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Market Overview | 07 August

Technical Corner Currency market   NZDUSD: The New Zealand Dollar over 2% in hitting its lowest level against the US Dollar since January 2016, at 0.6377, and...

BoC ahead but focus on Powell

BoC ahead but focus on Powell - The USD majors mostly settled into consolidation as market participants went into bets-off mode ahead of the...

Yen selling looks short-lived

NZDJPY has remained buoyant at 70.70 after bouncing from a 5-month low on Friday at 70.42, on Yen selling. This price action comes with...

EURJPY led broader euro outperformance

EURJPY, H4 and Daily Eurozone retail sales declined in the April reading, correcting -0.4% m/m, after stagnating in March. The annual rate fell back to...

EURJPY sustains overnight gains

EURJPY Yen has been weakening along with the Dollar against most currencies as a risk-on sentiment continues to course through global markets. Meanwhile Aussie remains...

Japan: The end of Fiscal year

Global growth increasingly appears to be resting on a one-legged stool, with Asia's economies facing exports slowing/contracting through the turn of the year and...

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