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BoJ Buys Time; Sticking To Our USD/JPY Forecast – Morgan Stanley
Yesterday's BoJ decision contained many changes to their framework but has not materially changed the near-term outlook.The BoJ's yield curve targeting still keeps NIRP in place as well as low long term interest rates, just by a different mechanism than Read More →
USD fights back, but seems unlikely to erase its weekly losses
The USD is attempting to recover back some of its earlier daily losses this morning, after two consecutive daily declines that brought it below the 20 DMA of the US Dollar index (DXY). Currently price action is testing the 20 Read More →
Cheered By Fed’s Posture, DAX 30 Roaring Ahead– Index Call Options Looking Positive
Cheered By Fed’s Posture, DAX 30 Roaring Ahead– Index Call Options Looking Positive
Following a surge in Asian stock markets, European shares rallied on Thursday amidst indications of a continuation of accommodative monetary policies by central banks around the Read More →
EURAUD – Why Euro Is Under Pressure Vs Aussie Dollar?
Key Points
- The Euro traded lower against the Aussie dollar and tested the 1.4640 support area where Read More →
