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USD/JPY: To Top Out Around 106 Before Dropping Towards 100 in 3 Months – Credit Suisse

In Japan, we note that the outcome of the Upper House election was a supermajority for PM Abe's LDP, in concert with allies. While much focus will be on what Abe does now with respect to pushing through revisions to Read More →

Cable extends gains as markets await BoE

Wall Street shares closed near the flatline Wednesday but managed to edge further into record territory.

The Dow Jones industrial average closed higher, at an all-time high, and notching a four-day winning streak.

The S&P 500 set all-time Read More →

GBP Into BoE: Any Bounce A Selling Opporunity – BofA Merrill

We expect the BoE to cut Bank Rate on Thursday. They have nothing to gain by waiting: better to get ahead of the issue. - We look for 40bp cut, but see a good chance of only 25bp: Carney has Read More →

AUDUSD – Can Aussie Dollar Bulls Make It?

Key Points

  • The Aussie dollar after correcting towards the 0.7580 level against the US Dollar, started moving Read More →