XBR/USD Analysis: Price Near Resistance Zone

USDJPY fell 0.7% in Asia on Tuesday after comments from Japanese official added pressure on the central bank for more rate hikes to further boost strengthening yen. The latest comments further improved yen’s sentiment, though most analysts expect BoJ to keep rates unchanged in the next policy meeting. Fresh weakness is pressuring key supports at […]

Markets In the run-up to tonight’s US elections there’s little appetite for markets to make additional big directional moves. If anything, US Treasuries and the dollar underperform. Positioning over the recent month, the Trump-trade, unveils a final market skew towards a Republican victory despite basically every prediction model showing it’s an extremely close call. Below […]

Yesterday offered an almost ideal news flow for global investors. First, the British inflation came in softer than expected. The most-watched services inflation eased from 5% to 4.4% last month, to the lowest since March 2022, and led to a much-needed relief in the UK gilt markets. The 10-year gilt yield gapped lower at the […]