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<p>Since February 20th, when the S&P 500 began selling off from its all-time highs, EUR/JPY has been trading in a volatile trading range between 116.12 and 121.40. However, over the last 4 trading days, the pair has traded lower from 121.08 to today’s lows near 116.96, down almost 1.5% today alone. Support doesn’t come in unt

The US Manufacturing ISM was delayed because of the deliveries, not the Index, as Jennifer Lee from BMO Capital Markets Economics notes. Key quotes "W

In opinion of FX Strategists at UOB Group, prospects for USD/CNH to visit the 7.1700 region appear to have lost traction as of late. Key Quotes 24-hou

Spain has reported a leap of 302,265 jobless claims in March, the worst on record. The country reports its claims early, and it provides guidance for

Traders scaled back their open interest positions by nearly 5.2K contracts on Wednesday according to flash data from CME Group. In the same line, volu

The USD/JPY pair retreated around 30 pips from the Asian session tops, albeit has still managed to hold comfortably above the 107.00 mark. The pair ga

Terence Wu, an FX strategist at OCBC Bank, takes a buy USD on dips posture, with the cyclicals looking most vulnerable at this stage. Key quotes “Expe

Spain Unemployment Change rose from previous -7.8K to 302.3K in March

Further weak economic data weighed on the base metals sector, economists at ANZ Bank inform. Key quotes “Copper fell more than 3%, while aluminium hit

Oman’s Energy Minister Dr. Mohammed bin Hamad Al Rumhi told Reuters on Thursday; he rules out oil prices dropping below $15 per barrel. Additional quo