FX News

EUR/USD: Looking For USD To Stage A ‘Sizable’ Move Higher In The Near-Term – BofAML

Bank of America Merrill Lynch FX Strategy Research discusses the USD outlook and maintains its bullish bias on the greenback for the first half of the year.

"In general, our USD forecasts look for a sizable move higher in Read More →

BoJ’s asset purchases tweak creates market chatter; is EURUSD consolidation underway on the Daily?

Yesterday the Bank Of Japan mildly tweaked its asset purchases program. In essence the central bank applied a small reduction in the purchases of Japanese Government Bonds, around $20 Billion worth split between the 10-25 year , and the over Read More →

USD/JPY: An ‘Important Kite Flying Exercise’ By The BoJ; What’s Next? – ING

ING Research discusses the JPY outlook in light of the BoJ’s decision to scale back government bond purchases.

"Rather than irrelevant, this move could be an important kite flying exercise by the BoJ, to assess the impact of Read More →

Euro slips to its deepest this year against the dollar

The euro slipped lower on Tuesday after falling from last week's high as forex investors grew increasingly cautious following a months-long rally. The dollar firmed against the yen though a lack of catalysts cooled its strength.

EUR/USD fell to Read More →