Yen hits its weakest since 1986 … where is the intervention Danger Zone?
Funnily enough, this was on the charts the alst time yen was this weak. Where is the (intervention) Danger zone?
Japan Chief Cabinet Secretary Kihara: always ready to take necessary action on forex
Japan Chief Cabinet Secretary Kihara:Won’t comment on forex levelAlways ready to take necessary action on forexChief ...
The Indian Rupee stays rangebound as traders await key US data for the next direction
FUNDAMENTAL
OVERVIEWUSD:The US dollar has been supported since the last FOMC decision as the more
hawkish tha ...
Intervention fears are capping the USD/JPY upside as traders await the key US data
FUNDAMENTAL OVERVIEWUSD:The US dollar has been
supported since the last FOMC decision as the more hawkish than ex ...
Market outlook for the week of 29th June – 3rd July
Monday starts slowly, with no major scheduled economic events for the FX market. On Tuesday, the U.K. will release fi ...
Bolivia abandons 15-year dollar peg. Boliviano set for 30% free float plunge.
The immediate read-through for emerging market FX is a reminder that managed pegs under reserve stress are a slow-mot ...
Monday morning early indications FX moves: US strikes on Hormuz again over the weekend
Early forex rates are relatively calm despite renewed hostilities in the Gulf:As is usual for a Monday morning, marke ...
AUD/USD consolidates at a major trendline as traders await fresh catalysts
FUNDAMENTAL
OVERVIEWUSD:The US dollar has been supported following the hawkish Fed dot plot last
week as the ...
EUR/USD is retesting a key zone amid US dollar weakness on peak hawkish repricing
FUNDAMENTAL
OVERVIEWUSD:The US dollar has been supported following the hawkish Fed dot plot last
week as the ...
What’s stopping Japan from another round of intervention?
The firm points out a couple of key reasons as to why Japan might not be wanting to pull the trigger just yet despite ...
US dollar slides as inflation numbers cool Fed hike talk
The US dollar is facing some moderate pressure after today’s data slate.The main driver of it is the PCE report ...
USD/JPY struggles near the highest levels since 1986 amid intervention fears
FUNDAMENTAL OVERVIEWUSD:The US dollar has been supported following the hawkish Fed dot plot last
week as the cent ...