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Monthly archive July, 2016

USD/JPY, USD/CAD: Fade Upticks Targeting 100 & 1.2830 respectively – Barclays

We are looking for evidence of a top in USDJPY and USDCAD as they approach upside resistance.

Given the multi-month underperformance of the Greenback against both JPY and CAD, we prefer to fade upticks for a return to the Read More →

EURUSD – Euro Offers Trade Opportunities Versus US Dollar

Key Points

  • The Euro after trading below 1.1000 found support and moved higher against the US Dollar.
  • Read More →

USDCAD – US Dollar Poised For Break Versus Canadian Dollar

Key Points

  • The US Dollar enjoyed solid gains against the Canadian dollar and looks set for more Read More →

Preview: US: Consumer Confidence (Jul)

Conference Board Consumer Confidence (Jul) - Tue 7/26 - 10AM ET

Copyright © 2016 SEB, eFXnews™Original Article Read More →

Yen gains strength despite BOJ easing expectations

US shares closed lower on Monday in light volume trading day, dragged lower by sluggish energy stocks as oil prices briefly hit their lowest in nearly three months.

The dollar slid ahead of the Federal Reserve's two-day FOMC meeting Read More →