Japan's Inada: Now is Not the Time for Forex Intervention Chair of the Policy Research Council of the Liberal Democratic Party (LDP) in Japan, Tomomi Inada, said now is not the time for forex intervention...
NZD/USD Recovery Remains Confined Below 0.6800 The overnight recovery in the NZD/USD pair lost steam just shy of 0.68 barrier, and the prices drifted slightly lower thereon, as bull remain depressed by the selling in the Asian markets...
GBP to Remain Better Offered - FXStreet Ross Burland, Analyst at FXStreet, suggests that as we approach the 23rd June, the pound will undoubtedly remain better offered...
AUD Rally: It’s Complicated – Westpac Sean Callow, Research Analyst at Westpac, suggests that the optimism over AUD has cooled somewhat...
US: Expect a Single Fed Hike this Year - SocGen Kit Juckes, Research Analyst at Societe Generale, suggests that the FOMC Minutes themselves don’t tell us much we didn’t already know...
Sterling/Dollar 3 Month IV Crosses Above 16% Three month volatility in Sterling, which now includes the referendum date has crossed previous high around 15.2% and crossed above 16% for first time in six years...
SGD: MAS Preview, No Change but Market Under-Prices Easing Risk - ANZ Khoon Goh, Senior FX Strategist at ANZ Research, expects MAS to maintain their current policy settings at the April review...
Doves Flying High for FOMC – Investec Research Team at Investec, suggests that the minutes showed the FOMC to be split in their views, with the doves (led by Chair Yellen) winning out...
US: No Consensus from Within - ING James Smith, Economist at ING, suggests that the latest Fed minutes show that a range of views persist within the FOMC, which suggests little prospect of a near-term rate hike...
USD Could Slip Towards 93.00/92.50 – Westpac Richard Franulovich, Strategist at Westpac, sees the decline in the dollar could extend to the 92.50/93.00 area...
Japan: Stronger Yen Testing Japanese Policymakers – MUFG Lee Hardman, Currency Analyst at MUFG, notes that the yen has continued to strengthen in the Asian trading resulting in USD/JPY falling below levels which prevailed prior to the BoJ’s decision to extend QQE on the 31st October 2014...
CAD Shorts Cut, AUD Longs Increased – Deutsche Bank Research Team at Deutsche Bank, lists down the commitments of traders report for the week ended on Tuesday, March 29, 2016. Key Quotes “Interest Rates: Speculators increased their net shorts in Eurodollar and Treasury futures by $2...
BAML’s Yamada Says BOJ Intervention Possible at 105 but More Likely at 100 BAML‘s fx strategist Yamada was on the wires via Bloomberg, commenting on the likely intervention in the fx market to curb a stronger yen...
China’s Foreign Reserves Data: What is Coming Your Way? – ING China’s March foreign reserves data is due today and the consensus forecast is $3.196 trillion, which would be a negligible $6.3 billion decline from February...
Former Japan’s Top FX Diplomat: Tokyo Unlikely to Intervene to Stem Yen Rises Naoyuki Shinohara, an ex-IMF deputy chief and formerly Japan's top currency diplomat crossed the wires last minutes, noting that the Japanese government intervention is unlikely in the fx market to curb a stronger yen...
EUR/USD: Minutes of FOMC Meeting and a Speech by Mario Draghi Today at 18:20 (GMT+2) a head of the US Federal reserve Bank of Cleveland and a member of the FOMC Loretta J. Maester will give a speech...
Less Dovish Minutes Favours EUR/USD's LHS EUR/USD did not quite know what to make of the FOMC minutes and was trading in a narrow range and directionless on the release...
FOMC Minutes: Members Split on April Rate Hike Fed officials discussed an April rate hike, but some officials argued against such a move, minutes of the FOMC March 15-16 meeting showed...
