Browsing Tag

GBPCHF

The Week Ahead: Reassuring Message

USDJPY hits 9-month high ahead of FOMC The spike in bond yields has helped the US dollar rally to a nine-month high against the Japanese yen. As the US economy bottoms out, the fear of reflation is taking root in investors’ mind.…

The Week Ahead: A Good Problem to Have

USDCAD rebounds as US recovery in sight The market did not take the Fed’s pledge to keep the monetary policy loose at face value but instead started to price in future inflation. The turn in investor sentiment has sent ripples…

The Week Ahead: Extra Time

GBPCHF Struggles on No-Deal Prospect Trading the pound Sterling certainly is not for the faint-hearted these days. With only two weeks to go before the end of the transition period, London and Brussels are yet to clinch a deal.…

The Week Ahead: Risk Seeker

USDCAD Battered by Risk Rally Hopes of recovery have reached a new high bolstered by vaccine headlines, second reopening across Europe, and unwavering government aid. This bullish fever in risky assets continues to be detrimental to…

The Week Ahead: Take it or Leave it

GBPCHF Consolidates as Brexit Deadline Looms Pressure mounts as Brexit negotiations go into its crucial week. A deal must be reached by the end of November so the EU could pass it into legislation before the end of the transition…

The Week Ahead: The Face Off

EURJPY Awaits EU Agreement On Rescue Fund The euro has been striving to keep its high ground as European Union leaders discuss the EU’s 2021-27 budget in their first face-to-face meeting since the start of the pandemic. Notable rifts…

The Week Ahead: All In

EURJPY Surges as ECB Props up Economy The euro rose to a 13-month high against the Japanese yen as markets unwind their safe-haven bets. Broad optimism has found support from the ECB’s latest effort to stimulate the bloc’s economy.…