The U.S. dollar is currently experiencing some weakness. What is the near-term outlook for USD/JPY? Here is their view, courtesy of eFXdata: MUFG Research discusses the USD outlook and sees a scope for USD/JPY to move lower in the near-term. MUFG is sh…
Author: Kenny Fisher
What is the near-term outlook for AUD/JPY? Here is their view, courtesy of eFXdata: NAB discusses AUD/JPY technical outlook and adopts a bearish bias on a multi-days basis. “In 2009, AUD/JPY rallied from below 56.00 to above 72.00 in four months….
The CORVID-19 outbreak has paralyzed the global economy and led to sharp volatility in the currency markets. In the upcoming week, we’ll get a look at manufacturing PMIs in China and the U.S, British GDP as well as U.S. nonfarm payrolls. The Bank…
EUR/USD had an excellent week, climbing 4.6 percent and breaking above the 1.14 level. There are eight events in the upcoming week. Here is an outlook at the highlights and an updated technical analysis for EUR/USD. Eurozone Services PMIs were dismal …
The Japanese yen rebounded last week, as Dollar/yen slipped 2.5 percent. This week’s highlights include Japanese inflation and U.S. manufacturing PMI and unemployment claims. . USD/JPY fundamental mover Inflation levels remain low in Japan. BoJ Core CP…
GBP/USD enjoyed an outstanding week, climbing close to seven percent. There are eight events in the upcoming week. Here is an outlook for the highlights and an updated technical analysis for GBP/USD. The Bank of England maintained rates at 0.10% at its…
There was finally some good news for AUD/USD, which climbed 6.1% last week and crossed above the 0.61 level. There are three events in the upcoming week. Here is an outlook at the highlights and an updated technical analysis for AUD/USD. Australian Man…
The Canadian dollar rebounded sharply last week, as USD/CAD declined by 2.5 percent. There are three events in the upcoming week, including GDP. Here is an outlook at the highlights and an updated technical analysis for USD/CAD. The Bank of Canada took…
AUD/USD has edged lower in the Thursday session. In North American trade, AUD/USD is trading at 0.6914, down 0.22% on the day. On the release front, Australian MI Inflation Expectations remained steady at 3.3%. Australian employment numbers were mixed. The economy created 42.3 thousand in May, which marked a 9-month high. However, the unemployment rate […]
The DAX has moved higher on Thursday. Currently, the index is at 12,170, up 0.46% on the day. In economic news, German Final CPI came in at 0.2%, matching the forecast. Eurozone industrial production declined 0.5%, weaker than the estimate of -0.4%. In Germany, the auction of 5G spectrum ended, boosting some telecom companies listed […]