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GBP/JPY back above 190 again this morning
As the global stock markets rise to new records in some indexes, the Yen has weakened and beyond the USD/JPY itself we have gains in all the major Yen crosses this morning. That was mentioned here a little earlier, when looking at the EUR/JPY. However, that cross is not alone this morning, because the push higher in the GBP/USD has delivered the GBP/JPY to fresh highs, not seen since 2015. The GBP/JPY has pushed past 190 this morning, lifting just above 190.25. So, the reader is once again reminded about what has been said here previously, regarding the prospect and possibility of this one making it back to 200 at some point this year. We shall see. The GBP/JPY is just now trading at 190.25
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Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
