The Swiss franc is still trading below 1.10 against the single currency despite short-term bullish pressures on the pair. We believe that there is at the moment two major reasons that are pushing the euro against the Helvetic currency...
As expected, the Reserve Bank of Australia kept its cash rate unchanged at 1.50%. Despite the widely-held view for no change, there was still a level of disappointment that the RBA refrained from discussing “normalisation” or offering a hawkish lean...
The AUD/USD pair remained under some selling pressure through European trading session and dropped session low near mid-0.7600s, albeit has managed to recover few pips thereafter. Investors now seemed to have realized that the greenback selling might have been overdone in the near-term...
The global wave of populism has finally reach Japan’s shores. In an historic upset, Tokyo Governor Yuriko Koike's Tokyo Citizens First Party and its partners won a clear victory at Sunday’s Tokyo Metropolitan assembly election. The political party, practically unknown outside of Tokyo...
After a painful week, the US dollar started the week on the front foot, extending gains against most of its peers. The dollar index tumbled 2% last week amid a sharp appreciation of the single currency (+2.07%), the loonie (2.34%) and the pound (+2.41...
USD/JPY has suffered a slight setback in the early hours of Monday trade, with the exchange rate reaching a session low of 112.10 from 112.42 NY close last Friday, before an attempt to recover its footing and fill the gap, last at 112.30...
AUD/USD clocked a low of 0.7673 after the data released in Australia showed the building permits in May tanked 5.6% m/m. The drop was way bigger than the expected -1.3% print. China Caixin PMI showed the manufacturing activity returned to expansionary territory in June...
After 15 straight quarters of growth, the Eurozone is currently at mid-cycle, with economic expansion above trend, core inflation low, and there is room for unemployment to fall further, said UBS Chief Investment Office (CIO...
The upcoming week will be dominated by PMI releases and labor market data from around the globe. CIO expects the data to support the view of strong global growth. The central bank meetings in Australia and Sweden are unlikely to bring any big surprises...
According to analysts from Danske Bank, it is too early for a discussion about the exit strategy from the Bank of Japan. They see EUR/JPYmoving toward 137 in a year from now. Key Quotes: “We see any discussions regarding an exit from unconventional policy by the Bank of Japan (BoJ) as premature...
Cable’s near-term outlook stays neutral/bearish, according to Chief FX Strategist at Socotiabank Shaun Osborne. Key Quotes “Intraday price action looks a little soft again with Cable struggling to hold above 1.30...
Switzerland's KOF Leading Indicator reversed the prior month’s weak read surging to 105.5 (from 102.0 in May). The jump nearly covered last month’s decline and highlighted that the upwards trend indicates near term outlook remains solid...
Unexpectedly, China's NBS PMI surprised higher providing evidence that the China growth story remains undervalued and there is still solid external demand. China's June NBA manufacturing PMI increased to 51.7 above 51.0. The good data was driven by new orders and higher production readings...
EUR/USD resumed the upside during the American session as the spread between US and European bond yields narrowed further and amid a decline in equity prices in Wall Street. The pair reached a new 1-year high at 1.1444 and remains near the top, holding a strong bullish tone...
Analysts at Nomura explained that among G4 central bank chiefs, Governor Kuroda's stance has not materially changed. Key Quotes: "JPY weakness against European G10 FX is in line with our view of monetary policy divergence, and the EUR/JPY appreciation trend may continue in the medium term...
The USD/JPY pair, which lost its bullish momentum near the 113 handle in the early NA session, came under a renewed selling pressure and fell below the 112 mark. As of writing, the pair is trading at 111.97, losing 0.28% on the day. The latest blow to the greenback came from the St...
Politics and BoE are filling the hard data void as markets leapt on apparent shifts in BoE towards accommodation reduction, suggests Tim Riddell, Research Analyst at Westpac...
Fed members look concerned by the level of equities. San Francisco Fed President John Williams declared recently that the stock market is “running on fumes” while Janet Yellen said that current stock valuation levels are “rich”...
The single currency continues to climb higher amid anticipations for tighter monetary policy in the Eurozone and in UK. Investors were absolutely not disrupted by Draghi and Carney‘s apparent communication shambles on monetary policy earlier this week...
ข่าวประชาสัมพันธ์สำนักข่าวอินโฟเควสท์ (IQ) - พุธที่ 28 มิถุนายน 2560 22:35:42 น. สัญญาน้ำมันดิบล่วงหน้า WTI พลิกพึ้งขึ้นในวันพุธที่ 13 ธันวาคม พ.ศ. 2554 นี้กระทรวงพลังงานสหรัฐเปิดเผยว่า สัปดาห์ที่แล้ว เวลา 22.17 น. ตามเวลาไทยยินยอม (WTI) ส่งมอบเดือนส. ค...