Author: FX
EUR/JPY is showing fresh signs of momentum fatigue after a multi-week rebound attempt. The latest daily candle pushed sharply lower from the 184.50 area, hinting that sellers are still active near recent highs. At the same time, a closely watched momentum gauge has flipped, putting the recent upswing back under scrutiny. Traders often treat this type of shift as an “early warning,” but the follow-through is what tends to separate noise from a meaningful turn. Welcome to “TA Alert of the Day.” Each day after the market close, MarketMilk scans for popular technical indicator alerts. We use these alerts as…
The Chemistry, Manufacturing, and Controls (CMC) module is a gating factor, requiring strict compliance with FDA guidance, and any regulatory changes could impact timing; FDA currently supports using eGFR slope as primary endpoint but ongoing submission depends on adequate funding and completion of regulatory requirements. Source link
OCBC notes that the Malaysian Ringgit has weakened alongside regional peers despite Malaysia’s commodity‑exporter status. The bank observes an inverted head‑and‑shoulders pattern in USDMYR, typically signalling bullish reversal, and highlights nearby resistance at 4.0150, 4.0330 and 4.0560, with support at 3.9630 and 3.9370, suggesting scope for further Ringgit softness in a risk‑off environment.Ringgit vulnerable despite commodity support”Amongst the Asian FX (over 5-day change vs USD): INR, PHP and MYR led declines.””The decline in MYR shows that no currency is immune from geopolitical shocks even as Malaysia’s position as a net commodity exporter can support the MYR.””The MYR can still soften…
The NASDAQ index continues to trend lower, extending its decline with the price now down about 1% on the day at 20,737. The selling pressure remains persistent, with buyers unable to generate much of a meaningful rebound, keeping the near-term bias tilted to the downside.From a technical perspective, the index is now closing in on an important support zone defined by a swing low from late July 2025 at 20,573. That level represents a key barometer for buyers and sellers. If the price can find support and stabilize there, it may signal at least a short-term pause in the decline.…
Australia’s February CPI landed net soft, prompting traders to lean net bearish, and AUD eventually breaking down and closing the week as the worst-performing major currency pair in the G10. Here’s how we chose AUD/USD post event and the strategy scenarios to study, and what it teaches us about trading around a known catalyst in a volatile macro environment. Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high-quality discretionary trade idea before working on a risk & trade management plan. If you’d like to follow our “Watchlist” picks…
Investors hold their nerve on aerospace amid conflict risks: BNP Paribas Source link
The British Pound (GBP) edges lower against the Japanese Yen (JPY) on Monday as the Yen strengthens across the board after Japanese authorities stepped up verbal intervention following USD/JPY’s move toward the 160.00 level, a threshold that has previously triggered official action.At the time of writing, GBP/JPY is trading around 210.2, marking its lowest level since March 6.Japan’s top currency diplomat, Atsushi Mimura, said on Monday that authorities will not rule out any steps to respond to excessive currency moves. He warned that speculative activity is picking up in FX markets and added that if it continues, “we believe decisive…
The USD is pushing to new session highs against the EUR, GBP, CHF, and AUD in late-day trading, showing renewed demand even as US yields move lower. The 2-year yield is down -7.4 basis points to 3.840%, while the 10-year is off -8.6 basis points at 4.354%. That divergence—stronger dollar alongside falling yields—suggests flows and positioning are currently outweighing rate dynamics.At the same time, oil prices are holding firm, while equities are losing some upside momentum. The Nasdaq has erased earlier gains and is now chopping around unchanged. The S&P is still modestly higher by 0.21%, and the Dow is…
Rabobank’s Senior FX Strategist Jane Foley notes that the Pound has been the second best performing G10 currency after the Dollar since the Middle East conflict, driven by a sharp repricing of Bank of England (BoE) policy expectations. Rabobank economist Stefan Koopman now sees risk of only one BoE hike, potentially in April, and the bank expects EUR/GBP to move toward 0.87–0.88 over 3–6 months as UK growth and stagflation risks weigh on Sterling.Sterling strength seen fading versus Euro”After the USD, the pound is the second best performing G10 currency since the start of the war in the Middle East.…
PAVmed Non-GAAP EPS of -$1.05 Source link