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Monthly archive August, 2017

USD/JPY: Threatens A Large Bearish Triangle; Bounce Temporary – Credit Suisse

Credit Suisse FX Technical Strategy Research argues that USD/JPY bounces from current levels looks temporary, with resistance at 110.85/111.05 now ideally capping to keep the risks directly lower to test the low of the year at 108.13.

"Below here Read More →

Oil rises on Hurricane Harvey; EUR and USD react differently following Jackson Hole lack of direction

No major giveaways for upcoming monetary policy strategies from both the Fed and the ECB post-Jackson Hole. The two central bank chiefs were focused on the changes taken place a decade after the financial crisis, however markets still managed Read More →

USD/JPY: Real Flows In The Driver Seat: Levels To Watch – BTMU

BTMU FX Strategy Research notes that real flows are currently driving USD/JPY movements.

"Foreign investors bought JPY1.7 trillion of JPY securities Aug 13-19, with recent net inflows into short tenure JPY assets hitting JPY2.2 trillion. Foreign investors are still Read More →

USD: Extremely Oversold On 3 Indicators; What’s Next? – UOB

UOB FX Strategy Research argues that there are 3 key indicators suggest that the USD may be oversold and that it may be unrealistic to extrapolate the USD weakness that we had witnessed so far this year.

"The three Read More →