Jiming Huang / Blog
Downside pressures. (By Yann Quelenn ) • AUD/USD is consolidating lower after the pair surged towards 0.8125 (08/09/2017 high). Hourly support below 0.7950 (former uptrend channel...
Short-term increase. (By Yann Quelenn ) • USD/CAD is consolidating. Hourly support is located at 1.2062 (08/09/2017 low). Resistance is now given at a distance at 1.2239 (intraday high...
Sideways price action. (By Yann Quelenn ) • USD/CHF keeps on bouncing. Strong resistance is given at 0.9771 (15/06/2017 high). The technical structure shows that the the pair is...
Monitoring resistance area. (By Yann Quelenn ) • USD/JPY is now monitoring resistance area around 111. Strong support is located at 107.32 (08/09/2017 high). Expected to show further...
Surging. (By Yann Quelenn ) • GBP/USD is consolidating lower. The pair has broken hourly resistance at 1.3329 (13/09/2017 high). Strong support is given at 1.2774...
Consolidation. (By Yann Quelenn ) • EUR/USD lies in a bullish trend despite ongoing consolidation. Hourly resistance can be found at 1.2092 (08/09/2017 high) while hourly...
Next week's highlight will likely be Friday's global releases of the purchasing managers' indices (PMI) for September. CIO is looking for confirmation of the solid global economic growth trends seen so far this year. CIO will also watch closely Canadian inflation data on Friday...
Natural disasters create a great deal of human suffering. While we are still grappling with the immediate costs of Hurricanes Harvey and Irma, Global Chief Economist Paul Donovan takes a look at the longer-term consequences...
The Central Bank of Russia will decide about its key rate today. There is a significant likelihood that the central bank lower its key rate to 8.5%. In July, the CBR decided to remain on hold, markets expectations for a rate cut are now strong...
(15 SEPTEMBER 2017)DAILY MARKET BRIEF 1:USD recovery was short-lived ahead of next week FOMC meeting
The US dollar got a fresh boost yesterday after the release of better-than-expected inflation report. The headline CPI gained 1.9%y/y, against median forecast of 1.8%, up from 1.7% in July. The core gauge also beat expectations of 1.6% by rising 1.7%y/y...