Jiming Huang / Blog
Edging lower. (Yann Quelenn ) • USD/JPY keeps on declining. The pair is trading around 112.00. Strong hourly resistance is given at 113.44 (06/10/2017 high). Support is located at 111.12 (20/09/2017 low...
Continued increase. (Yann Quelenn ) • GBP/USD continues to rise after the break of falling channel. A support can be found at 1.3122 12/10/2017 low). Hourly resistance stands at 1.3338 (13/10/2017 high). • The long-term technical pattern is reversing...
Increasing selling pressures. (Yann Quelenn ) • EUR/USD momentum is reversing since the pair has set up an hourly resistance at 1.1878 (12/10/2017 high). Strong support is given at a distance at 1.1662 (17/08/2017 low). Expected to show some short-term consolidation...
The sharp rise in crypto-currency valuations in recent months is a speculative bubble, says UBS Chief Investment Office (CIO). Over the last 25 years, more central banks have become politically independent. Over the past 25 years, inflation has been brought under control...
Why is inflation low? The best argument is that independent central banks (run by economists) are good at their job. Over the last 25 years, more central banks have become politically independent. Over the past 25 years, inflation has been brought under control...
The Ottawa round of NAFTA negotiation have turned nasty. The first causality has been the driving ethos of globalizations and cooperation, replaced with strong protectionist bias. In this negative environment, missteps were bound to occur...
Brexit Negotiations are back into centre stage. The EU 27 Leaders are meeting today in Brussels to discuss about the further trade agreement with the UK. This promises to be intense as 27 Countries that must agree seems like a very difficult task...
The US dollar has reversed gains as investors’ confidence in Trump’s tax reform fell again. After sliding as much as 1.50% since the beginning of the week, the dollar index consolidated slightly above 93 on Friday morning...
There is scant chance that the Euro will breach CHF 1.20 before the European Central Bank meeting on monetary policy of 14 December, but after that? A crawl-back to 1.20 – which the Swiss National Bank held as a floor until in early 2015 it let the franc float – could be on the cards...