FX Update – August 4 – USD slips

The Dollar has been ebbing moderately lower into the London interbank open, though has largely remained above lows seen on Monday. The USDIndex (DXY)...

EURCHF in the spotlight after solid PMIs

Eurozone manufacturing PMI revised up to 51.8 in the final reading for July - versus 51.1 reported in the preliminary release. The jump from 47.4...

CADJPY: Technical Outlook and Perspective of Carry Trade

The CADJPY currency pair, which expresses the value of the Canadian Dollar against the Japanese Yen, is one of the most classic risk-related pairs. JPY...

EURJPY Technical Outlook and ECB Economic Projections

The strengthening of EURJPY is a combination of the EUR expansion and a weakening of the JPY together, however, it seems that this move...

CAD & Oil ahead of June employment

USDCAD has posted an 11-day high at 1.3628 (above R1) as USOil fell to an 11-day low at $38.74, extending the correction from the...

EUR & GBP : Circumspect view

The Dollar majors have been plying narrow ranges so far today, with global markets generally in somewhat of a directional stasis presently, with participants...

MOST POPULAR