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Monthly archive June, 2016

Aussie and loonie in support as USD weakness persists

Chinese exports declined by 4.1% last May, the figure was worse than expected. Japan upped its final reading for Q1 annualised GDP to 1.9% from a previosuly reported 1.7%. Sentiment throughout the Asian session looked mixed with the major equity Read More →

AUDUSD – Aussie Dollar Remains Bullish Vs USD

Key Points

  • The Aussie dollar managed to climb higher vs the US dollar, and currently looks set Read More →

EURUSD – Can Euro Continue to Move Higher?

Key Points

  • The Euro is consolidating against the US Dollar after it surged this past week post Read More →

Trading Another Pause In Fed-China Disruptions – Deutsche Bank

The US payroll’s surprise is expected to extend the macro ‘peace’ by delaying a Fed tightening and placing less immediate pressure on the Rmb ‘peg’.

We expect a similar backdrop to the melt up in global risk appetite we Read More →

Yellen optimistic about economy but says gives no rate hike timing

The dollar nudged slightly higher but still languished near four-week lows against a basket of currencies on Tuesday, after comments by Federal Reserve Chair Janet Yellen's disappointed forex traders waiting for a more hawkish tone.

The Dollar index, a Read More →