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USDJPY – Is the Bottom In?
USDJPY has been in a three-day selloff driven lower by risk aversion flows, but today the pair has managed to stage a comeback and is
USDJPY has been in a three-day selloff driven lower by risk aversion flows, but today the pair has managed to stage a comeback and is
Despite OECD leading interest rate, the dollar can’t get any respect. Nowhere is this more evident than in the USDJPY which continues to make yearly
Tomorrow is the FOMC meeting and the market is focused on both the dot plot and the tone of Jerome Powell’s first press conference as
While the dollar rebound has been substantial against the majors this week, the kiwi has held up surprisingly well only off about 100 points from
USDJPY came close but held the double bottom low of 107.31 in New York trade today. As we noted earlier, the pair was driven lower
The dollar has been a punching bag for the better part of three months, and just as it appears to have stabilized against other majors,
Tomorrow the RBNZ will have its final rate decision meeting for the year, and while no one is expecting any action on the rate front,
EUR/AUD Bottom? We have a number of reasons to believe that EUR/AUD could be near a bottom. Fundamentally we know that the European Central Bank
GBP/USD Bottom to 1.24? Sterling enjoyed its strongest one-day rise versus the U.S. dollar in more than 2 weeks. According to an article in the
Finding a Bottom in USDJPY There was very little consistency in the performance of the U.S. dollar this past week with the greenback trading lower
The woes of Brexit are well known. UK is in danger of precipitating a “hard” Brexit which would result in its expulsion from the single
The EUR/USD which made a near 300 pip round trip in post Italian referendum trade yesterday, first dropping to a low 1.0504 and the spiking