New Zealand Dollar Looks Past PM Jacinda Ardern’s Resignation, Eyes on Wobbly Markets

The sentiment-linked New Zealand Dollar looked past NZ Prime Minister Jacinda Ardern resigning. Rather, NZD/USD remains focused on wobbly markets after US data spooked traders.

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S&P 500 Reversal Packs More Global Punch Than USDJPY’s Drama

The fallout from the Bank of Japan’s ‘status quo’ monetary policy decision was top spot for macro traders, but the later reversal from the S&P 500 and other risk assets will carry more consequence. Have the bulls capitulated and why did the Dollar recover despite a further slip in rate expectations?

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Japanese Yen Price Action Setups: USD/JPY, EUR/JPY, GBP/JPY

The Bank of Japan didn’t alter policy last night and a large wave of Yen-weakness appeared; but that’s been faded in most pairs already as markets brace for change from the BoJ, at some point.

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Dax 40, Dow and FTSE Outlook: Equities Stall but Bulls Stand Firm

Dax, Dow and FTSE have reached a pivot point that could influence their next move. With fundamental and technical headwinds at play, price action remains key.

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US Breaking News: PPI and Retails Sales Miss to the Downside, USD down, Stock up

Lower CPI and now PPI suggests that US inflation is dissipating. However, dismal US retail sales data during the holidays doesn’t bode well for stocks ahead of Q4 earnings

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