GBP: Technical indicators are mixed – BBH

Analysts at BBH explain that unlike the euro, yen and Swiss franc, sterling failed to make a new high last week as sterling’s high was set on January 25 a little below $1.4350.  Key Quotes “It has made two lower highs since.  Before the weekend,


Nikkei 225 clears 22,000.00, extending bullish reversal

Nikkei grinding upwards in calm Monday trading. Bearish reversal risk remains strong following February decline. The Nikkei Index is back over the 22,000.00 handle to kick off the new week, pushing over the 21,100.00 handle as of writing. Japan’s leading stock index took a tumble beginning


AUD/USD to test the 0.8000/50 area – Westpac

Sean Callow, Research Analyst at Westpac, explains that equities are the wild card but overall, the resumption of broad-based USD decline last week seems rather bearish for its near term prospects, providing a chance for AUD/USD to test the 0.8000/50 area. Key Quotes “AUD/USD has


JPY: Technical indicators were mixed – BBH

Analysts at BBH, note that the yen closed higher against the dollar every day last week until Friday and the buying appears to have been led by Japanese participants.  Key Quotes “The dollar was sold in Asia every day and before the weekend it was driven