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  1. Gold risk reversal bias favors put options
  2. USD/CAD trades near yearly highs above mid-1.32s as WTI stays below $65
  3. AUD/USD holds below 0.74, put bias strongest in 4 months
  4. USD/JPY back in play near 110.00 after recovering from Tuesday’s dip
  5. GBP/USD continues to drip towards 1.30 with a quiet day ahead
  6. EUR/USD could find bids on increased odds of treasury yield curve inversion
  7. Gold Technical Analysis: Bull trap
  8. AUD/USD clocks session high as RBA minutes sound more upbeat on growth
  9. USD/JPY dips below 110, looks south on escalating US-China trade war
  10. GBP/USD: Put bias strongest since May 31 By Omkar Godbole
  11. EUR/USD: Puts in demand ahead of Draghi’s speech
  12. Gold fell to lowest level since Dec. 26, calls lose value
  13. AUD/USD testing new lows, 0.7400 remains in sight
  14. USD/JPY digs into 110.50 on surprise Japan trade balance
  15. GBP/USD lacking the momentum to recover to 1.34
  16. Trade and political concerns are back in fashion
  17. Gold: Above $1,300, but bull breakout remains elusive
  18. AUD/USD hit one-month low after bear flag breakdown
  19. Forex Today: BOJ drifts further from its peers, Yen on the defensive
  20. GBP/USD looking for a foothold from 1.3250 following Thursday’s bearish overture
  21. EUR/USD faces worst weekly loss since November 2016, creates bearish outside-week candle
  22. Gold is teasing bull breakout after bullish outside-day candle
  23. AUD/USD targeting post-FOMC lows at 0.7530 on bad Australian and China data
  24. USD/JPY falls back to 200-day MA support despite hawkish Fed
  25. GBP/USD trying to grind its way back to 1.34 ahead of Thursday’s UK and US Retail Sales double-header
  26. EUR/USD is mildly bid despite hawkish Fed, Eyes ECB
  27. Gold Technical Analysis: Bearish continuation pattern sighted
  28. AUD/USD hit 12-day low on dovish RBA Lowe’s comments
  29. USD/JPY: well based above the 200-D SMA, the quiet before the FOMC storm
  30. GBP/USD stumbles back from 1.34 once again as bullish momentum evaporates
  31. EUR/USD: Put value hits 13-day high ahead of Fed and ECB event
  32. Gold continues to struggle with $1,300 as key barrier holds action in place
  33. AUD/USD gets a lift from an uptick in AUD/JPY, weak NAB data ignored
  34. USD/JPY trims gains, but holds above 200-day MA amid US-North Korea Summit
  35. GBP/USD fumbles the 1.34 handle as UK Average Earnings close in
  36. EUR/USD Technical Analysis: bulls scrambling to recover from trendline break
  37. Gold holds weaker below $1300 mark, focus shifts to Trump-Kim meeting and FOMC
  38. USD/JPY bulls looking to build on momentum beyond 110.00 mark
  39. GBP/USD a test of 1.35/1.36 remains on the cards – Commerzbank
  40. EUR futures: cautious ahead of key week
  41. USD/CAD risk reversals retrace CAD bearish bias
  42. GBP/USD Stalling out near 1.34 as Brexit talks continue to yield little progress
  43. EUR/USD: Yield differential favors bulls, but caution ahead of G7 could cap gains
  44. Gold: Break above 20-day MA remains elusive
  45. AUD/USD put premium is on the decline
  46. GBP/USD spinning in place near 1.34 as Thursday sees little impact ahead of US jobless claims
  47. EUR/USD: Upbeat Eurozone GDP would add credence to the hawkish ECB rhetoric
  48. Gold: 20-day MA is a tough nut to crack
  49. AUD/USD takes a big step upward on Aussie GDP beat
  50. USD/JPY: JPY call demand drops, signals fading prospects of deeper sell-off
  51. GBP/USD reclaims 1.34 ahead of quiet Wednesday with US Trade Balance in the pipe
  52. EUR/USD: Put premium drops sharply on ECB QE exit talk, Italy relief
