Monthly archive June, 2016

USDJPY – US Dollar Eyeing More Gains Against Yen

Key Points

  • US Dollar slowly and steadily moving higher versus the Japanese yen and may continue to Read More →

GBP Still Vulnerable To Further Declines And EUR Won’t Be Immune To That – ANZ

Despite the sharp fall in GBP so far, we still see it as vulnerable to further declines. The downgrade of the UK’s AAA rating to AA (negative) by S&P has added to the negative tone. Markets had overlooked the UK’s Read More →

Soros warns EU parliament of looming dangers following Brexit

In a speech to the European Union parliament on Thursday, George Soros said Brexit not only created an opening to reinvent the EU but has also aggravated two looming dangers.

Soros said "it unleashed a crisis in the financial Read More →

Daily report on June 29, 2016

Global equities and commodity prices gained on Wednesday as the market expected that policy makers will take actions to stabilize financial markets and national economies after Britain’s vote to leave the European Union.

West Texas Intermediate increased more than Read More →

EURJPY – Is This Recovery True For Euro?

Key Points

  • Euro after collapsing against the Japanese yen found support near 109.50 and started recovering.
  • There Read More →