Supply closures in metal markets are buoying sentiment. However, they will still offset the hit to demand, opening up risks of another selloff, per AN
Blogs
NZD/USD: Expected to fall further – Credit Suisse
NZD/USD has broken its long-term uptrend and is expected to fall further, according to analysts at Credit Suisse. Key quotes “Weakness in NZD/USD is s
EUR/USD: Tilted in favour of bearish traders
EUR/USD's inability to capitalize on the attempted recovery move points to persistent selling bias at higher levels. The near-term bias remains tilted
USD/JPY: 106.92 viewed as an interim low – Commerzbank
The 106.92 mark is viewed as an interim low for the USD/JPY pair and Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, predicts
ECB’s Villeroy: Europe needs more investment to help the recovery
Following the growth forecasts published by the French central bank, the European Central Bank (ECB) Governing Council member and Bank of France Head
GBP/USD: In a tight range
GBP/USD remains in a tight range with the Relative Strength Index and momentum stabilizing on the four-hour chart, FXStreet’s analyst Yohay Elam repor
Japan Machinery Orders (MoM) above forecasts (-2.7%) in February: Actual (2.3%)
Japan Machinery Orders (MoM) above forecasts (-2.7%) in February: Actual (2.3%)
Bank of France: Q1 GDP to see the deepest quarterly downturn on record
France’s central bank, Bank of France, released its quarterly forecasts for the economy, highlighting that the Q1 GDP is likely to see the deepest qua
USD/JPY: Immediate target still remains at 110.40 – UOB
USD/JPY is still expected to move to the 110.40 area in the next weeks, suggested FX Strategists at UOB Group. Key Quotes 24-hour view: “We highlighte
JPY Futures: Further consolidation likely
Investors trimmed their open interest positions for the third consecutive session on Tuesday, now by just 23 contracts in light of preliminary reading