Intra-Day market moving news and views

Update Time: 14 Jan2022 05:30GMT.

USD/JPY - 113.80.. Dlr remained on the back foot in hectic Asian trading on Fri, despite staging a recovery fm Thur's 3-week low at 114.01 (NY) to 114.22 in Australia, the pair came under renewed selling due to safe-haven yen buying on the back of intra-day weakness in Asian stocks following o/n decline in U.S. equities, price penetrated 114.01 to 113.75 ahead of Tokyo lunch break.

Despite intra-day resumption of recent decline, loss of downward momentum should prevent steep fall n expect 113.15 sup to hold. Offers are tipped at 114.10/20 with stops abv 114.40 while some bids are noted at 113.75/65 with some stops below 113.50.

T.G.I.F., US will later release a slew of eco. data and 2 Fed officials are also to speak in NY morning. Pat attention to retail sales n University of Michigan consumer confidence, if actual readings come in stronger than street forecast, this may well trigger a pre-weekend short covering rebound in the greenback.

Trendsetter does not warrant or guarantee the accuracy, timeliness or completeness to its service or information contained therein. Trendsetter does not give, whatsoever, warranties, expressed or implied, to the results to be obtained by using its services or information it provided. Users are trading on their own risk and Trendsetter shall not be responsible under any circumstances for the consequences of such activities. Trendsetter and its affiliates, in no event, be liable to users or any third parties for any consequential damages, however arising, including but not limited to damages caused by negligence whether such damages were foreseen or unforeseen.

Feed news

Latest Forex Analysis

Latest Forex Analysis

Editors’ Picks

EUR/USD rebounds to 1.1350 on modest dollar weakness

EUR/USD regained its traction after declining toward 1.1320 during the European session and rose to 1.1350 area. The dollar's is facing modest selling pressure amid falling US Treasury bond yields and allowing the pair to continue to edge higher ahead of the weekend.


GBP/USD struggles to pull away from 10-day low set near 1.3550

GBP/USD fell toward 1.3550 on Friday and touched its weakest level in 10 days. Although the US Dollar Index stays in the negative territory in the early American session, the risk-averse market environment doesn't allow the pair to stage a convincing recovery.


Gold reclaims $1,840 amid falling US T-bond yields

Gold reversed its direction after testing $1,830 earlier in the day and turned positive on the day above $1,840. The benchmark 10-year US Treasury bond yield is losing more than 3% at 1.75%, fueling XAU/USD's rebound.

Gold News

BTC may capitulate to $30,000

Bitcoin price has dropped considerably over the last three weeks. The recent downswing has made things worse for BTC and hints that a steep correction could be on its way.

Read more

Will the Netflix stock price rebound?

Netflix stock edged down after better than expected Q4 results. Will the Netflix stock price rebound? Expectations of rising subscription and higher prices are bullish for Netflix stock price.

Read more