Chinese Yuan Remains Stable Despite of BOJ Decision Posted: 29 Jan 2016 03:36 PM PST The yuan offshore rate (CNH) moved little against the dollar this week, closing with a slightly bearish position on Friday.
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BoJ Makes Stealth Move to Negative Rates, Pressure on to China Posted: 29 Jan 2016 03:14 PM PST Confidence is a pretty important thing in a financial system. After all, in a fiat-based monetary system, all that we really have is faith.
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CAD Rally Stalls After Reversing Longest Losing Streak Since 1971 Posted: 29 Jan 2016 02:27 PM PST Steven Poloz’s refrain of a Bank of Canada rate cut that had become the preferred bet as the Loonie dropped brought a magnificent reversal for the CAD.
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GBP/USD to Rebound to Succumb to Dovish BoE, Upbeat NFP Report Posted: 29 Jan 2016 01:48 PM PST The Bank of England (BoE) interest rate decision is likely to heavily impact the British Pound next week with the central bank schedule to release its updated forecasts, and the near-term rebound in GBP/USD may continue to unravel should the Monetary Policy Committee (MPC) show a greater willingness to further delay the normalization cycle.
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USD/JPY-Don’t Forget about the 26 Year Trendline Posted: 29 Jan 2016 11:44 AM PST Some perspective is in order regarding the USD/JPY rally this week. The 2015 high was right at the 1990-1998 line (log scale). The point here is that a broader topping formation remains possible.
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Gold Prices Have Best Month in Past 12 Months - What’s Next? Posted: 29 Jan 2016 11:03 AM PST January 2016 was the best month for Gold in 12 months. The Elliott Wave technical picture shows an increased possibility of a several handle move back towards the December lows
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USD/JPY Inflection Point Posted: 29 Jan 2016 10:50 AM PST |
USD/JPY: Shock and Some Awe Posted: 29 Jan 2016 07:45 AM PST USD/JPY rallies violently into cyclical turn window, 121.50 – 122.00 is critical resistance.
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USD/JPY Technical Analysis: Yen Drops Most In Year on BoJ Negative Rates (Levels) Posted: 29 Jan 2016 07:30 AM PST The Bank of Japan bailed out Yen shorts by resorting to negative interest rates, pushing JPY quickly to weakest G10 Currency.
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U.S. GDP Growth Disappoints By 0.1% Posted: 29 Jan 2016 06:30 AM PST Q4 2015 GDP was lower than expected, USDOLLAR performing at its best day so far in 2016.
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USD/CAD Caught in Range Under 1.4075 Posted: 29 Jan 2016 05:50 AM PST The USD/CAD has opened Friday trading in a 97 pip range.
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Silver May Be Ready to Resume Its Bullish Trend Posted: 29 Jan 2016 05:15 AM PST |
USD/JPY Higher on BOJ’s ’Shock and Awe’ Policy - Will it Last? Posted: 29 Jan 2016 04:00 AM PST Let's put it this way: the BOJ was the most recent central bank to engage in competitive devaluation policies.
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FTSE 100 Remains Bullish Above 5869 Posted: 29 Jan 2016 03:10 AM PST The latest slide in the U.S. Dollar on the FOMC outcome (relief for commodities), and the surprise cut by the BoJ (adding to risk-appetite), should keep the FTSE 100 strong.
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DAX 30: Brighter Outlook Following BoJ Surprise Cut Posted: 29 Jan 2016 03:00 AM PST The bullish outlook for the German DAX 30 (FXCM: GER30) is stronger after the Bank of Japan (BoJ) lowered its deposit by 20bp to -10bp, adopting negative interest rates in a surprise move overnight.
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Euro Slightly Higher on CPI Uptick, March Still in Focus Posted: 29 Jan 2016 02:34 AM PST The Euro traded slightly higher versus other major currencies after today's CPI data showed an acceleration in January
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Oil Collapse Driven by Panic; Is CAD at a Policy Turning Point? Posted: 29 Jan 2016 02:30 AM PST |
EUR/USD Rebound to Gather Pace on Lackluster U.S. GDP, PCE Posted: 29 Jan 2016 12:00 AM PST A dismal U.S. GDP report may fuel a larger rebound in EUR/USD as it dampens bets for a Fed rate-hike in the first-half of 2016.
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Markets Cheer BOJ Easing But US GDP Data May Cool Optimism Posted: 28 Jan 2016 11:59 PM PST Financial markets cheered an unexpected expansion of Bank of Japan stimulus but investors’ mood may sour if fourth-quarter US GDP data rekindles Fed rate hike bets.
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Japan Negative Rate Spooks Gold, Rumored OPEC Cut Supports Oil Posted: 28 Jan 2016 10:45 PM PST Gold swung around as Bank of Japan’s negative rate hindered haven needs. Oil calmed from Russia-triggered rally via claims of OPEC cuts
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AUD/USD Technical Analysis: Upswing to Yield Short Setup Posted: 28 Jan 2016 09:13 PM PST The Australian Dollar looks set to continue the recovery against its US counterpart having cleared chart resistance en route to the highest level in three weeks.
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USD/JPY Spiked After Bank of Japan Adopted Negative Interest Rates Posted: 28 Jan 2016 08:56 PM PST The Yen fell and then quickly reversed price action against the US Dollar after the BoJ adopted several accommodative measures in its January rate decision.
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EUR/USD Technical Analysis: Euro Breaks Key Channel Top Posted: 28 Jan 2016 07:14 PM PST The Euro broke resistance capping gains against the US Dollar since mid-December, hinting that a larger upward correction is in the cards ahead.
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