Yearly Archives
2019
Previewing the BOJ’s Interest Rate Decision
Overnight we have the most important economic event of the month for the yen!
It's not the interest rate decision, but rather the monetary policy statement and particularly, the press conference that comes after it. Usually, we see quite…
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The Countdown To The Putin-Kim Meeting Begins
Trump’s Failure Gives Putin Opportunity to Negotiate
North Korea's leader Kim Jong Un arrived in Vladivostok just hours ago. He will be meeting Russian President Vladimir Putin tomorrow, Thursday, for a symbolic first encounter. Moscow has…
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USD Bid Higher As New Home Sales Rises
The USD traded higher on Tuesday, rising to a six-week high. The new home sales report showed a 4.5% increase on a month over month basis, beating estimates of 645,000.
New home sales rose to 692,000 in March. February’s figures were…
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Trade of the Day – USDJPY – Looking to buy dips within the corrective channel
Further upside is expected although we prefer to set longs at our bespoke support levels at 111.60, resulting in improved risk/reward
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BoC Preview: No Changes to Interest Rates Expected
The Bank of Canada will be holding its monetary policy meeting later today. The central bank is widely expected to keep interest rates unchanged at today's meeting
The BOC’s interest rates currently stand at 1.75%.
Bank of Canada…
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