USD/JPY Forecast: The USD Gives Up Early Gains Against JPY
The US dollar initially rallied during the training session on Thursday as we tried to rally a bit. Having said that,…
Is the USDCAD a buy from a technical perspective? BofA likes it fundamentally.
The Bank of America is seeing the USDCAD as a buy (see post here). But what does that trade idea…
EUROZONE PRELIMINARY MANUFACTURING PMI SLUMPS TO 49.6 IN JULY VS. 51.0 EXPECTED
Eurozone Manufacturing PMI arrives at 49.6 in July vs. 51.0 expected. Bloc’s Services PMI falls to 50.6 in July vs.…
More from China’s SAFE – capital has been flowing out from emerging markets
China’s FX regulator is the State Administration of Foreign Exchange (SAFE). This earlier: Chinese commercial banks bought USD 5.9bn of…
NLMK Group is 1 mln tons behind its production targets
Since the beginning of the year, the NLMK Group has reduced production volumes by approximately 1 million tons compared to…
USD/ZAR: Sustained Upper Price Band Creating Choppy Values
The USD/ZAR has traversed within its upper price range for the past week, frequently trading above the 17.00000 level with…
Australia data – Westpac leading index (June) fell, but still indicates trend growth
Summary points from WPAC’s report: Growth rate slows to 0.40% from 0.56% Still indicating above trend growth momentum near term…
The dollar fell below 55 rubles for the first time since July 4
The ruble strengthens its growth during the day: the dollar went below 55 rubles for the first time since July…
AUD/USD Forecast: Australian Dollar Gives Up Early Gains
The Australian dollar initially tried to rally Monday but has struggled near the 0.6850 level. Ultimately, this is a market that I think…
RBA Dep Gov Bullock says household balance sheets are in very good shape
Reserve Bank of Australia Deputy Governor Michele Bullock speaking on: How are Households Placed for Interest Rate Increases? Headlines via…