Stuck in a range between 1.06 and 1.10 this year – Rabobank
In the year-to-date USD/JPY has traded in a mighty range that has stretched almost from 140 to 162. By contrast EUR/USD has been stuck between 1.06 and 1.10, Rabobank’s FX…
USDCAD little changed after the Canada jobs report
The USDCAD is little changed after the Canadian jobs report. Although the employment change was lower by -2.8K versus +22.5 estimate, the full-time jobs increased by 61.6K. The part-time jobs…
To go back to the 138/140 area – ING
USD/JPY can hang around this 145/148 area. It’s doubtful it sustains a move over 150 and, ING’s FX strategist Chris Turner notes. USD can hang around this 145/148 area “Also…
ECB’s Rehn: Recent market turmoil is an overreaction to uncertainty and thin liquidity
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…
Risk aversion may be levelling off in the short-term – OCBC
The Fed has no intention of delivering an emergency rate cut before the FOMC meeting on September 18. The Fed wants markets to view the coming rate cuts as preserving the…
S&P 500 Technical Analysis – Heavy deleveraging amid surprisingly weak data
Fundamental OverviewAt one point it looked like the worst was behind us as the S&P 500 rallied almost 3% on a single day following the BoJ and FOMC decisions. Unfortunately,…
EUR/USD bounces after NFP misfire pummels Greenback
EUR/USD bumps back over 1.0900 after bad US NFP print. Broad-market concerns of a US slowdown jumped on Friday. Coming up next week: US ISM Manufacturing PMI, EU Retail Sales…
Kickstart the FX trading day for Aug. 1 w/a technical look at the EURUSD, USDJPY & GBPUSD
The Kickstart video for August 1 take a technical look at the 3 major currency pairs - the EURUSD, USDJPY and GBPUSD. The EURUSD moved lower in sympathy with the…