Japanese yen flies into the abyss

19 February, 2020

Macro data published this week of the Japanese economy finally hit the Japanese yen: at the beginning of the week it was a report on GDP, today in terms of imports / exports. The whole European trading session in the Japanese yen is a large-scale rally. Investors sell everything and go in dollars.

USDJPY updates annual highs. Together with the Japanese yen, a rally is also taking place in gold quotes, which has reached a seven-year high. We recommend that you double your vigilance and comply with risk management in the current difficult situation.


Source  
Gold looks towards $20009 Jul, 2020  

The gold price finally broke through the elusive and phycological $1,800 mark, and so far today, buying interest has kept it above this critical level, and now...

New virus outbreak to diminish oil demand7 Jul, 2020  

The oil price continues to hover around a 4 month high in today's trading session which has largely been driven by the production cuts agreed to by...

Gold hits 8 year high2 Jul, 2020  

The price of Gold has pulled back in today's trading session after reaching an 8 year high as a rise in coronavirus cases sparked concerns over the economic...


Dollar may enter a bear market9 Jun, 2020  

The US dollar has entered into a period of uncertainty after Friday after the release of job figures from the US gave hope that the economy might...

Gold rises for a third straight day as US riots grow1 Jun, 2020  

The gold price is rallying for a third straight day in today's trading session on the back of US dollar weakness as well riots in major U.S. cities caused by the death...

Oil to suffer long term1 Jun, 2020  

The oil price is down more than 1 percent in today's trading session as the market digested the news on bigger than expected oil inventories in the US...


Is the gold price being manipulated?26 May, 2020  

The lack of volatility or growth in the gold price recently has left many in the market scratching their heads as to why the precious metal has't rallied considering...

Global oil demand has yet to peak, says IEA head26 May, 2020  

During the press conference, the head of the International Energy Agency (IEA) gave a very encouraging comment on the recovery of the oil market...

US shale may halt oil rally19 May, 2020  

The oil price has hit some resistance in today's trading session, taking a pause from its remarkable recovery as major cutbacks from the world's leading oil producers...