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JPY: Seasonality Slows Foreign Bond Flows – Nomura Yujiro Goto, Research Analyst at Nomura, suggests that Japanese investors sold foreign bonds aggressively last week, according to the MOF. Key Quotes “They sold JPY1555bn ($14.1bn) of foreign bonds, for the first time in seven weeks...

US Index Futures Rise on Oil US stock futures are indicating Wall Street is set to have a good time on the last trading day of the week on account of higher oil prices. At the time of writing, Dow futures were up 97 points or 0.56%. S&P futures were up 0...

BoE Could be a ‘Non-Event’ Next Week – TDS In opinion of strategists at TD Securities, the Bank of England would leave unchanged its monetary conditions at its meeting next week...

XAU/USD: If the US Fed Increases Interest Rate in June Investors’ risk aversion, amid the decline in prices of oil since the end of March and uncertainty of economic situation in the world, has triggered the rise in demand of the Yen and gold...

USD/CAD Turned to Neutral Near Term – Scotiabank Eric Theoret, FX Strategist at Scotiabank, noted the neutral outlook for the pair in the short-term horizon...

Analytical Review of the Currency Pair GBP/USD Technical data of the currency pair: Previous closing: 1.4057; Daily range: 1.4049-1.4080; Opening: 1.4057...

EUR/USD Stuck Around 1.1360, Fedspeak Eyed The common currency keeps the negative tone at the end of the week, with EUR/USD meandering the 1.1360 area. EUR/USD focus on Fedspeak The pair has quickly faded the bullish attempt to daily tops around 1...

Russian Energy Minister Sees a Slight Rise in Oil Exports in 2016 As per Bloomberg report, Russian energy minister Novak said their oil exports in 2016 could be ‘slightly higher’. Iran is already working to boost its production to 4 million barrels per day...

Treasury Yields Rise on Oil and US Growth Prospects Treasury prices in the US fell, pushing the yields higher, tracking rise in oil prices and prospects of a pickup in the US economy. At the time of writing, US 10-yr treasury yield was up almost three basis points at 1.715...

Canada is Expected to Have Grown 10k Jobs in March - BBH Research Team at BBH, suggests that the Canadian dollar’s advance has cut this week’s decline in half and today’s employment data will likely determine how it finishes the week...

GBP During the Campaign Period - Nomura Research Team at Nomura, suggests that currently, bookmakers’ odds imply the probability of Brexit is around 33...

AUD/USD Seen Slipping Towards 0.7475/80 – UOB Analysts at UOB Group noted the Aussie dollar could grind lower to the 0.7475/80 band in the near term. Key Quotes “The price action is line with our view wherein we expect the current pull-back in AUD to extend lower to 0.7475/80”...

USD/JPY: Hard to See a Compelling Argument for a Bounce - Westpac Robert Rennie, Research Analyst at Westpac, suggests that the price action has continued through the last few days, and while USD/JPY holds trend support at 109...

Sell EUR/GBP on Current Strength – Commerzbank Karen Jones, Head of FICC Technical Analysis at Commerzbank, recommended selling the European cross on ongoing strength...

Japan Reported Larger than Expected Currency Account Surplus - BBH Research Team at BBH, notes that Japan did report a larger than expected February currency account surplus. Key Quotes “It rose to JPY2.435 trillion, the most since March 2015, from JPY520 bln in January...

USD/JPY- Offered Near 23.6% Fibo Level The corrective move in the USD/JPY pair ran into offers near 109.11 (23.6% of 113.80-107.66) levels following which the pair fell back to 108.65 levels...

Risks are in Favour of a Topside Break in EUR/USD - Westpac Richard Franulovich, Research Analyst at Westpac, suggests that the risks are in favour of a topside break in EUR/USD as markets embrace a more risk averse posture not to mention the weaker underlying USD signal delivered by Chair Yellen...

USD/CHF Climbs to Highs Around 0.9580 The risk-on sentiment keeps CHF-bulls at bay today, pushing USD/CHF to visit session tops in the 0.9580 area. USD/CHF supported near 0.9500 The pair is extending its advance to the vicinity of the key barrier at the 0...

JPY Advancing Streak has been Stopped - BBH Research Team at BBH, suggests that the surging yen has been the main feature in the foreign exchange market in recent days, but its advancing streak has been stopped with today's setback. Key Quotes “The greenback briefly dipped below JPY 107...

UK: Manufacturing Production Fell Much Larger than Expected - TDS Research Team at TDS, notes that UK’s production in the manufacturing sector fell by a much larger than expected 1.1% in February...