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The dollar is a touch weaker against the euro as markets enter into an eventful day. Comments from Fed officials suggested that Fed could refrain from tapering the asset purchase for a while. St....

GBP/JPY Daily OutlookDaily Pivots: (S1) 155.17; (P) 155.75; (R1) 156.56;Intraday bias in the GBP/JPY remains neutral for the moment, as consolidation from 156.77 continues. Another retreat could be...

The dollar is a bit softer this week as it consolidates broadly. Chicago Fed Evans said the Fed's policies are "working" and that the U.S. economy "seems to be performing quite well". He's optimistic...

Yen rebounds in Asian session today after Japanese Economy Minister Akira Amari signaled his concern on recent depreciation of the currency. Amari noted that "excessive yen gains have be corrected a...

While there were some brief setback over the week, the trend in the financial markets were unchanged. Up trend in US equities continued with DOW making another record close at 15354.4 while S&P...

GBP/JPY Daily OutlookDaily Pivots: (S1) 155.47; (P) 155.98; (R1) 156.61; Intraday bias in the GBP/JPY remains neutral for the moment; some consolidations can be seen below the 156.77 temporary top. A...

The dollar's overnight retreat was rather shallow as the greenback recovered after comments from San Francisco Fed Williams. He noted that the labor market has clearly "improved since September", and...

GBP/JPY Daily OutlookDaily Pivots: (S1) 155.28; (P) 155.86; (R1) 156.35;Intraday bias in GBP/JPY remains neutral for the moment and some consolidations could be seen below 156.77 temporary top....

According to data released in the Asian session, Japan's economy expanded at a faster than expected pace of 0.9% qoq in Q1, compared to the consensus of 0.7% qoq. That's a notable improvement from...

GBP/JPY Daily OutlookDaily Pivots: (S1) 155.09; (P) 155.57; (R1) 156.18;Intraday bias in GBP/JPY turned neutral, and some consolidations could be seen below 156.77 temporary top. A further rise is...

The dollar extended its recent rally, together with U.S. equities and treasury yields overnight, and stayed firm in the Asian session. The DOW and S&P 500 jumped to a new record high of 15215.25...

Markets have been rather quiet this week. The dollar seemed to have formed a temporary top against other major currencies, and some consolidations will probably come into view. While U.S. yields edged...

GBP/JPY Daily OutlookDaily Pivots: (S1) 155.27; (P) 156.02; (R1) 156.48;GBP/JPY lost some upside momentum but at this point, further rise is still expected as long as 153.26 minor support holds....

GBP/JPY Daily OutlookDaily Pivots: (S1) 155.39; (P) 156.03; (R1) 156.76;Intraday bias in GBP/JPY remains upside for the moment. Current rally is still in progress and should target 100% projection of...

The Yen is edging lower as the week kicking off. The G7 meeting over the weekend signaled acceptance of depreciation in the Japanese currency, even though financial ministers pledged to monitor the...

The developments in financial markets last week were rather significant. On the one hand, U.S. equities continued the run for new records with the DOW breaking through the 15000 level to close at...