By FXStreet Jason Daw, Research Analyst at Societe Generale, suggests that the PBoC took the long overdue step of cutting the RRR by 50bp to offset the tightening
By FXStreet Sean Callow, Research Analyst at Westpac, suggests that the AUD/CAD should continue to find support around 0.9600, with scope for 0.9850-0.9900 multi-week. Key Quotes “We expect
By FXStreet The AUD/USD pair caught a fresh bid-wave over the last hours and reverted to post-GDP highs as risk-on trades heightened, with the Australian stocks extending further
By FXStreet Richard Franulovich, Research Analyst at Westpac, suggests that for the first time in many months the USD looks well positioned to mount a serious attack at
By FXStreet Research Team at Nomura, notes that in the US, the Institute for Supply Management (ISM) reported that its headline manufacturing index increased by 1.3pts to 49.5
By FXStreet The EUR/USD’s recovery from four-week lows met fresh supply ahead of 1.0880 levels, sending the prices lower to hit fresh session lows. EUR/USD heading towards Tuesday’s
By FXStreet Reuters quoted an unnamed Japanese government official last minutes, stating, the Japanese Ministry of Finance (MOF), Financial Services Authority (FSA) and the Bank of Japan (BOJ)
By FXStreet In a latest report published by Fitch via Reuters, the ratings agency noted that the recent RR cut by the PBOC could fuel increased lending growth
By FXStreet The NZD/USD pair defends gains heading into mid-Asia, having faded a knee-jerk spike to 0.6660 in response to surprisingly stronger Aus GDP print.NZD/USD finds support near
