USDJPY

The US dollar index managed to hold on to the gains amid a mixed batch of economic reports. Retail sales fell 0.2% in February unexpectedly, while the ISM’s manufacturing PMI rose to 55.3 during the month. Construction spending data also… Read More

The markets traded somewhat mixed into the close of the first quarter. There was a bit of volatility with the month end and quarter end flows. Gold managed to recover from the losses while the euro traded subdued. Brexit continues to… Read More

The January trade deficit data for the United States showed a decline of 15% with the deficit shrinking from a revised $59.9 billion in December to $51.1. The deficit shrank on lower oil imports and surged in soybean exports. The data… Read More

The New Zealand dollar traded 1.5% lower today after the overnight session showed that the RBNZ was likely to cut interest rates in the near term. The central bank left the official cash rate unchanged at 1.75% at today’s meeting.… Read More

The US dollar traded weak on Monday as the 10-year bond prices rallied pushing yields lower. The spreads between the 3-month and 10-year yields continued to widen with the inverted yield curve taking a more pronounced shape at the front… Read More

Here is our weekly video analysis for the FX Majors. We will be breaking down time-frames while highlighting what you should be looking out for this week! Read More

The EU leaders agreed to the UK’s request to extend Brexit from March 29th to May 22nd if the UK parliament will adopt the Brexit bill this week. PM May initially sought an extension until June 30. Failure by the UK parliament to adopt the… Read More

The ICE US dollar index gained 0.6% reversing the declines from Thursday. President Trump said that the tariffs on China will stay for a significant period of time despite negotiations resuming next week. However, Washington noted it would… Read More

The USD was trading weaker on Wednesday after the FOMC meeting yesterday saw the Federal Reserve leaving interest rates unchanged. The Fed also signaled no rate hikes this year according to the dot plot projections. As expected,  they also… Read More