Overview: The dollar neared JPY152, setting a new 34-year high. This appeared to spur a senior official meeting in Tokyo, ostensibly to talk about the response. Previously, we suggested that Friday, when most markets outside of Asia will be closed, could provide an interesting opportunity for intervention. The implicit threat was enough to take the dollar […]
(Business trip will interrupt the commentary over the next few days. Check out the March monthly here. Back with the Week Ahead on March 9. May have some comments on X @marcmakingsense.) Overview: Outside of the Australian and New Zealand dollars, which are off by 0.20%-0.25%, the other G10 currencies are little changed and mostly softer
Forex Becalmed with the Greenback Mostly Firmer in Narrow Ranges – Beragampengetahuan Read More »
Overview: Amid a light news stream, the dollar is mostly in narrow ranges against the G10 currencies. Leaving aside the Norwegian krone, the others in a +/- 0.15% against the dollar today. We note that the technical tone of the euro and sterling have improved withe the five-day moving averages crossing above the 20-day moving averages.
Overview: The foreign exchange market is quiet. The Lunar New Year holiday shut most Asian markets. That, coupled with the light news in Europe, have served to keep the dollar in narrow ranges against the G10 currencies. The Swedish krona, Norwegian krone, and Japanese yen are posting minor gains against the greenback. The New Zealand dollar,
The Greenback is in Narrow Ranges to Start the Week – Beragampengetahuan Read More »
Overview: The divergence reflected in the flash PMI readings seen yesterday underpinned the dollar, which is firmer in mostly quiet turnover. The initial Australian dollar gains scored in response to the slightly less decline in Q3 CPI have been unwound. The greenback also remains within striking distance of JPY150 where there are still some large options
Divergence Continues to Underpin the Greenback – Beragampengetahuan Read More »
Dolar Selandia Baru menguat terhadap dolar AS karena dolar AS kehilangan momentum. Pasar Selandia Baru telah menikmati keuntungan yang mengesankan sejak Senin. Dolar AS yang lebih lemah adalah katalis utama untuk iklim perdagangan yang bullish ini. Imbal hasil Treasury AS yang lebih rendah dan taruhan untuk kenaikan suku bunga lebih lanjut oleh Federal Reserve menambah
NZD menguat karena greenback kehilangan momentum – Beragampengetahuan Read More »