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USDJPY – US Dollar May Continue To Weaken Vs Japanese Yen

Key Points

  • The US Dollar traded lower during the past two sessions against the Japanese yen, and declined below 114.00.
  • There was a bullish trend line formed on the hourly chart of USDJPY, which was broken near 114.80 for a Read More →

Philly Fed Index Unexpectedly Climbs To Two-Year High In January

Philadelphia-area manufacturing activity unexpectedly grew at a faster pace in the month of January, the Federal Reserve Bank of Philadelphia revealed in a report on Thursday. The Philly Fed said its index for current manufacturing activity in the region rose Read More →

GBP: Court Ruling In Focus; Long-Term Investors Buyers Below 1.20 – BNPP

The GBP will remain in focus heading into the ruling on Brexit from the Supreme Court, expected on Monday.

The government is generally not expected to win this appeal, but we think the significance of this ruling has diminished Read More →

AUD/USD: Trading Close To Fair Value; Positioning Close To Flat – NAB

When AUD/USD was sub-0.72 and falling in the last week of December, there would have been very few (any?) takers for a bet the pair would be back above 0.75 before the second week of January was out. One of Read More →