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19 Feb 2020

USD/JPY holding around 110.00 – Commerzbank

USD/JPY continues to consolidate at 110.00, as Karen Jones from Commerzbank notes. The analyst maintains a bearish bias for the pair.  

Key quotes

“The market is underpinned by its seven month support line at 108.64 and is capped currently by the January high at 110.31. While this caps on a weekly chart closing basis, we will maintain an overall longer term bearish bias.” 

“Failure at the 107.65 January low is needed to reassert downside pressure to the 106.48 October low and the 105.00 region.”

 

Feb 19, 2020

Portugal Current Account Balance increased to €-0.182B in December from previous €-0.406B

Portugal Current Account Balance increased to €-0.182B in December from previous €-0.406B
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Feb 19, 2020

Canada: CPI will keep CAD on the defensive – TDS

Canada will release headline CPI data today at 13:30 GMT and the market consensus is an increase of 0.2% m/m and 2.3% y/y. Strategists at TD Securitie
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