Menu

JPY: BoJ On Hold But Kuroda’s Comments Could Weight Modestly On JPY – BTMU

The sharp weakening of the yen since the US election has provided some much needed good news for the BoJ by giving Abenomics’ policies a second wind which will help to lift inflation and growth and Japan. It has also Read More →

USD eases off 14-year highs for profit taking

The US Dollar index continues to pullback from Thursday’s 14-year highs in what seems to be a pause for profit-taking. Currently the US dollar index is at 102.66 after Thursday’s highs of 103.56.

EURUSD is currently at 1.0461 after Read More →

USD: ‘Something Special’ Happened; Staying Short EUR/USD – Deutsche Bank

Something special happened last week: Fed funds - the interest rate on overnight dollars - rose to 66bps.

Why is this important? Because historically, it is not only the direction of US yields that matters for the dollar but Read More →

GBP: Potential For A Tactical Rebound; Where To Target? – Morgan Stanley

We maintain the view that GBPUSD could tactically rebound to 1.30/1.31 going into year-end.

With the BoE maintaining its neutral stance, coupled with recent UK data such as CPI and retail sales holding up well, the downside in GBP Read More →