FxWirePro: NZD/USD Closes Bearish Gap After Upbeat CPI Data, Bias Higher NZD/USD has been highly volatile at the start of the week. Hit lows of 0.6843 after bearish gap open (around 40 pips lower). The pair has closed bearish gap after release of the much awaited CPI data, which beat expectations...
FxWirePro: AUD/JPY Holds Cloud Base Support at 82.45, Breaks Below Could See Further Weakness Oil driven-risk-off after failure of Doha talks drives Yen higher across the board. AUD/JPY sees 120-pips bearish gap opening, recovers slightly from fresh four-day lows struck at 82.47 in early trades...
NZD/USD Targets 0.7175 During the Month Ahead - Westpac Imre Speizer, Senior Market Strategist at Westpac, notes that the NZD/USD has oscillated around an upward trend since mid-Jan, and targets 0.7175 (Feb 2015 low) during the month ahead...
USD/JPY: Another Attempt Above 108 to Fill in Bearish Gap? The USD/JPY pair is seen struggling to extend the recovery from near 2016 lows since Tokyo open and now attempts another run above 108 handle to close the bearish opening gap...
FxWirePro: USD/JPY Slips Below 108 Handle After Large Bearish Gap down Open Yen was a big gainer on the day, USD/JPY opens with a large bearish gap down of over 0.70%, slips below the 108 handle...
NZD/USD has been a volatile display at the start of Asia this week. We have had both the Doha story creating turmoil across the board and just recently, the keenly awaited CPI was released from New Zealand, beating expectations and sending the bird back to close the bearish opening gap...
EUR/USD Remains Capped Below 1.1300, Indifferent to Risk-Off A classic risk-off theme dominates Asia, although the EUR/USD pair fails to benefit from increased safe-haven demand and trades muted below 1.13 handle. EUR/USD rejection near 1.1310 Currently, EUR/USD trades almost unchanged at 1...
ASX200 Faces Resistance at 200 Day MA, Break Above Atrgets 5225/5275 Major resistance - 5158 (200 day MA) ASX200 has made a high of 5158 yesterday and slightly declined from that level. It is currently trading at 5148. The index should close above 5158 (200 day MA) for further trend reversal...
FxWirePro: Nikkei 225 Faces Strong Resistance at 16600, Good to Sell on Rallies Major resistance - 17000 The index has opened gap down today morning after making a high of 16926 yesterday .It is currently trading around 16336...
AUD/JPY Dumped 1 Big Figure Amid Oil Driven-Risk-Off The offered tone around the AUD/JPY cross weakened a bit in the mid-Asian session, allowing a tepid-bounce to 83 handle, only to find fresh at the last and now consolidates around 82.80 region...
USD/CAD on a Tear Post Doha, Bulls Aim to Re-Take 1.30 USD/CAD is on a tear this morning in Asia, last exchanging hands at 1.2985 day highs, after Oil talks in Doha failed to reach an agreement to freeze production levels. USD/CAD threatens to re-take 1...
USD/JPY: Sent Crashing to Test 2016 Lows USD/JPY is down to the test the 108 handle in this livelier than usual start to the week. USD/JPY opened early Asia with a large bearish gap of over 0.70% marking lows of 108.12 before further supply took the pair down to lows of 107...
NZD/USD: Back to Close Gap after CPI NZD/USD has been a volatile display at the start of Asia this week...
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AUD/USD: Stablising After Heavy Supply AUD/USD is making a bullish case for itself on the wider picture, but has suffered a strong bout of supply on the bearish opening gap for this Asian start to the full business week. AUD/USD went from last week's close of 0.7719 to make a low of 0...
An unexpected uptick in UK CPI, with core inflation reaching a one-and-a-half year high, provided temporary relief for sterling this past week. However, both the upturn in inflation and the respite for sterling could prove temporary...
This week’s changes in sentiment were relatively minor, with a steady improvement for most currencies and a deterioration for GBP and MXN...
UBS resigns employee who operated derivatives, but it is not the first Barclays, Credit Suisse and Boldman Sachs have done the same Large banks Wall Street are laying off theirs traders and putting algorithms in place, reported Bloomberg...
