Monthly archive December, 2016

Morgan Stanley booked a massive 1570 pips profit on its GBP/JPY long position as the trade hit its 144 target on Thursday.

Here is MS' view on the pair now:

>> We hit our target on this Read More →

USD is close to re-testing weekly lows as we approach the US Nonfarm payrolls later today. US unemployment for November is expected to remain unchanged at 4.9% and the US economy is expected to have created 180k jobs through this Read More →

Key Points

• The Aussie dollar Read More →

Key Points

• The Euro remained Read More →

The combination of better data and a surge in rates has fuelled the rally in the greenback. Moreover, the US data surprise index has rallied in November, retracing nearly have the level seen from the peak this summer.

For Read More →