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12 Mar 2015

USD/JPY may continue to creep higher – OCBC

FXStreet (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank, maintains the bullish outlook for USD/JPY, expecting a move towards 122.00.

Key Quotes

“The pair may continue to creep higher multi-session, especially in light of hawkish comments from the Fed’s Bullard (non-voter) in the FT. As noted yesterday, the expected profile may remain tilted to the upside multi-session towards 122.00 if the dollar story continues to play out.”
Mar 12, 2015

Asia Recap: RBNZ neutral bias, no surprise in Aus jobs

The familiar USD strength theme continued to dominate in Asian hours, but this time lagging well behind the Kiwi, which found in a neutral RBNZ monetary policy outcome the perfect ally to appreciate across the board, with moves in the rest of the G10 FX complex fairly subdued, including the AUD, after an in-line Australian jobs report.
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Mar 12, 2015

US Indices: Good technicals, potential turnaround – TechTrader

Harry Boxer of The Technical Trader, summarizes the performance of Dow, Nasdaq and S&P 500, viewing that in spite of the negative close, technicals now support at potential turnaround.
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