USD/JPY Bulls Making a Stand on the 110 Handle USD/JPY is making a slight recovery in the Tokyo opening hour, up to challenge the 100 sma on the 15min time frame in a continuation of early Asia's bid...
Yen Strength Continues in Asia, BOJ Watching FX Following a relatively positive start of trading in Tokyo, which saw USD/JPY edge higher towards 110.50, renewed selling pressure in the Nikkei 225, now down by 0.35%, has seen buying flows returning into the Japanese Yen...
AUD/USD Rebounds to 0.7560 on Upbeat China Services The Australian dollar caught a fresh bid-wave against its US counterpart following the release of the Chinese services PMI report, driving AUD/USD back to daily tops. AUD/USD extends recovery above 0.7550 Currently, the AUD/USD pair gains 0...
Sterling looked in pretty decent shape for a short time yesterday, but gains through the low 1.43s were fleeting and the weak underlying trend quickly re-asserted itself...
In the weeks and months ahead, those keeping an eye on Japan and its currency will be treated to a three-ring circus, which started off Tuesday with a break in dollar-yen below the psychological Y110 level for the first time since October 31, 2014...
Monday was a mixed start to the week, but overall it was relatively quiet. Most currencies were flat and only the Yen and the AUD showed some real movements. The performance map below confirms that and we will also see that the AUDUSD and the USDJPY showed the best moves...
Analysts at Westpac explained that two out of three negative signals on GBP direct our portfolio to a short GBP position to be added on any near term strength. "We sell GBP/USD at 1.4450, stop 1.4610...
It looks like that for this week understanding currency movements, and importantly where exchange rates are headed, requires an understanding of risk hierarchies. Global stock markets are selling off as investors flee assets considered to be at risk of sharp declines...
Themes: the Fed in the driver’s seat. Our last report argued that the March ECB meeting would be the most difficult in recent years; the price action that followed has confirmed it...
The following are the latest technical setups for EUR/USD, GBP/USD, USD/CHF, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: We have turned bearish following subsequent ‘‘doji’’ topping candles...
Another month, another strong US jobs report. Nonfarm payrolls grew 215k in March, again far above our 85k estimate of the pace consistent with a stable unemployment rate over the medium term...
We have been saying for some time now that the outlook for the sterling-euro conversion depends on how the 1.25 support zone holds out. On Tuesday the 5th of April it appears that the flood gates have opened and the pound is rushing lower against the euro...
Risky assets are under pressure across markets globally, feeding through in G10 FX to JPY outperformance and commodity FX weakness. USDJPY has traded to 110.27, which represents the lowest level since November 2014...
Analytical Review of the Stocks of McDonald`s Corp. McDonald`s Corp., #MCD [NYSE] Services, Restaurants, USA Financial performance of the company: Index – DJIA, S&P 500...
FX Outlook: JPY Targets 110.00, Stalls at the Initial Test, but Pressure Continues All eyes were on the JPY pairs today, led by USD sales down towards the March lows, breaking below here and 110.50 to put in a test on 110.00...
Daily Analysis of Major Pairs for April 5, 2016 EUR/USD: Once EUR/USD tested the resistance line at 1.1400, it became difficult for the price to go above that line. Bulls have been battering that defense line since last week...
EUROSTOXX50 : The Index is Reversing Downward Following the rise in the index from the lows of mid February at the level of 2700.0, the index EUROSTOXX50 managed to won back part of the losses sustained from the beginning of last December...
Gold continued to be weighed down along with other major commodities on Monday despite persisting weakness in the US dollar and lowered expectations for further Fed rate hikes...
FXWIREPRO: GBP/USD Dips Below Lower Range, Bearish Bias Increases GBP/USD declined on Tuesday as Sterling was hurt by PMI monthly survey of purchasing managers in the service sector made slight improvement in the previous month, but still suggested economy has slowed in first quarter...
