All Blogs

To add a new post, please log in or register
A few short hours stand in the way of the long holiday weekend for many. The capital markets are retracing the recent moves. This means equities and commodities are lower. It means bonds are firmer and the dollar stronger...
Weekly Trends
  • 56
Francis Dogbe, 24 March 2016, 22:29 #FOMC, ECB
•The Japan inflation figure will tell us if the BoJ will go deeper into the red on rates •Japan’s government bond yield curve continues to flatten out •The Fed’s interest rate flight path is an aspiration, not a forecast •US inflation data will reveal if the Fed's flight path is credible •The odd...
Analytics & Forecasts
  • 70
Francis Dogbe, 24 March 2016, 22:26 #inflation
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: A move below our initial downside targets near 1.1145 would encourage our bearish view. Our next targets are in the 1...
Analytics & Forecasts
  • 73
  • 1
Vasilii Apostolidi, 24 March 2016, 20:48 #usd/jpy, GBP/USD
Algiers — Bank of Algeria (BA) has developed a new regulation amending the terms and conditions for approval of foreign exchange bureaus, a measure meant to benefit from the foreign currency circulating in the informal market, as the country is undergoing a significant drop in foreign currency in...
Analytics & Forecasts
  • 46
Seth Dompreh, 24 March 2016, 20:46
Currency accords seemed to be consigned to history. The 1985 Plaza Accord saw the major central banks intervene to take the dollar lower and rid the US of recession. Two years later, the Louvre Accord set out to stop the dollar from falling further.......READ MORE...
Analytics & Forecasts
  • 57
Seth Dompreh, 24 March 2016, 20:43
farewell, currency wars. Hello, carry trade! Spring’s arrival seems to have forex investors wondering if a new currency world order — in which central banks no longer drive each other’s currencies to the bottom — is sprouting.......READMORE...
Analytics & Forecasts
  • 31
Seth Dompreh, 24 March 2016, 20:39
While FXcompared.com did find that banks have been lowering their costs in recent months in the face of rising competition from online money transfer services, they remain several times more expensive than those independent services...
Analytics & Forecasts
  • 55
Seth Dompreh, 24 March 2016, 20:30
According to research conducted by the Bank of England, Sterling has been “fashionable” and has driven movements in G-10 FX five times since the start of the Global Financial Crisis . In the year to date, Sterling has already weakened significantly versus the major currencies...
Analytics & Forecasts
  • 55
  • 1
Vasilii Apostolidi, 24 March 2016, 18:15
U.S. fifty dollar bills are run through a counting machine inside a currency exchange store in Mexico City, Mexico. The dollar is flexing its muscles again, now that Fed officials are suggesting a rate hike may come sooner rather than later...
Analytics & Forecasts
  • 35
Seth Dompreh, 24 March 2016, 18:15
Slumping commodity prices have taken African currencies down with them, exposing the fundamental economic frailties of the world's poorest continent by driving up inflation in countries that import most of their manufactured goods...
Currency
  • 34
Seth Dompreh, 24 March 2016, 18:02
The problem with introducing a tax on currency transactions in China: It’s probably too late. Taxing foreign exchange transactions – sometimes known as a Tobin tax – aims to limit short term currency transactions by making them more costly...
Analytics & Forecasts
  • 39
Seth Dompreh, 24 March 2016, 17:58
The angst generated in international circles by global currency wars was on full display this week, after it was revealed US Treasury officials had "expressed concern" the Reserve Bank of Australia had tried to talk down the local currency...
Analytics & Forecasts
  • 61
Seth Dompreh, 24 March 2016, 17:55
Despite Federal Reserve Chair Janet Yellen’s cautious tone on price data, our economists expect a steady uptrend in inflation and see a strong argument for the Fed to overshoot the 2% inflation target...
Analytics & Forecasts
  • 31
  • 1
Vasilii Apostolidi, 24 March 2016, 16:57
Central banks have reduced official interest rates to historically lows, either near zero (known as ZIRP or Zero Interest Rate Policy). Long term bond rates are also at historically low levels...
Market News
  • 51
  • 1
Francis Dogbe, 24 March 2016, 16:28
USD/CAD has seen a dramatic reverse in fortunes over then past 48 hours and has undergone a sharp rally since basing at the March 18 lows. USD/CAD has undergone a sharp rally since basing at the March 18 lows...
Analytics & Forecasts
  • 58
  • 1
Vasilii Apostolidi, 24 March 2016, 16:23
The pound is on the rise today and has just run to a new high of 1.4140. It did virtually nothing after the retail sales so we can't finger that as a reason. The mid-1.40's has developed into decent looking support. I had 1.4040/45 pegged but we've it slightly higher at 1.4050. 1...
Analytics & Forecasts
  • 50
Francis Dogbe, 24 March 2016, 16:22
Another interest rate increase “may not be far off” with the U.S. economy performing much as expected in 2016, St. Louis Fed President James Bullard said Thursday...
Analytics & Forecasts
  • 44
Francis Dogbe, 24 March 2016, 16:17 #Interest Rate, Fed
The USD/JPY is hovering at around ¥112-113, but downside risk remains prevalent and a breach of 110 over the coming 3 months seems likely, says Deutsche Bank. "We remain vigilant against downside risk in the USD/JPY over the next three months once the autonomous comeback in risk markets ends...
Analytics & Forecasts
  • 42
  • 1
Vasilii Apostolidi, 24 March 2016, 15:47
We continue to sale #GPBUSD. The result of the position opened at 1.4364 has already exceeded two figures of #profit. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
Euro Declines Against Majors The euro drifted lower against its major counterparts in early New York deals on Thursday, as continued sell-off in commodities sapped demand for riskier assets, while a decline in Eurozone bond yields weighed...
Currency
  • 38
  • 1
Roberto Jacobs, 24 March 2016, 15:42