BoE

The Japanese yen was the top performing currency last week, gaining 2.09% to the US dollar. The risk aversion sentiment last week was clear with Gold prices also seen gaining strongly. The AUD and the NZD interestingly also gained. [caption id="attachment_18091" align="aligncenter" width="431"] Weekly Spot FX Performance – 08/07/2016[/capti...

2016-07-11 John Benjamin Read more
US Jobs_Wage growth

The British pound lost another 3.30% over the week, marking the second week of declines. The week before, the pound was down by over 4%. The markets remained mixed with a modest risk on rally. The Kiwi gained 0.72% as a result while the Canadian dollar also managed to keep its gains, following a modestly upbeat GDP numbers for April. The risk on...

2016-07-04 John Benjamin Read more