USDJPY – US Dollar Poised For More Losses
Key Points
- The US Dollar after trading as high as 110.60 moved down vs the Japanese yen. Read More →
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Monthly archive May, 2016
Daily report on May 23, 2016
Oil prices dropped significantly on Monday due to a stronger greenback and concerns on global oversupply. OPEC member Iran stated that it was planning to raise its oil export capacity to 2.2 million barrels in the summer and has no Read More →
AUD/USD: Staying Short Targeting Late Feb Lows – Credit Suisse
AUD/USD continues to consolidate but, whilst still capped beneath .7311, the immediate risk can stay lower for a retest of the recent low at .7176 initially, then the late February lows at .7109, notes Credit Suisse.
"We would expect Read More →
Dollar shows signs of consolidation, Yen back in support
The Japanese Nikkei index was lower today as the Yen found renewed support this morning. Overall the major Asian indices sent mixed messages as they delivered mixed results so far this morning.
USDJPY gave up the 110 level up Read More →
EURAUD – 1.5570-80 Remains Hurdle For The Euro
Key Points
- The Euro traded with a positive tone recently vs the Aussie Dollar, but faced a Read More →