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Monthly archive November, 2017

AUD/JPY: Bearish Signal From Flows – BofAML

Bank of America Merrill Lynch FX Strategy Research points to a bearish AUD/JPY signal from its proprietary flows analysis.

"Real money has been selling AUD/JPY at an accelerating pace in the last four weeks, according to our proprietary flows.

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Week Ahead: AUD, NZD Into RBA & RBNZ: What’s Next For USD Rally? – Credit Agricole

Credit Agricole CIB Research discusses AUD and NZD outlook ahead of next week's RBA and RBNZ November policy meetings.

"The RBA and RBNZ will release a review of their policy rates and forecasts next week. Both are expected to Read More →

US shares soar to new highs as dollar surges against yen

US stocks closed at record highs as shares of Apple and Qualcomm led the way. Nasdaq Composite outperformed its counterparts closing 0.74% higher with S&P and Dow closing 0.31 and 0.10% higher respectively. Apple shares rose more than 2% on Read More →

USDCAD – US Dollar In Downtrend Vs Canadian Dollar

Key Points

  • The US Dollar started a new downside wave from the 1.2900 swing high against the Canadian Dollar.
  • There is a major bearish trend line forming with resistance at 1.2800 on the hourly chart of USDCAD.
  • Recently in Canada, Read More →