USD stuck in a range
Overnight Headlines *USD erased losses after falling on softer US CPI *US stocks gave up earlier gains to close lower *UK CPI y/y +3.2% vs 2.9% expected, m/m 0.7% vs…
Read More »US CPI on the radar
Overnight Headlines *USD rose to a two-week high before pulling back *US stocks snapped a five-day losing streak *AUD falls on continued dovish RBA Lowe comments *UK unemployment rate falls…
Read More »EUR/JPY Price Analysis: Bears seek a test of 129 the figure
EUR/JPY is holding in neutral territory on the daily chart after making a firm correction of the neckline to the M-formation. As the illustration belo
Read More »Market Update – September 10 – USD Slips, Asian equities rally
Market News USD (USDIndex 92.45) slips from highs as risk sentiment picks up as CB keep their foot on the pump. Biden & Xi had a “productive” 90min call, their…
Read More »Sterling storming back
Cable, Daily The pound has perked up over the last day, with Cable posting a one-week high at 1.3888, just shy of last Friday’s, post NFP pop to 1.3890. EURGBP…
Read More »Market Update – August 23 – Dollar Dips, Equities Hold gains
Market News Today – USD (USDIndex 93.32) ticks lower again today, but holds significantly over 93.00.Yields (10yr 1.26%) lower as Asian stock markets follow US higher. (USA500 closed +0.81% @…
Read More »Market Update – August 17 – Sentiment weak, USD holds gains
Market News Today – USD (USDIndex 92.70) ticks higher again, on risk aversion as Virus concerns (partic. NZ which will enter new nationwide lockdown) and news from Afghanistan weighs. Yields…
Read More »Market Update – August 10 – Qualm gains in the market
Market News Today – Treasuries have been supported and bond as well as stock markets have traded cautiously mixed across the Asia Pacific region. Another stellar jobs report and hawkish…
Read More »Yen Q3 Fundamental Forecast: Road Ahead Remains Tough
The road ahead for the Japanese Yen in the third quarter remains tough, with USD/JPY perhaps looking to rise amid a less-dovish Federal Reserve amid persistent inflationary pressures.
Read More »Market Update – June 22 – Signs of Volatility
Market News Today – Volatility back – Equities rebound, USD slips from recent highs but USDIndex holds at 92.00. US Equities recover (USA500 +58pts to 4224 (+1.40%), Asian markets also…
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