China Raises Its US Treasuries Holding In February
China increased its holding of U.S. Treasury securities in February after cutting 7.3 billion U.S. dollars in the previous month, the latest data from the U.S. Treasury Department showed on Monday.
Japan
Nervous Anticipation For The US Indices
Nervous best describes US equity markets today, and with so many influences now coming to bear, and this nervous tension can only increase over the next few weeks.
USDJPY Uptrend Pullback Apr 25, 2016
USDJPY broke out of its double bottom formation on the 1-hour time frame, signaling that a reversal from the previous downtrend is about to take place.
USDJPY Potential Breakout Sept 18, 2015
USDJPY has been making higher lows and lower highs, creating a symmetrical triangle on its 1-hour time frame. Price just bounced off the triangle resistance and is currently testing support, still awaiting a bounce or a breakdown.
Frozen
Frozen, the movie made a fortune for Walt Disney (DIS, quote), and yes I did watch it, and listened to a young girl sing the song…a lot.
Abe the Yen Samurai
Fukushima. However, the Japanese public seemed to take responsibility and handled it with class and dignity.
Myths – Unicorns – Samurai – Elephants
Billion dollar Unicorns are more evident today than when Noah was filling the ARK. The speed at which companies are becoming uber valuable is flat out amazing. Surprising yes, unless one was smart enough to understand how the internet, and software was connecting people in ways that only few ascertained.
Brent Falls Lower On Japan Data
Brent crude (BNO, quote) oil began the week on a low note after GDP data helped confirm suspicions of a global slowdown. The commodity traded at $78.19 at 8:15 GMT, following surprising reports that Japan had fallen into a recession.
USDJPY Forecast June 4, 2014, Technical Analysis
The USDJPY pair initially fell during the session on Monday, but as you can see ended up bouncing enough to form a hammer by the end of the day. This hammer of course suggests that the markets going to go higher, and as a result we believe that the move higher should continue to the 103 level at the very least, as it is the next major resistance area.
U.S. Dollar Under Pressure againts the Yen and Euro
This week market participants are getting a flurry of global economic data that has been and continues to have the potential to move the currency markets.