By FXStreet FXStreet (Mumbai) – The demand for the JPY spiked as the Japanese trade balance swung back into surplus for the first time since March, thereby pushing
By FXStreet FXStreet (Edinburgh) – Karen Jones, Head of FICC Technical Analysis at Commerzbank, sees the possibility of the cross to squeeze higher in the near term. Key
By XE Market Analysis The dollar is lower across the board, against other G7 currencies and emerging-world currencies. The Fed minutes from the late October FOMC meeting kept
By FXStreet FXStreet (Edinburgh) – The common currency is now losing some ground vs. the Swiss franc, relegating EUR/CHF to challenge session lows in the 1.0860 area. EUR/CHF
By FXStreet FXStreet (Delhi) – Jim Reid, Research Analyst at Deutsche Bank, notes that the markets reacted with some calm to the October FOMC minutes which pointed to
By FXStreet FXStreet (Mumbai) – The GBP/USD pair witnessed a break above the key level of 1.5248 (50% of Apr-Jun rally) on broad based USD weakness in Asia.
By FXStreet FXStreet (Edinburgh) – After climbing as high as the 132.30 area, EUR/JPY has now sparked a correction lower to the 131.80 region following Kuroda’s presser. EUR/JPY
By FXStreet FXStreet (Delhi) – Research Team at Nomura, notes that there is a shift to nominal trade surplus (original series) from deficit in Japan. Key Quotes “Trade
By FXStreet FXStreet (Mumbai) – The Bank of Japan (BOJ) Governor Haruhiko Kuroda is crossing the wires now, speaking the BOJ press conference after the central bank left
By FXStreet FXStreet (Mumbai) – The USD was offered across the board in overnight trade, taking the EUR/USD pair to its 5-DMA at 1.0707 as the Fed minutes
