USD and JPY Higher on China Growth Concerns and Rising Geopolitical Tensions
Safe haven FX kickoff the week on the front foot as risk appetite sours
AUD/JPY Risk Off Woes, China Data Miss, More Data and Central Bank Meetings Ahead
The Australian Dollar weakened against Japanese Yen. Risk appetite subsided with Chinese economic data suffering Delta variant fatigue. Will AUD/JPY continue lower?
Crude Oil Prices Extend Lower Amid Weaker US and Chinese Data
WTI crude oil prices pulled back on Monday as Chinese data disappointed investors. US consumer sentiment hit a decade low. Markets also weighed the impact of the Delta variant on…
US Dollar Analysis for the Week Ahead: USD/SGD, USD/THB, USD/IDR, USD/PHP
The US Dollar continues to hold its broader uptrend against ASEAN currencies despite a setback at the end of last week. What is the road ahead for USD/SGD, USD/THB, USD/PHP…
Australian Dollar Down on Weak China Data. Is AUD/USD Ready to Breakout?
The Australian Dollar continued to move lower immediately after Chinese Retail Sales and Industrial Production numbers came in below expectations. AUD/USD may test range support.
S&P 500 Hits Record Highs Despite Weaker Data, Chinese Retail Sales in Focus
Wall Street stocks advanced on Friday despite a plunge in US consumer sentiment, according to the University of Michigan. Asia-Pacific markets look set to open mixed with Chinese data in…
Japanese Yen Forecast: USD/JPY Eyes Japanese GDP Data to Kick Off APAC Trading
The safe-haven Japanese Yen is in focus as traders watch for Japan's second-quarter GDP figure to cross the wires. Meanwhile, Covid remains front and center after China shut down a…
Weekly Canadian Dollar Technical Forecast: Searching for a Catalyst – Oil?
The Canadian Dollar has begun to consolidate after a period in which net-longs in the futures market have been drained. The slump in crude oil prices has done little favor…
Markets Week Ahead: S&P 500, Gold Prices, US Dollar, FOMC Minutes, NZD/USD, RBNZ Rate Hike?
The S&P 500 gained as gold prices recovered from a flash crash early last week. A drop in Treasury yields on Friday sank the US Dollar. Will an RBNZ rate…