Intraday Levels News Today

The Yen enjoyed some strength today as Nikkei Asia broke a story that the BoJ are debating a further tweak to YCC policy. Will the BoJ follow through and what does that mean for USD/JPY?

The Yen enjoyed a brief moment of strength in the Asian session, largely on the back of Dollar weakness. USD/JPY continues to hover around 146.50 resistance as bears lack conviction.

The Bank of Canada looks on course to hold rates steady once more. This coupled with a rebound in the Dollar has weighed on the Canadian Dollar, while the long-held view regarding correlation between Oil prices and the CAD continues to be tested.

Cable appears to have run out of steam as retracement signals start to pile up. Are we in for a fresh leg lower before a continuation of the overall trend to the upside?

The ECB Forum is set to start in Sintra today as Central Bankers discuss monetary policy. No real material change is expected as GBPUSD rises ahead of the meeting. Further gains in store?

The Bank of Canada looks on course for another 25bps hike in July. What are the chances Canadian inflation data later this week springs a surprise?

Spot Gold faces continuous hurdles in an attempt to push higher. Could recessionary fears rekindle the safe havens appeal or is a freefall toward $1850/oz incoming?

Spot Gold continues to struggle for a meaningful recovery as the Dollar Index (DXY) began the day on the front foot. Will the DXY continue to hamper golds recovery?

Falling WTI prices, US Dollar strength and Canadian wildfires keep CAD on the back foot. Where to next for USD/CAD?

The Euro and Pound look to capitalize on potential dollar weakness following US debt deal. Low liquidity and the hawkish repricing of Fed Rate hike probabilities provide downside risk. Has the Dollar rally run its course?