MUFG trade of the week: AUD/JPY to keep on falling
MUFG recommends selling AUD/JPY in a new trade this week and also re-emphasizes its call for buying EUR/GBP. In AUD/JPY, they recommend selling at spot at 89.50 with a target…
Read More »Forexlive Americas FX news wrap: No bad luck on Friday the 13th. Stocks rebound.
himRebound. US stocks move higher today, but still down on the week Silver trades to the lowest level since July 2020 on dollar buying and bearish technicals WTI crude oil…
Read More »Forexlive Americas FX news: As the clock towards the Fed next week, stocks are not happy
May seasonals: What’s in store in the month ahead? Crude oil gives up earlier gains and settles down $0.67 at $104.69 Russia’s Lavrov: Most key customers agreed to gas-payment terms…
Read More »Events to Look Out for Next Week
The French Presidential Election poses weekend risk for the Euro along with ongoing Ukraine jitters, inflation fears and some divergent CB policies continuing to underpin sentiment. The final week of…
Read More »JPY Forecast Q2 2022: Will Inflation Surpass the Bank of Japan’s Target?
The anti-risk Japanese Yen put in a dismal performance during the first quarter of 2022, particularly as March wrapped up. A majors-based Japanese Yen Index that averages JPY against USD,…
Read More »Newsquawk week ahead preview: US, Eurozone and Aussie inflation data; US Q1 GDP
MON: German Ifo (Apr), US National Activity Index (Mar). TUE: NBH Policy Announcement; Japanese Unemployment (Mar), UK PSNB (Mar), US New Home Sales (Mar). WED: Chinese Industrial Profits (Mar), Australian…
Read More »Market Update – April 18
USD boomed, breaching 100.70, Yields rallied significantly, Stocks sank amid thin trade into holiday-extended weekend. The potential aggressive 50 bp rate hikes from the FOMC in May, and likely June too, kept markets…
Read More »Outlook Q2 2022 – Stock Markets
Global stock markets had a torrid time in Q1 registering their worst quarterly performance for 2 years. With a strong USD, elevated commodity prices and record levels of price inflation,…
Read More »U.S. Dollar (USD) Is On Our Radar!
Since the USD plays such a strong role in global economics, we thought it appropriate to see how the USD performance is vs. other currencies and investments. For the U.S….
Read More »USD/JPY Pullback May Continue as Traders Eye Chinese PMI Data Amid Risk-Off Move
The Japanese Yen strengthened for a second day as Wall Street traders shifted out of equities as oil prices rose on a large US inventory draw. China PMI data is…
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