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Monthly archive February, 2017
USD: Timing The Last Bout Of Strength: ‘It’s Now Or Fairly Soon’ – CIBC
The US dollar’s initial Trump bump has largely been sustained, but the President’s first month in office hasn’t seen any further gains on that front.
Attention has now shifted back to the central bank to give the greenback another Read More →
GBPJPY – Can British Pound Break 140.00 Vs Japanese Yen?
Key Points
- The British Pound traded higher towards 140.40 against the Japanese yen, but failed and moved down.
- There is a crucial bearish trend line with resistance at 140.00 on the hourly chart of GBPJPY, acting as a hurdle for Read More →
Talk of Military spending helps USD ahead of Trump’s congressional address
US dollar was unable to take a clear direction ahead of President Trump’s expected congressional address later today. The US dollar index, measuring the USD’s strength against a basket of currencies has kept mostly within the range of 100.69:101.25 so Read More →
AUD: Stronger For Longer: Where To Target? – NAB
The AUD has continued to defy predictions – including our own – for its imminent descent from the high to the low 0.70s.
Alongside the inability of the USD to recapture almost any of the ground it lost in Read More →