The post is here from earlier: BOJ June minutes – must watch impact of FX moves Reuters have posted a recap of the minutes, making the main points: Some in board saw price rises...
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EUR/USD Technical Analysis: Watch for Important Trading Week
Last week’s trading was generally bullish for the EUR/USD currency pair, as the European Central Bank raised interest rates for the first time in 11 years, at a higher percentage than what the markets...
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Dollar keeps steady in the new week
The dollar was weaker initially at the start of last week but found a footing with a bit more of a push and pull feel as markets are able to now fully switch their...
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The Bank of Russia hit the ruble with a rate
The strong ruble has become an additional factor in the slowdown in economic activity due to the Dutch disease Dollar / ruble exchange rate on the Moscow Exchange at intervals of 1 minute Dollar /...
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The Russian stock market rose on Friday on external optimism and the reduction of the Central Bank of the Russian Federation rate
Moscow. 22 July. INTERFAX.RU – The Russian stock market corrected upward on Friday amid improved external conditions and a reduction in the key rate of the Bank of Russia immediately by 150 basis points (to 8%...
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WTI Crude Oil Forecast: Crude Oil Plunges to the 200 Day EMA
The West Texas Intermediate Crude Oil market plunged significantly during the trading session on Thursday to reach down to the 200 Day EMA. At this point, the market is starting to look at technical analysis as a...
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AUDUSD tests a cluster of resistance and backs off
The AUDUSD tested a cluster of resistance on the daily chart between 0.6966 to 0.69935 area today. The area represents a swing area (see yellow area and red numbered circles). Also in the area...
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USD/JPY STALLS INTRADAY RECOVERY FROM WEEKLY LOW, FAILS JUST AHEAD OF 138.00 MARK
USD/JPY bounced off the 137.00 mark, or a one-and-half-week low touched earlier this Friday. The narrowing US-Japan bond yield differential, the caution mood benefitted the safe-haven JPY. The divergent Fed-BoJ policy stance supports prospects...
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SPAIN’S ECONOMY MINISTER: ECB’S TOOLS TO KEEP GOVERNMENT BONDS’ SPREADS DOWN ARE ADEQUATE
Spanish Economy Minister Nadia María Calviño expresses her take on the European Central Bank’s (ECB) July monetary policy decision. KEY QUOTES ECB’s tools to keep government bonds’ spreads down are adequate. Forecasts show inflation...
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Westpac sharply boost their terminal RBA cash rate forecast to 3.35% from 2.6%
Reserve Bank of Australia forecast from WPAC, revised sharply higher. We have revised our profile for the RBA cash rate cycle to include 50bp moves in both August and September; followed by a step...
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