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Monthly archive August, 2016

Why We Remain Bullish on EUR and JPY? – Morgan Stanley

Markets are now questioning the effectiveness of monetary easing (rate cuts or QE) to be able to weaken currencies. In particular, JPY and EUR cometo mind where both the BoJ and ECB eased further in January and March yet saw Read More →

USDJPY – US Dollar May Tumble Soon?

Key Points

  • The US Dollar looks like struggling against the Japanese yen, and may trade down in Read More →

EURCHF – Euro Remains Buy Dips Vs CHF?

Key Points

  • The Euro looks like is in an uptrend against the Swiss Franc and may continue Read More →

USD/JPY: Topside To Be Held To 103 Next Week On Seasonal JPY Flows – BTMU

USD/JPY – NEUTRAL BIAS – (99.50-103.00)

Seasonal JPY repatriation flows will likely pick up in August, strengthening the yen. USD/JPY topside could be held to 103 next week, with a lower bound below 100 because of weak JPY selling Read More →

BoE cuts rates to record lows, cable slumps

Sterling slumped lower on Thursday, to its largest one-day fall in nearly a month against the greenback, after the Bank of England cut interest rates and restarted bond purchases in a move aimed at alleviating the impact of Britain's vote Read More →