JPY

The EUR/USD has found increased support over the last trading week, following the descent in reserve and the ‘reset agreement’ signed with the UK. The EUR/USD has marched higher and the AUD cross has moved back below 0.5700. This is a break away from the recent tight trading ranges and may signal a completely new…

The GBP/USD has performed well over the last week or so, supported by a trade agreement with the USA and a newly inked agreement with the EU. The ‘reset agreement’ may turn out to be a ‘net negative’ to the UK, as terms seem to heavily favour the EU. This also does not consider the…

The EUR/USD has enjoyed more support, following the sell-off in the reserve currency, pushing the NZD/EUR cross to below 0.5250. The EU signed a ‘reset deal’ with the UK, which is likely to advantage the single market, but a trade deal with the USA, still noticeably eludes. Late USD strength at the end of the…

The NZD/AUD rate bounced back above 0.9200 briefly, following the expected interest rate cut from the RBA. The RBA cut rates by 25 basis points, as expected, but markets did not resist opportunity for selling the currency. Australian interest rates remain relatively high, compared to other Western economies, so the interest rate differential, will support…

The NZD surrendered 0.5900 early in the week, then had a mid week rally back before finishing lower at .5880 level, following some strength from the US Dollar. The US Dollar had come under growing pressure, as market analysts become increasingly concerned about the US economy, but late data showed the economy to be more…

The EUR travelled well over the previous week, with a string of much improved economic data being released, throughout the week. The problem undermining the single currency, is no trade agreement, as is the problem in Australia. The cross rate suffered, falling back to 0.5700, but the new week will see re-evaluation in the face…

The EUR travelled well over the previous week, with a string of much improved economic data being released, throughout the week. The problem undermining the single currency, is no trade agreement, as is the problem in Australia. The cross rate suffered, falling back to 0.5700, but the new week will see re-evaluation in the face…

The stream of stronger than expected economic data, coming out from the UK, including the good news of EU/UK reset, and the all-important UK/US trade agreement. This has cut the legs out of the AUD/GBP cross rate. The cross rate has slumped to 0.4800, with more downward pressure likely. The lack of a trade agreement…

UK GDP growth surprised many when released last week, confirming the UK has emerged, from the technical economic recession. This added to the US/UK trade agreement, has allowed confidence to surge and given some support to the GBP. The new EU/UK reset of relations was also a boost to the GBP. The cross rate with…

UK GDP growth surprised many when released last week, confirming the UK has emerged, from the technical economic recession. This added to the US/UK trade agreement, has allowed confidence to surge and given some support to the GBP. The new EU/UK reset of relations was also a boost to the GBP. The cross rate with…