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October 9 Trade Ideas: USDJPY Pullback, Oil Price Drop, Fed Outlook

October 8, 2024/

HUBFX Market Report: October 9, 2024 – Trade Ideas and Market Insights Good morning, afternoon, and evening to all our global traders! Today’s economic calendar is packed with Federal Reserve speeches, crude oil updates, and ongoing geopolitical tensions. Market participants are keeping a close eye on the USDJPY, EURGBP, and…

Market Report for HUBFX: USD/JPY Breaks Higher Through Key Moving Averages

September 17, 2024/

September 17, 2024 The USD/JPY pair surged above the critical 100-hour moving average (MA) today, marking a notable shift in market sentiment as the US dollar strengthened against the Japanese yen. This move was driven by better-than-expected US economic data, including robust retail sales and industrial production figures, which provided…