AUD/USD Stuck in No Man’s Land, USD/JPY Blasts Off as Bears Taken to Woodshed

USD/JPY’s rally gains momentum after two key resistance levels are breached. Meanwhile, AUD/USD remains stuck in a consolidation channel, with range trading strategies still looking attractive.

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EUR/USD on Meltdown Watch, Nasdaq 100 Holds Steadfast After Bullish Breakout

EUR/USD drops and heads towards confluence support at 1.0820/1.0785 as sellers pounce. Meanwhile, the Nasdaq 100 charges higher and sets fresh 2023 highs following last week’s bullish breakout.

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USD/ZAR Update: South African Rand Facing Downside Risk Ahead of Inflation Data and SARB Rate Decision

The South African Rand (ZAR) has struggled the last two days as a resurgent dollar adds to the currency’s woes. R20/$ on the horizon?

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British Pound (GBP/USD) Update: BoE’s Bailey, Elevated US Bond Yields

Bank of England Governor Andrew Bailey says the UK’s outlook is getting brighter but the central bank’s commitment to 2% inflation ‘is unwavering’.

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