Forexlive Americas FX news wrap: Dollar and bonds go for a wild ride
June US ISM manufacturing index 53.0 vs 54.9 expected US May construction spending -0.1% vs +0.4% expected S&P Global final June US manufacturing index 52.7 vs 52.4 prelim Atlanta Fed…
Read More »EUR/USD Rate to Face Range Bound Conditions on Failed Test of June Low
EUR/USD may face range bound conditions over the coming days as it appears to be defending the monthly low (1.0359).
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Here’s why betting against the BOJ is a ‘widow maker’ trade
This from Bloomberg (gated) ICYMI, tracing some of the history of bets made against the Bank of Japan since, at least, 1994. 1994! Betting against the BOJ has confounded some of…
Read More »EUR/JPY rebounds from 143.10 despite robust Japan Retail Sales data, Germany HICP eyed
The EUR/JPY pair has attracted some significant bids despite the release of the higher-than-expected Japanโs Retail Trade. Japanโs Ministry of Economy
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