Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="AceTRaderForex, post: 204609, member: 22847"] [B]AceTraderFx[COLOR="darkred"] Feb 11: [/COLOR]Intra-Day News and Views & data to be released today –USD/JPY Intra-Day Market Moving News and Views[/B] Update Time:[B] 11 Feb2022[/B] [I]05:30GMT[/I] USD/JPY - 116.07.. The pair moved narrowly in Asian morning (market in Japan is closed for National Foundation Day holiday) after overnight usd's 'wild' swings vs other G6 counterparts. Despite jumping briefly on red-hot U.S. inflation data (headline Jan annual CPI climbed to 7.5% vs 7.2% forecast, the highest print in 40 years) n rising U.S. yields where benchmark 10-year hit fresh 2-year peak of 2.0556%), the greenback erased its intra-day gain vs other G6 peers as U.S. stocks shrugged off the inflation data n rebounded. However, price later ratcheted higher to 116.11 on safe-haven usd, jpy & chf buying a U.S. tumbled in afternoon trading following hawkish comments by St. Louis Fed President Bullard (2022 FOMC voter n a die-hard hawk). As dlr has caught a fresh bid vs other G6 currencies in Asia, re-test of Jan's near 5-year peak at 116.34 is envisaged where a daily close above there would bode well for price to head towards 116.83 next week. Bids re noted at 115.90/80 with stops below 115.65 while some offers are tipped at 116.30/35 with some stops reported abv there. T.G.I.F., after release of Thur's key U.S. inflation data, U.S. will later release University of Michigan consumer confidence. Traders will take cur from intra-day moves in U.S. yields n U.S. stocks, further weakness in U.S. equities as well as gain in U.S. yields would trigger further usd buying but as yen is viewed as a safe-haven currency, selling the euro or sterling will offer higher payoffs. [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…