Monthly archive January, 2017

Key Points

• The Canadian dollar moved down recently against the Japanese yen and traded below the 87.70 support.
• The CADJPY is currently trading below a bearish trend line on the hourly chart with resistance near 87.55-50.
• Today in Japan, the Read More →

At -0.87 (vs -0.97 on 22 December 2016) our Risk Index has moved into less risk seeking territory. The latest development was well reflected in widening credit spreads and rising demand for defensive stock market sectors such as utilities. Cross Read More →

The dollar eased back from a 14-year peak against a basket of its major rivals on Thursday as forex investors grew concerned by sharp falls in the dollar against the Chinese yuan.

The yuan jumped sharply for two days Read More →

Key Points

• The New Zealand dollar recently traded higher towards the 0.7030 level against the US Dollar.
• The NZDUSD pair found sellers above 0.7000, and started moving down towards the 0.6970 support.
• Earlier during the Asian session today, the Caixin Read More →