USDJPY Daily Analysis – March 30, 2015
USDJPY’s downward movement from 1.2202 extended to as low as 118.33.
Currencies
EURUSD Forecast March 30, 2015, Technical Analysis
The EURUSD pair went back and forth during the course of the session on Friday, as we continue to hang about the 1.09 level.
AUDUSD Forecast March 30, 2015, Technical Analysis
The AUDUSD pair broke down during the course of the session on Friday, clearing the bottom of the shooting star that had formed on Thursday.
USDJPY Weekly Analysis – March 29, 2015
USDJPY remains in uptrend from 101.06 (Jul 10, 2014 low), the sideways movement
EURUSD Weekly Analysis – March 29, 2015
EURUSD stays in the downward price channel on daily chart, and remains in downtrend from 1.3993 (May 8, 2014 high), the rise from 1.0462
More Countries Say To Join China-led AIIB
The AIIB has drawn a cool response from the United States, despite which European US allies including Britain, France, Germany and Italy have already announced they would join the bank.
AUDUSD Weekly Analysis – March 29, 2015
After touching 0.7912 resistance, AUDUSD pulled back into the trading range between 0.7560 and 0.7912, indicating that the pair remains
GBPUSD Weekly Analysis – March 29, 2015
GBPUSD’s bounce from 1.4634 extended to as high as 1.5162.
Europe Likely To Send Hot Money To China
Dramatic monetary policies in Europe have lots of potential to create a new surge of hot money inflow into China, says Simon Derrick, chief currency strategist at the Bank of New York Mellon.
Cable In Focus As We Await BOE
Market focus this morning returns to the more mundane, namely the BOE inflation report and press conference with Gov Mark Carney, and it will be interesting to see whether Cable can continue to build on its recent platform of support in the 1.5 region.