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Monthly archive July, 2016

Daily Report On July 25, 2016

Asian stocks nearly reached the highest level in 9 months on Monday due to easing worries on the Brexit vote’s impact. Further optimism was added by efforts from central banks’ to maintain global economic growth via different policy measures. MSCI’s Read More →

USDJPY Setting Up For Upside Move

Key Points

  • The US Dollar looks like following a bullish trend against the Japanese yen, and may Read More →

Credit Suisse Trade Of The Week: Sell GBP/USD

Currency investors should consider selling GBP/USD this week, advises Credit Suisse in its weekly FX pick to clients.

"Rationale: GBPUSD is becoming increasingly sensitive to data again; as the sharp reaction to last week's PMIs demonstrated. Our economists now Read More →

USD maintains its grip against the Euro and the Yen, with fundamentals tilting in its favour

More fundamental headwinds are expected throughout the course of this week, as we move into central bank meetings from the Fed and the BoJ, scheduled for later this week. Broad investor sentiment during the Asian session this morning looked undecided Read More →

EURAUD – Euro Poised For More Declines Versus Aussie Dollar

Key Points

  • The Euro after a continuous struggle around the 1.4780 against the Aussie dollar failed and Read More →