Jiming Huang / Blog
Strong bearish pressures. (By Yann Quelenn ) • USD/JPY still lies in a bearish momentum. Hourly support is given at 110.65 (16/06/2016 low). Stronger support is located at a distance at...
Sideways price action. (By Yann Quelenn ) • GBP/USD is around the 1.3000 mark. Hourly resistance is given at 1.3126 (16/07/2017 high). Hourly support is given at 1.2933 (20/07/2017...
Continued bullish momentum. (Yann Quelenn ) • EUR/USD bullish pressures continue. Hourly resistance given at 1.1584 (18/07/2017 high) has been broken. Hourly support can be found at...
The annual Sino-US Comprehensive Economic Dialogue session in Washington kicked off this week, but ended abruptly on the same day, with cancellation of the traditional press conference, no joint statement and no new announcement of a bilateral trade deal...
It’s monetary policy time! After the ECB’s meeting on 20 July, next week will see the FOMC convening on Tuesday/Wednesday – a meeting without a scheduled press conference, which reduces the chance for a significant policy change...
As was widely expected the Bank of Indonesia held its key 7day repo rate at 4.75%. Yet the overall effect and tone was slightly dovish. The decision was based on the central banks effort to keep a balanced approach between supporting recovering economic growth and maintaining financial vigilance...
Unsurprisingly the European central bank has held its rates steady yesterday at 0% for 17th consecutive month. The ECB meeting took place against a backdrop of strengthening of the single currency. The EURUSD pair has reached 1.16 for the first time in two years...
he BoJ monetary policy meeting today when as we had expected. The BoJ held policy mixed unchanged while downgrading inflation and upgrading growth forecasts. The softer inflation forecast should take away some of the bullish moment in the JPY...
There is a lot at stake today as the European Central Bank meets to revise its monetary policy. The single currency has been trading with a strong positive bias for several weeks as investors widely anticipate the end of ultra-accommodative monetary policy for the euro area. EUR/USD hit 1...
Since the 2008 crisis, unemployment rate is declining and the data that will be released today will approach 5%. The metric is expected to print lower at 5.1% versus 5.2% a month earlier. The jobless rate is then declining but the proportion of unemployed person having higher education is growing...