GBP/JPY Upbeat As Safe-Havens Are Pressured
Renewed hopes around the situation in Ukraine turns markets away from safe-havens such as the Japanese Yen, helping the pair rise
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Renewed hopes around the situation in Ukraine turns markets away from safe-havens such as the Japanese Yen, helping the pair rise
Sentiment got a lift from news of upcoming meeting between the foreign ministers of US and Russia, helping the pair extend yesterday’s gains, along with a moderation in Fed expectations
Markets continue to monitor news around Ukraine, while yesterday’s minutes from the Fed cooled market expectation for the bank’s tightening path
The pair is profitable today, helped by broader sustained market optimism around Ukraine and the rise in UK’s CPI Inflation, as per today’s data
Yesterday we saw market optimism around the situation in Ukraine, which send the pair higher and today it extends gains, as the European session gets underway
The pair fluctuates as markets react to a series of news in regards to the situation in Ukraine, which remains in the main theme today
The pair extends Friday’s risk-off decline, as fears of war in Ukraine persist and weigh on sentiment
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US CPI Inflation surged to its highest levels in forty years yesterday, sparking increased volatility and eventually works in favor of the US Dollar
Consumer Price Index data from the United States dominate today’s calendar, with the pair advancing at the start of the European session, along with US Yields
The pair managed to post gains on Wednesday, but as today’s European session gets underway, it is subdued, awaiting inflation figures from the US
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