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The current tightening cycle, which began almost two years ago in Sep 2021 is showing no sign of abatement,...

Yen's selloff experienced a mild respite during the Asian session, bolstered by a spike in 10-year JGB yield that touched its apex since 2014. However, given the widening yield disparities with both US and European counterparts, the outlook for Yen remains bearish, at least in the foreseeable future. Interestingly, despite US benchmark yields soaring to their highest point in over fifteen years, Dollar hasn't capitalized on this momentum. A semblance of stabilization in the risk sentiment landscape further keeps both Dollar and Yen on the softer side.

First-ever enrolment of girls to St. Jarlath's College: Join Ronan Lardner for this new era in the history of one of Galway's iconic schools.

The Euro (EUR) adds to Monday’s decent rebound against the US Dollar (USD) and lifts EUR/USD to the area of multi-session peaks around 1.0930, a regio

Euro is currently the weakest major currency in very quiet markets today, with little of note from the economic calendar. Meanwhile, other European majors are soft too, with Sterling just performing slightly better than Swiss Franc. Meanwhile, the rebound in metal prices is helping Aussie recover, while Kiwi is following. Yen is reversing earlier selloff but there is no sign of a sustainable rebound yet. The markets might just wait for tomorrow's PMI data from major economies to come back to life.