Aussie jobs preview – what to expect in AUD/USD?

Currently, AUD/USD is trading at 0.7508, down -0.05% on the day, having posted a daily high at 0.7520 and low at 0.7503. Fed's Beige Book: Majority of Fed districts described labor markets as tight AUD/USD lost ground overnight on the back of a resurgence in the greenback and US fixed incom ...

Japan Foreign investment in Japan stocks down to ¥246.5B in January 13 from previous ¥346.8B

Japan Foreign bond investment climbed from previous ¥206.5B to ¥332.1B in January 13

Crude prices gain in early Asia as API estimates mixed

U.S. crude prices posted mild gains in Asia on Thursday as an industry report on U.S. inventories showed a sharp drop in crude supplies, but a spike in gasoline stocks following a production report by OPEC that said efforts to curb surpluses by the cartel were working. On the New York Mercantil ...

Bullish outlook for AUD/NZD and antipodean swaps rates – Westpac

Analysts at Westpac offered an outlook for the antipodean cross and rates. Key Quotes: "AUD/NZD 1 day: Continues to oscillate around 1.05 for the time being but upside risks appear to be building. AUD/NZD 1-3 month: Higher to the 1.0650-1.0770 area, mainly for valuation reasons. The cros ...

Market wrap up, data largely ignored – ANZ

Analysts at ANZ explained that decent data in both Europe and the US, confirming gradually lifting inflation pressures, was largely ignored by the market. Key Quotes: "USD strength was the overriding feature of the night’s trading. In bond markets, European core market 10-year yield ...

Bearish reversal pattern on the AUD/USD daily chart

A retracement into the gains of the previous day's gains morphed into a Dark Cloud Cover pattern adding more bearish sentiment to the AUD/USD daily chart.This pattern portends a potential resistance zone and an opportunity for traders to position themselves short with additional bearis ...

AUD/USD forms a dark cloud cover

A bearish reversal pattern has been detected on the AUD/USD daily chart.Demand couldn't be sustained and the exchange rate lost ground, falling below the midpoint of the previous candle's body. This pattern indicates an opportunity for traders to capitalize on a trend reversal by positionin ...

GBP/JPY momentum is supportive for attempt higher

On the 4hr GBP/JPY chart, the MACD has moved above zero making the near-term structure supportive for an attempt higher.Such a momentum indication, unseen for at least for 30 periods, indicates that key price breaks are on the horizon. There is a real threat of GBP/JPY rate moving now considerabl ...

Market wrap: US bouncing back – Westpac

Analysts at Westpac offered a market wrap. Key Quotes: "Aided by higher US yields the USD recouped some of yesterday’s sharp losses that were triggered by President-elect Trump’s comments that the “USD is too strong”. EUR shed about US1/2 cent, 1.0665 near the close ...

US stocks mixed, Fed’s Yellen Hawkish, Treasuries yields up

Yellen; mixed earnings CNBC reports, "In prepared remarks, Fed Chair Janet Yellen said the U.S. economy is closing in on the central bank's goals, giving it impetus to start reducing the extreme levels of support it has provided over the past decade. "Right now our foot is stil ...

NZD/USD: downside finally playing out, target 0.68 medium term

Currently, NZD/USD is trading at 0.7129, down -0.13% on the day, having posted a daily high at 0.7142 and low at 0.7123. Fed's Beige Book: Majority of Fed districts described labor markets as tight NZD/USD dropped today on the back of Yellen's hawkishness and broad based dollar strengt ...

Mexico stocks higher at close of trade; IPC up 0.78%

Investing.com – Mexico stocks were higher after the close on Wednesday, as gains in the Telecoms Services, Materials and Consumer Staples sectors led shares higher. At the close in Mexico, the IPC gained 0.78%. The best performers of the session on the IPC were Grupo Mexico, S.A.B. De C.V. ...

AUD/NZD volatility measures could spark profit taking

AUD/NZD is capturing attention with its soaring volatility and northward streak.The following technical observations are worthy of note: The search for a low in today's trading is reflected in the 2-standard deviation Bollinger Bands® expanding for several consecutive hours. Moreover, the near-term ...

Bullish price-indicator crossover in GBP/JPY

A bullish crossover between the GBP/JPY current rate and its 200-hour SMA has been detected.The ascending GBP/JPY price finds itself en route to the 800-SMA, which carries an equal resistance to the 200-SMA on 4hr charts. Such a price-indicator cross has not occurred at least for a week on thi ...