JPY

Eurozone to slow, US to expand So what is ahead for the ECB and BOJ Over 2018? Among the forecasts and projections being laid out for the year ahead, one of the consensus calls  for 2018 is that growth in the eurozone will slow down while growth in the US is expected to ramp up. Following an expansion in growth this year, most analysts are expe...

2018-01-17 James Harte Read more
2018 Forex Predictions

As 2017 comes to a close, traders are getting ready to analyse their performance for the year and plan how to make the most of the opportunities 2018 has in store. This means trying to figure out what price movements are likely in 2018 or market trends one may expect. The answers to these questions will depend on macroeconomic events, taking pla...

2018-01-17 Orbex Read more
Bank of Japan keeps policy on hold

BoJ votes 8 - 1 to keep monetary policy steady. Central bank keeps the main interest rates unchanged at -0.10% Japanese Government bond yields target remains unchanged at 80 trillion yen. BoJ signals optimism as it expects growth and inflation to rise moderately. The Bank of Japan held its monetary policy meeting on Thursday last...

2018-01-17 John Benjamin Read more
Forex Afternoon

The markets will be looking to a short trading week as the holiday season kicks in. Economic details are sparse with not many market moving events lined up over the week. Trading volumes are also expected to remain light which could see some erratic market behavior into the end of the year. The lack of macro-economic data could also mean tha...

2017-12-24 John Benjamin Read more

The Bank of Japan will be one of the last central bank meetings lined up for this year this week. The central bank is expected to make no changes with its QQE program and interest rates which currently stand at -0.10%. This comes amid nascent signs of improvement in the economy. The BoJ meeting will conclude with the release of the monetary p...

2018-01-17 John Benjamin Read more
Yen_Japan

Japanese GDP Boosts JPY JPY was stronger over the European morning following the latest data, realised overnight, which showed that Japanese GDP grew 0.3% over Q3. The increase is a result of a 0.5% positive contribution from net exports and a 0.2% negative contribution from domestic demand. Real private consumption decline, in line with expect...

2018-01-25 James Harte Read more
COT report_Sterling_ECB

EURUSD Non-Commercials increased their net long positions in the Euro last week, buying a further 3k contracts to take the total position to net long 91k contracts. This recent increase in traders’ upside exposure comes despite an escalation in political instability in the eurozone. The recent Catalonian referendum in Spain saw the region vot...

2017-10-19 James Harte Read more
American flag

US Bull Cycle Over? The bull cycle in the USD index, which has run for around six years, has come under serious heat this year, mostly fuelled by resurgent strength in European and Canadian currencies. The fall-out from Trump’s election has also weighed heavily on USD as investors were once again left disappointed by Trump’s overpromising and u...

2017-10-22 James Harte Read more
Flag of North Korea

A few weeks ago, we thought that the geopolitical tensions have finally eased after North Korea announced its decision to delay the attack on the US Air-Base in Guam island. The US President Donald Trump thought that his threats to North Korea have finally worked and led the North Korean President to back off. Trump also said that North Korea’s...

2017-09-04 Nour Eldeen Al-Hammoury Read more
COT report_Sterling_ECB

This data references the period ending Tuesday, August 8th EURUSD Non-Commercials increased their net long positions in the Euro last week buying a further 11k contracts to take the total position to 94k contracts long. Following some minor position squaring over the prior week, buying has now resumed in the Euro as traders continue to ant...

2017-08-14 James Harte Read more