Category Archives: Forex News


GBP/USD: Put bias intact despite upbeat UK retail sales

UK retail sales bounced back in April, but investors are not impressed. Risk reversals show GBP put bias is intact. The UK retail sales rose by a better-than-expected 1.6% in April, the Office for National Statistics reported on Thursday. In response, the GBP/USD pair posted


More Japanese firms are raising prices – Reuters poll

A growing number of Japanese firms are raising prices in response to jump in materials, transportation and labour costs, the Reuters poll shows. Key points (Source: Reuters) 45 percent of firms in the May 9-21 Reuters Corporate Survey said they plan to raise prices in


USD/JPY trims gains in sync with Nikkei 225, N. Korea risks weigh

Yen recovering ground as US-North Korea tensions persist. USD/JPY looks to hold the 109 handle amid firmer DXY, Treasury yields. The USD/JPY pair turned positive for the first time in four trading sessions and bounced sharply to test the 109.75 region, before reversing towards the


Euro’s longer-term prospects are quite bright – TDS

Analysts at TDS offer their view on the Euro , in its latest G1 FX outlook report for H2 2018. Key Quotes: “The EUR rallied in 2017 amid solid growth and inflation metrics slowly returning to target. Against this backdrop, the EUR has been at


IMF’s Tao Zhang: inflation in Asia should rise soon

According to Tao Zhang, Deputy Managing Director of the International Monetary Fund, inflation in Asia should begin to rise, noting that risks still remain to Asian financial structures. Key highlights Low inflation in Asia is due to ‘temporary factors’. Asia should use more macroprudential measures.


Moody’s: Tighter credit supply constrains China growth

Moody’s is out with the latest report on China, assessing what factors are likely to constrain the Chinese economic growth prospects. Key Highlights: The property sector remains central to China’s economy, tighter credit supply constrains growth. Property market remains as central to China’s economy as

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AUD/USD: flat lined despite bull breakout, focus on geopolitical tensions

AUD/USD witnessed an inverse head-and-shoulder breakout earlier this week. Still, big gains remain elusive, possibly due to renewed geopolitical tensions. The AUD/USD rose above the inverse head-and-shoulders neckline on Tuesday, raising prospects of a convincing move above 0.76, however, trade tensions and geopolitical concerns seem