher following a series of ...

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Forex News

ECB is attentive to potential side effects of policy

Keynote speech by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB, at the celebration of INVESTAS’ 60th anniversary. Introduction The outlook for euro a...

GBP/USD ???????? ? ????????? ? 15 ???????
Forex News

Potential extra gains to the 1.3280 zone – Commerzbank

In opinion of Karen Jones, Team Head of FICC Technical Analysis at Commerzbank, Cable could still advance to the 1.3280 region. Key Quotes “GBP/USD held steady holding on to recent gains and we will assume that...

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Forex News

Rises above 110.00, potential head-and-shoulders on 1H

Risk reset in stocks is boding well for USD/JPY.  The pair may be forming a head-and-shoulders pattern on the hourly chart.  USD/JPY has risen above 110.00, tracking the 0.30% rise in the S&P 500 futures. ...

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Forex News

Increased potential of a further move higher over the short-term – MUFG

Analysts at MUFG Bank, see the USD/JPY pair with some bullish potential. They expect the pair to trade over the next weeks in the 107.00-112.00 range.  Key Quotes: “Risk appetite is favourable and with major ce...