The great thing about the Yen index is that it is not European weighted and therefore far more representative of Yen strength and weakness.
Price action over the last two weeks has been classic eurodollar with an initial move lower now reversing with the pair now…Continue
Last week's oil stats were the catalyst for the continued sell off in the WTI June contract which saw the oil price fall to $90 per barrel, before bouncing back with strong volumes on Thursday and Friday to close above the $95 per barrel price point.
However, yesterday's price action on the daily chart has now…Continue
Indeed the end of month was disappointing for the June contract which closed at $93.46 per barrel, having opened at $94.42. …Continue