The Organization for Economic Cooperation and Development (OECD) released its interim report flagging stubborn inflation, lower growth and higher rates
‘A bleak mood hangs over Germany’ according to the latest Ifo business climate index with the economy expected to shrink in Q3.
GBP extended losses from last week in what has been an unusual spate of selling during the Asian session as markets mull over loose fiscal policy and GBP/USD tests 1.00.
The US Dollar soared against ASEAN currencies this past week. Dominant uptrends are in focus for USD/SGD, USD/THB, USD/IDR and USD/PHP. As prices aim for new highs this year, what are key levels to watch?
The British Pound is under the pump today as worries grow about the fiscal state of affairs for the UK while the US Dollar surges. Will the BoE do anything to save GBP/USD?
The Hang Seng Index is attempting to break below a major support, while the Shanghai Composite Index continues to make new lows. What is the technical outlook for the indices and how much more downside?
The Japanese Yen lost ground against the US Dollar to start the week as the market questions the ability of the Bank of Japan to hold down rates at the same time as supporting the Yen.
An already exceptionally strong US Dollar surged on Friday, threatening Asia-Pacific market sentiment. The Bank of Japan Governor Kuroda is due to speak today.
Volatility rippled through the financial system this past week with global indices tumbling and the Dollar’s rally amplified through counter-currency struggles. While conditions were still orderly through Friday, we may find financial stability at risk in the week ahead with the wrong prompts.
USD/CAD put in a massive breakout last week to run to fresh two year highs, negating a bear flag along the way. Can USD/CAD bulls continue to push?