Asia AM Digest: Australian Dollar Faces CPI Amidst Stronger USD

To get the Asia AM Digest every day, SIGN UP HERE Current Market Developments – Alphabet Earnings, Poloz Speech Towards the end of Monday’s session, Google’s parent company Alphabet reported first quarter earnings after US market close. EPS and revenue ex-TAC beat estimates. Meanwhile, Bank of Governor Stephen Poloz testified to the Finance Committee. He […]

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GBP/JPY Faces Biggest Test of Month Long Downtrend

GBP/JPY near-term slope identified off the lows Updatedtargets & invalidation levels Short-bias at risk while above 131 GBPJPY Daily Chart Created Using TradingView Broader Technical Outlook: GBPJPY has been probing the 2011 trendline support for the past few months with the most recent pullback rebounding off basic slope support extending off the July lows. The […]