US Feb Payrolls: Headline Strong but Wages Big Disappointment – ING Rob Carnell, Chief International Economist at ING, notes that the US labour report was its usual mixed bag – but we think the release is dominated by the soft wages component...
Near-Term Dollar Outlook is Nuanced - BBH Research Team at BBH, notes that the US dollar fell against all the major and most of the emerging market currencies last week as the risk appetites have been rekindled, and the yen has gone from the best performer in recent weeks to the worst over the pa...
USD/JPY Attempts Tepid-Recovery from 113.50 Having bounced-off a dip to 113.50 levels pre-China open, the USD/JPY pair now continues to move back and forth in a slim range amid mild risk-off seen in Asia so far. USD/JPY supported at 113...
Pivot Points MONTHLY Last Updated: Mar 7, 7:03 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 0.98974 1.04588 1.06651 1.10202 1.12265 1.15816 1.2143 USD/JPY 93.993 104.512 108.585 115.031 119.104 125.55 136.069 GBP/USD 1.24708 1.33042 1.36075 1.41376 1.44409 1.4971 1.58044 USD/CHF 0.87851 0.93736 0...
Pivot Points WEEKLY Last Updated: Mar 7, 7:02 am +03:00 Symbol S3 S2 S1 P R1 R2 R3 EUR/USD 1.05201 1.07379 1.08693 1.09557 1.10871 1.11735 1.13913 USD/JPY 108.685 111.085 112.425 113.485 114.825 115.885 118.285 GBP/USD 1.32749 1.36881 1.3955 1.41013 1.43682 1.45145 1.49277 USD/CHF 0.96285 0...
Asian Stocks Trade Mixed, Nikkei Drops as Yen Strengthens The sentiment on the Asian indices appears mixed on Monday, posing a cautious start to the week, as markets assess the Chinese GDP growth target as well as the US jobs data...
AUD/NZD Attacks 1.0900 Amid Cautious Asia The AUD/NZD cross cane under renewed selling pressure over the last hours, and now tests 1.09 handle as the AUD remains weaker against its OZ neighbour. AUD/NZD faces stiff resistance near 1.0925 region Currently, the AUD/NZD pair trades -0...
EUR/USD cautious start to the ECB week, Below 1.1000 The EUR/USD pair witnessed a minor bearing opening gap this Monday, falling nearly 20 pips form above 1.10 handle, and now extends further to the downside amid broad based US dollar recovery. EUR/USD capped by 1...
NZD/USD Could be a Keeper, but Eyes on RBNZ - Westpac Imre Speizer, analyst at Westpac explained that the positive reversal in global risk sentiment in mid-Fed accelerated last week, pushing most equity and commodity markets higher. As a result, high-yielding risky currencies have outperformed...
AUD/JPY: Tracking the Upside but Overdone? AUD/JPY is currently is trading at 84.33 with a high of 84.53 and a low of 84.09. AUD/JPY has tracked the recovery in of both USD/JPY and the Aussie...
A British decision to leave the European Union would be “poison” for the UK, European and global economies that would last for years, the German finance minister has said...
The US dollar fell against all the major and most of the emerging market currencies last week. Risk appetites have been rekindled, and the yen has gone from the best performer in recent weeks to the worst over the past week. Major equity markets advanced for the third week...
Seven years ago on Saturday (5 March), the Bank of England slashed interest rates to a record low of 0.5%. At the time, the cut and plans to pump billions of pounds of electronic money into the economy seemed like an emergency measure to cushion the UK from the global financial crisis...
The US dollar found itself under pressure this week as despite a run of relatively positive economic numbers, the Fed hinted that the March meeting will not really be a ‘live’ one...
According to today's employment report, 59.8 percent of Americans ages 16 and older had jobs in February. That's the highest employment-to-population ratio in years, and the rate of increase is clearly on the rise. Look back some more years, though, and the story is different...
Remember the hype over bitcoin? The crypto-currency that so tantalized techies and excited investors is today in a sorry state: Its core supporters are at war with each other and ordinary consumers still don’t care about this supposedly revolutionary form of money...
Americas Roundup:u.s. Dollar falls As Drop in U.s. Wages Suggests Dovish Fed, Gold Retreats from 13-Month High in Volatile 05 Maret 2016 6:25 AM Market Roundup US Feb nonfarm payrolls rise by 242k vs forecast 190k, Avg hourly earnings -0.1% v 0.2% forecast. US labor force part rate 62.9% v 62...
On 23 June 2016, the UK will hold a referendum on whether to remain part of the EU. Suppose the UK votes to leave the EU. What happens next? Unfortunately, no one knows. A vote to remain in the EU would be a vote to maintain the status quo...
