News


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20
Feb

Pound Advances After Cameron Secures a Deal at `Brexit’ Summit


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Our View: It does seems that the market see it a positive thing for pound if U.K. stays in EU since after securing a deal with EU with unanimous votes, the pound appreciated. Pound has been weakening as bets for rate hike has been pushed way to far. What...


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18
Feb

Nomura Sees Yen Falling More Than 10% on BOJ Negative Rates


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Our View: This is a pretty extensive articles for a clearer USDJPY picture. Even though BOJ surprised the market with negative interest rate, the impact to weaken the yen was outweighed by excessive demand for safe haven assets. The broke-below of 116.21, a key support level based on W1...


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02
Feb

Aussie Is Best Performer for Past Week as RBA Seen Holding Rates


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Our View: It seems that there is a growing concern for the Fed over the strong dollar.  Saying things such as ‘We simply do not know…the world is an uncertain place’ shows that they are trying to bring down confidence and weaken the dollar first before they embark on...