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EUR/JPY tumbles to key support as Italy’s political worries intensify

May 29, 2018 6:23 PM
As concerns over Italy’s political turmoil intensified on Tuesday and Italian debt risks continued to rise sharply, equity markets were pummeled on the increasing likelihood of political and economic instability in the eurozone.

USD/JPY extends breakdown on dovish Fed, heightened geopolitical tensions

May 24, 2018 7:57 PM
USD/JPY continued to breakdown on Thursday as the US dollar came under some pressure after Wednesday’s release of dovish-leaning minutes from the Federal Reserve’s last meeting, and the safe-haven Japanese yen received a boost on heightened geopolitical tensions.

EUR/USD plagued by sustained dollar rally, weak euro

May 23, 2018 5:07 PM
On Wednesday, as markets awaited the scheduled release of minutes from the Federal Reserve’s last FOMC meeting, the US dollar continued to rally, hitting a new year-to-date high.