Japan Foreign bond investment climbed from previous ¥-1130.6B to ¥-703.9B in March 10

Japan Foreign investment in Japan stocks fell from previous ¥-167.1B to ¥-722.7B in March 10

Dutch election: PM Rutte’s VVD clear leader, in the lead to form new cabinet

As reported by Reuters, Dutch PM Rutte's VVD party is clearly the leader in the Dutch election and will take the lead to form a new cabinet as votes continue being counted.  The Economics Team at ABN AMRO shared the main highlgiths (based on exit polls only): - The Greens with thei ...

Fed: economy is in line with the FOMC’s forecasts – Nomura

Analysts at Nomura explained, that as expected, the FOMC raised the federal funds target range from 0.50-0.75% to 0.75-1.00%. Key Quotes: "In the press conference, Chair Yellen indicated that the economy has made solid progress toward the goals of maximum employment and 2% longer-run inflatio ...

When is Aussie jobs report and how could affect AUD/USD?

Australian jobs report (Feb) Australia's monthly jobs report is back on the cards for Asian markets today. The report will be released at 11.30am AEDT. January's report offered a small increase. For today's, analysts are expecting employment to pick up in February, but not by enoug ...

HKMA tracks Fed and hikes rates by 25 bps

The Hong Kong Monetary Authority (HKMA) has annonced that it raises its benchmark rate by 25bp, from 1% to 1.25%, tracking the decision by the Fed just hours ago, when it rose rates to a new range of 0.75%-1%. Headlines  The base rate is the interest rate forming the foundation upon which th ...

USD/RUB momentum switched to negative

Increased downward momentum in the USD/RUB has brought the 4hr MACD to step in the red zone.This technical condition would certainly not be of much help if the MACD hasn't been under zero for at least one week of trading. This reinforces the argument that room for further USD/RUB depreciation i ...

AUD/NZD headed to 1.1050? – Westpac

Analysts at Westpac offered their outlook for the antipodean cross and rates. Key Quotes: "AUD/NZD 1 day: Trying to extend the multi-week rally, the next major target the 1.1050 area (April lows). AUD/NZD 1-3 month: Higher to 1.10+. The cross remains well below fair value estimates implied b ...

NZD/USD: rally sold into after Q4 GDP miss

Currently, NZD/USD is trading at 0.7010, down -0.49% on the day, having posted a daily high at 0.7048 and low at 0.7002. Forex today: dollar tumbles on FOMC less hawkish than expected NZD/USD has dropped on the back of New Zealand's gross domestic product Q4 2016. the data arrived as 0.4 ...

Upside vulnerability in USD/SGD

From an hourly perspective, the USD/SGD has reached its lowest momentum reading of the last 20 days of trading.Moreover, the recent plummeting USD/SGD price action has been highlighted by an above-average reading in the MACD histogram.While these momentum extremes could migrate to higher tim ...

GBP/USD powerful rally threated

From an hourly perspective, the GBP/USD has reached its highest momentum reading of the last 20 days of trading.Recent GBP/USD longs are speculative and likely vulnerable. Unless they are fed with comforting releases, a torrent of selling could very well ensue in the form of profit taking and/o ...

AUD/USD volatility measures could spark profit taking

AUD/USD 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 ...

AUD/USD warns of a stronger rally attempt

A well bid AUD/USD elevates the ADX above its 50 level, signal of a highly constructive trend on 1hr charts.What makes the higher settlement in the ADX rare -although not unprecedented- is the fact that it was printing below 35 ten hours ago.Such an outperformance encourages momentum traders t ...

New Zealand Gross Domestic Product (QoQ) registered at 0.4%, below expectations (0.7%) in 4Q

New Zealand Gross Domestic Product (YoY) came in at 2.7%, below expectations (3.1%) in 4Q