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In respect of a Brexit, analysts at Bank of Tokyo Mitsubishi explained that, indeed, the advance of the pound is very much a US dollar story...
The New Zealand dollar continues to be 'leader of the FX pack', as it matches the February lows versus sterling and pushes higher against other counterparts, especially the dollar. The GBP/NZD pair has continued falling in line with the longer-term down-trend, as expected...
Tomorrow the number of US non-farm employment numbers will be released, together with the Unemployment rate. Before, at 9:30 UTC+1, the British manufacturing PMI will also be known. GBPUSD is on a short-term uptrend, ad on the long-term, it’s near a down trendline...
The momentum is clearly with EUR/USD moving higher in the wake of Chair Yellen’s speech in New York, which further reinforced the dovish stance taken at the FOMC meeting and press conference on 16th March, notes BTMU...
EUR/USD hit a fresh sixth month high earlier at 1.1411 but failed to hold above 1.1400 and pulled back modestly. The retreated found support at 1.1375 and currently it trades at 1.1385/90, about to post the strongest daily close since October. The euro is being able to consolidate above the 1...
The swiss franc continues to climb against the US dollar and today is about to post gains for the fourth day in a row and the strongest close since October. USD/CHF accelerated the decline during the European session and broke below yesterday’s low on American hours. It bottomed at 0...
Analysts from The Bank of Tokyo-Mitsubishi UFJ, see theUSD/JPY neutral ahead of the next week, with price moving between 110.50 and 114.50. “Many Japanese investors will likely sell foreign assets at the beginning of FY16 to realize gains...
Analytical Review of the Walt Disney Company’s Shares The Walt Disney Company, #DIS [NYSE] Services, Entertainment, USA Financial performance: Index –DJIA, S&P 500...
Yuan Devaluation Hurting China's Big Caps - UOB Analysts at UOB group explained that China's Big Three state-owned airlines (China Southern Airlines Co., China Eastern Airlines Corp., and Air China Ltd.) combined suffered about US$2...
BoE: Credit Crunch Risks Ahead? - BTMU Analysts at Bank of Tokyo explained that the BoE warns of credit crunch risks...
USD/JPY is Vulnerable to a Resolution - Scotiabank Eric Theoret, CFA, CMT FX Strategist at Scotibank explained that JPY is steady consolidating its recent gains, trading around the mid-point of its multi-month range...
NZD/USD: Can the Rally Carry On? NZD/USD is struggling to continue perform having been at the top of its game this week, following a sell-off in the greenback and a better performing commodities sector over the last couple of months. NZD/USD was a rally from 0...
Don't worry, UK Deficits are Financed with Ease - BTMU Analysts at Bank of Tokyo Mitsubishi explained that the current account deficit has not garnered too much attention in financial markets in part due to the evidence from the financial account that shows very strong foreign direct and portfoli...
GBP Voltility and Tin Hats - Rabobank Analysts at Rabobank explained that the value of the UK trade weighted index has plunged around 6% since the start of the year...
AUD/USD: Losing Conviction Ahead of RBA? AUD/USD continues to lack conviction as it presses on towards the 0.77 handle with failures there again earlier and offers sending the major commodity currency back to the half way point on the 0.7 handle...
Monthly GDP increased by 0.6% m-o-m in January, much higher than expectations, and follows a 0.2% m-o-m rise in December. This is the strongest monthly growth since July 2011. Overall, this is a very positive report showing that growth continues to recover...
The GBP to CAD rate enters the new month having found a modicum of support in the form of the 1.85 level. However, the outlook remains skewed in favour of the Canadian unit...
The ‘Bernanke put’ was the idea that when growth risk is skewed to the downside meaningful declines in market sentiment will likely be met with aggressive monetary stimulus (cushioning market declines...
Tomorrow is the first Friday of a new month and that means only one thing – it’s non-farm payroll (NFP). All eyes will be front and center when March’s U.S monthly jobs report is released at 08:30 EDT...
