Monthly archive June, 2016

At -0.18 (vs -0.33 on 26 May) our Risk Index has moved into less risk seeking territory. The latest development was mainly due to rising cross market volatility as, for instance, driven by this week’s development in the JPY. Elsewhere, Read More →

The Japanese held large gains against its major rivals on Thursday as it rallied on risk aversion and disappointment over lack of clear policy guidance from Tokyo following a decision to delay a consumption tax hike. USD/JPY slipped to 108.74, Read More →

Key Points

• The Aussie Dollar traded down vs the US Dollar recently, and may break the 0.7200 Read More →

Key Points

• The US Dollar was seen under a bearish pressure vs the Swiss franc, and it Read More →

Near the end of April we reported that 17 of 29 USD currency pairs had bearish monthly MACD signals, with most of them occurring in March or April. The volume of signals in such a short time combined with strong Read More →