Hemingway

What a morning for the yen. After a sharp rally on the back of the Bank of Japan meeting on Friday, USD/JPY surged to 160.00, however, it has since dropped back to 156.00, which suggests official intervention to stem yen weakness. USD/JPY is currently bouncing off its lows as we move through Monday

AUD/JPY extends its winning streak after the lower-than-expected Tokyo CPI data released on Friday. The Australian 10-year Government Bond Yield has reached a 21-week high of 4.59%. Tokyo CPI has fallen below the Bank of Japan's (BoJ) 2% target for the second time this year. AUD/JPY extends its winn

EUR/USD whipped on Thursday after mixed US data plagued markets. US GDP slowed faster than expected, but PCE inflation measures warn of still-high prices. US PCE Price Index figures due during Friday's US market session. EUR/USD whipsawed somewhat on Thursday, and the pair is heading into Friday's e

Meta fell 15% in the afterhours trading despite earnings beat as investors didn’t like the weaker-than-expected revenue forecast for the current quarter and even less the news that the company will be spending more money to improve its AI capabilities. Tesla jumped 12% regardless of revenue miss. Go

After an explosive start to 2024, which has seen Commodities across the board hit new multi-year and all-time record highs – prices have pulled back this month as trader’s bank windfall profits to offset losses in other asset classes such as Equities. According to JP Morgan, the $2 trillion selloff

Poland's retail sales expanded at a steady pace at the end of the first quarter, figures from Statistics Poland showed on Tuesday. At constant prices, retail sales climbed 6.1 percent year-on-year in March, the same pace as in February, which was the quickest growth in twenty one months. The expecte