Monthly Archives: February 2018

GBP JPY Weakness Nears Important Technical Support

Both Sterling and the Japanese Yen are refusing to listen to their respective central banks, causing the pair to move lower. In the case of GBP, the Bank of England (BoE) recently signaled that UK interest rates are going to move higher this year and probably at a quicker pace than previously…

US CPI inflation is key for sentiment and US dollar

The recent spike in volatility and flight to safety was driven by the fear that the fires of inflation were being stoked. Born out of a jump in US earnings growth as part of the payrolls report, bond yields have risen sharply and equity markets have sold off. The past few days has seen a modicum of…

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