Japanese Yen Crosses Slip on Risk but Shy from Equities’ Momentum The fire continued for the yen crosses this past session with the pairs falling another 0.1 to 1.0 percent (CHFJPY to CADJPY) this past session. As broad as this move …
With Germany, Norway, Australia, S.Korea, Hong Kong and New Zealand each back into positive GDPO growth), such broad evidence of economic stabilization outside the US offers tremendous justification for asset managers to take …
The hardest-hit JPY cross was NZDJPY, which dropped more than 2%, followed by CADJPY and AUDJPY ... two weeks on the combined drag of weaker stock prices and lower US Treasury yields. Now, looking ahead, JPY crosses will …
Overall, the CAD is the strongest currency today - rising against all the major currencies. Of the pairs, the CADJPY is the biggest mover on the day. The pair is up 1.59% on the day. The pair has been helped by higher oil prices and a firmer …
We are still long usdjpy, cadjpy and mxnjpy in the grand pre 2008 style risk taking of forgetting where your tail risk is. Everybody else is. With the market making new highs, and the ECB and the Fed breaking new ground in what they will …
The rectangle on the local support promoted the downswing and that what happened. Next support is on the 38,2% Fibonacci. CADJPY is a good trading opportunity for the long-term traders. They can use here a massive inverse head …
Technical Outlook: AUDUSD rebounded sharply off confluence support at 6985 earlier this month with the rally now extending into resistance at the 61.8% retracement of the 2001-2011 advance at 7177. The weekly opening range has …
CADCHF 0.8273 -0.10%, EURCAD 1.4712 +0.08%, GBPCAD 1.8437 -0.05%, AUDCAD 1.0197 -0.04%, CADJPY 93.74 -0.02%, NZDCAD 0.9427 +0.02% and USDCAD 1.0866 -0.02%. The Russian Central Bank has held its key interest rate …
A very quiet news night in the currency markets nevertheless saw the dollar extend its slide as traders continued to price in the prospect of a Fed pause at the next FOMC meeting in August. The key tipping point to market sentiment was …