by K-man | March 29th, 2019, 20:54:52 | News
FX closing rates 29.03.2019 That’s it then for this week again. Loads of ups and down, GBP all over the shop, CAD regaining some colours, CHF taking over as the main risk off currency, EUR not able to stand up and closes the week on the bottom edge of the...
by K-man | March 23rd, 2019, 17:33:22 | BOJ, Japan, News
A Japanese Emperor change is coming. Hi all, I needed to read this FT article a few times to make sure I got it right. Japan will virtually be out for TEN DAYS when Emperor Akihito will abdicate and be replaced by his son Naruhito. From 27th April ongoing,...
by K-man | March 21st, 2019, 21:33:16 | Central Banks, Technical Analysis
Norges Bank stands tall and raises rates. It was expected, they delivered. But they delivered much more than just a 25 bps expected rate hike from 0.75% to 1%. They steepened the rate path by bringing forward the next expected rate hike from Q3 2019 to June and...
by K-man | March 18th, 2019, 23:48:04 | News
What’s driving the JPY? We can safely say that not a lot moves the JPY these days, at least not vs USD. Most of the major CB’s are in a wait and see mode, no one knows exactly what’s going to happen for the rest of the year. Is the global slowdown...
by K-man | March 10th, 2019, 22:32:24 | News
Sunday 10.03.2019 FX retail opening Good evening dear forex friends. I’m a bit late, apols, but I had to clean up my PC’s a bit tonight. Hopefully you had a peaceful and fun weekend. The weekend news was relatively subdued in FX terms. Yes UK’s not...