EURJPY Monthly:

Monthly support at 127.07 and 121.61, resistance at 133.12.

Price is forming a triple top at the 133.12 monthly resistance level. MACD has crossed down confirming the change in trend.

Long term target would be 121.61 monthly support.

 Integral (www.integral.com), a leading financial technology company in the foreign exchange market, today announced the hire of Riina Sulonen to lead its global marketing initiatives.

Hundreds of thought leaders from every corner of the industry will come together at the 2022 Payments Summit, hosted by the 

Digital distribution eliminates inefficient, paper-based processes, improves capital utilization and risk mitigation, and provides liquidity to support clients.

Security and Risk Officer Microsoft Azure to Provide Expertise to Support Drawbridge’s Continued Growth

• New plans from the FCA will ensure a higher standard of consumer protection for users of financial services.
• Today’s consultation takes on board feedback from and engagement with the industry and consumer groups following initial proposals published in May.
• It sets out more developed proposals for new rules which will require firms to focus on supporting and empowering their customers to make good financial decision and avoiding foreseeable harm at every stage of the customer relationship.

Colt Technology Services has today announced that, in partnership with the UK’s largest independent Full Fibre platform, CityFibre, it is enhancing the reach of its UK metro network in eight regional cities across the UK; Leeds, Bristol, Slough, Bracknell, Reading, Milton Keynes, Edinburgh and Glasgow.

Summary: A weaker than expected read on the Eurozone Sentix Investor Confidence, a diffusion index which is a leading indicator of economic health weighed on the already anaemic Euro. The shared currency slid 0.22% against the US Dollar to 1.1280 (1.1307 yesterday). This lifted the Dollar Index (DXY), where the Euro has almost 60% of the weight, to 96.30 from 96.17, up 0.15%. In the bond markets, interest rate traders bolstered bets on a faster pace of Fed rate increases by pushing US treasury yields higher.

Flow Traders and MarketAxess Holdings Inc.today announced that Flow Traders has committed to become a name-disclosed liquidity provider in U.S. high yield corporate bonds, Euro-denominated investment grade and high yield bonds and emerging market sovereign bonds through the MarketAxess trading platform. Flow Traders is also actively contributing streaming prices as a market maker for U.S. high yield corporate bonds on the anonymous Live Markets™ order book. 

The global payments company, SimplyPayMe, has integrated a software product through Smart Code Engine for credit card scanning in their mobile app. The integration enables SimplyPayMe merchants to receive frictionless, contact-free card payments through a software-based Point-Of-Sale (POS) system without having to manually type in numbers.