Market Overview

On the left side, you can see that our equity markets used to care very deeply about the Japanese yen. Take a look at the divergence we saw on Friday and I guess we can conclude that, like all other...

In the 1980s and early 1990s, Japan’s economy was nothing short of spectacular. Countries around the globe endeavored to emulate it. Total Quality Management. Just-In-Time. Reengineering. Those...

The Japanese yen has posted strong gains on Friday. In the North American session, USD/JPY is trading at 102.80. On the release front, Japanese consumer inflation and consumer spending indicators...

Euro area HICP inflation was slightly higher than expected in July as it increased to 0.2% y/y from 0.1% y/y in June (consensus 0.1%) . The rise in inflation was mainly driven by food price inflation...

I’m going to show you how to trade against the crowd using the most recent 18 months of daily charts of HUI (Gold Miners), SPX S&P 500, WTIC (Crude Oil), (NYSE:XLE) (Energy) and USD (US...

The euro has posted small gains on Friday, continuing the upward movement we’ve seen in the past two sessions. EUR/USD is currently trading slightly above the 1.11 line.On the release front,...

Bank of Japan Governor Kuroda appears to be the central banker that the markets have the most difficulty in reading. The activist Governor provided the barest of tweaks to what is by nearly any...

EUR/NZD Today’s support: - 1.5548, 1.5513 and 1.5490 (main), where correction is possible. Break would give 1.5474, where correction also may be. Then follows 1.5463. Break of the latter would...

Tokyo DrossOn Wednesday morning we said “I am unsure about what happens from the Bank of Japan in the early hours of Friday morning but I have a funny feeling, given administration comms so far,...

Yen surges after markets are disappointed by BoJ's announcement. The key interest rate was held unchanged at -0.1% while there were speculations that it could be pushed further negative to -0.3%....

I won’t go into huge depth about the BOJ meeting, but it’s fair to say they delivered the minimum. The vote count painted the clearest picture and there was little appetite to increase the...

It’s Bank of Japan (BoJ) Day. For short-term traders very little else matters today. Yesterday, USD/JPY overnight implied options volatility was at the highest since 2008 and the second highest...

The Bank of Japan (BoJ) is increasing its purchases of ETFs but has kept the policy interest rate and bond purchase programme unchanged at -0.1% and JPY80trn, respectively. The BoJ is keeping the door...