Thursday, August 27, 2015
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RBA to continue monitoring or act? – UOB

FXStreet (Guatemala) – Analysts at UOB Group noted the forthcoming RBA meeting coming up. Key Quotes: “The RBA chose to keep interest rates unchanged at a record low of 2.0% during the June meeting. Whilst there is room for further easing amid continuing sluggishness in business investment and consumer spending, we believe the central bank […]

August 27 2015 | Posted in Forex | Read More »

USD/JPY: to remain subdued on market uncertainty – BTMU

FXStreet (Guatemala) – Analysts at Bank of Tokyo Mitsubishi UFJ noted that the USD/JPY fell sharply this week, at one point touching 116.15, the low since January. USD/JPY is now back above 120.00 as market panic eases and US yields rise. Key Quotes: “The drops in the Nikkei and USD/JPY have been undoubtedly disastrous. Market […]

August 27 2015 | Posted in Forex | Read More »

US stocks gain for second session in a row

FXStreet (C√≥rdoba) – Despite a sharp pullback into the final hour of trading, US stocks managed to resume the advance and closed near highs for second straight session on Thursday, tracking a recovery in Asian and European stocks amid easing concerns over China and a strong US GDP revision. The Dow Jones Industrial Average closed […]

August 27 2015 | Posted in Forex | Read More »

EUR/USD bears take back control – FXStreet

FXStreet (Guatemala) – Valeria Bednarik, chief analyst at FXStreet noted that the US economy grew at a faster-than-expected pace during the second quarter of this 2015, at least according to the preliminary reading of the GDP that posted a whopping 3.7% against expectations of a 3.2% advance. Key Quotes: “The American dollar extended its early […]

August 27 2015 | Posted in Forex | Read More »

AUD/JPY reaching R1 on golden cross

FXStreet (Guatemala) – AUD/JPY is currently trading on the bid at 86.72 with a high of 86.95 and a low of 85.05. AUD/JPY has been making a minor recovery, possibly supported on the Nippon Life Insurance in talks to buy NAB insurance business news, although remains in negative territory below the 200 SMA on the […]

August 27 2015 | Posted in Forex | Read More »