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BIS Report Shows The Way Forward For Central Banks: Sell EUR/USD – Credit Agricole

Credit Agricole CIB FX Strategy Research comments on the BIS annual report released over the weekend.

In particular, CACIB notes that in the report the BIS has encouraged the major central banks to use every opportunity from here to Read More →

Dollar strength pinned by lack of Fed trust

Forex investors' refuse to believe the Federal Reserve will raise rates yet again this year, which held the dollar back at the start of a week. A week packed with speeches from Federal Reserve and other senior central bank Read More →

USDJPY – US Dollar Remains Decent Buy On Dips Vs Japanese Yen

Key Points

  • The US Dollar is following a bullish bias, and recently traded above 111.70 against the Japanese Yen.
  • There is a monster bullish trend line with support at 111.70 forming on the hourly chart of USDJPY.
  • Today in the Read More →

EURJPY – Euro Likely To Trade Above 125 Vs Japanese Yen

Key Points

  • The Euro managed to gain momentum recently and traded above 124.60 against the Japanese Yen.
  • There is a crucial bullish trend line with support at 124.60 forming on the hourly chart of the EURJPY pair.
  • Recently in the Read More →