Monthly archive February, 2017

All the jawboning is chopping FX rates around all over the place, and I've been reading more and more about de-coupling between the dollar and bond yields. It's too early to conclude that. It's not the short-term rates that matter Read More →

Key Points

• The Aussie dollar recently found buyers near 85.25 against the Japanese yen and jumped higher.
• The AUDJPY pair broke a couple of important resistances, including 85.50 and a bearish trend line on the hourly chart.
• Today in Australia, Read More →

US Dollar index (DXY) fails to hold 100 levels and is now at 99.70. The USD swiftly sold off after after US President Trump and his economic adviser took a hit at how the major US trading Partners namely Germany, Read More →