  53. Gold: Flatlined at $1,292/Oz, risk reversals roll over in favor of the bears
  54. AUD/USD flatlines in Tuesday’s Asia session as China data fails to impress
  55. GBP/USD pinned to 1.33 on fresh Brexit concerns, technical correction already running out of steam
  56. EUR/USD: Break above 1.17 remains elusive, death cross on cards
  57. Gold will start to rebound in Q4 2018 – TDS
  58. GBP/USD seeking 1.34 ahead of UK’s PMI figures for Monday
  59. EUR/USD: Signs of bearish exhaustion, trade tensions and political uncertainty lingers
  60. AUD/USD sees little action after China PMI release
  61. USD/JPY moved above 109.00 even though BOJ trimmed JGB purchases
  62. GBP/USD slips away from 1.33 as markets recoil on trade war rhetoric
  63. EUR/USD: On the defensive despite the corrective rally, focus on US wage growth numbers
  64. Gold climbs back closer to 200-DMA on weaker USD
  65. AUD/USD off lows, finds support near mid-0.7500s
  66. USD/JPY trims losses, revisits 200-hour MA
  67. GBP/USD creeps back into 1.33 as risk recovery drags the GBP along for the ride
  68. When are the Eurozone flash CPIs and how could they affect EUR/USD?
  69. Gold struggles to scale $1,300 mark despite risk aversion
  70. USD/JPY trims losses, 10-year treasury yield rises by 5 basis points
  71. Japan: Industrial production likely to rise in April – Nomura
  72. EUR/USD: Market most oversold since 2015, eyes Italian yields and German CPI
  73. GBP/USD sticking to lows as the UK wraps up a long weekend
  74. EUR/USD scope for a rebound near term – Commerzbank
  75. AUD/USD Pair Extended Its Corrective Slide From Five-Week Tops
  76. USD/JPY Is Reaching Higher In Asia Trading
  77. GBP/USD Is Trading On The Bottom Heading Into The European Markets
  78. EUR/USD Created a Bearish Outside-Day Candle
  79. EUR/USD up smalls around 1.2380, US data on sight
  80. USD/CAD starting to drift from the top, falling towards 1.26
  81. GBP/USD sitting quietly at 1.42, lacking motivation ahead of UK retail sales
  82. NZD/USD: Bulls attempting another run towards 0.7350
  83. GBP/USD: Cautiously bullish, eyes UK CPI
  84. EUR/USD fighting to stay upright, 1.24 looking distant ahead of EU CPI
  85. AUD/USD: shorts exposed to positive Aussie labor data
  86. EUR/JPY trying for 133.00 as EU CPIs loom
  87. EUR/USD firmer near 1.2400 ahead of ZEW
  88. USD/JPY testing the 107.00 handle’s strength, dipping on mixed data
  89. EUR/USD on solid ground as US Y-yield curve hits fresh 10.5-year low
  90. AUD/USD continuing to drop following RBA minutes, China GDP
  91. GBP/USD keeps looking to 1.4345 – Danske Bank
  92. AUD/USD turns negative near 0.7760, eyes on US data, China GDP
  93. USD/CHF faces strong resistance near 0.9658 – Commerzbank
  94. USD/JPY weaker around 107.20, US data eyed
  95. AUD/USD freezes on China Trade Balance miss
  96. GBP/USD: Bullish outside day, eyes Brexit trade talks
  97. EUR/USD trying to hang on to 1.23 ahead of German CPI
  98. NZD/USD risk reversals: Bearish bias weakest since early February
  99. AUD/USD falls back into 0.7750 as inflation expectations, home investments fumble
  100. EUR/USD: ECB minutes could make or break the EUR
  101. GBP/USD struggling to get a grip on 1.42 ahead of Carney’s speech
  102. USD/JPY struggling to build momentum as Middle East tensions weigh
  103. EUR/USD Flirting with 1.24 Resistance
  104. Mid Day Analysis – US Dollar bounces off lows post-CPI
  105. EUR/USD Reaching For 1.24 Ahead Of Draghi’s Speech
  106. USD/JPY Defends 107.00
  107. AUD/USD Drops Into 0.7750 Ahead Of RBA Lowe Speech
  108. GBP/USD Eyes 200-Week MA Hurdle, Focus On UK Trade And Manufacturing Data
  109. EUR/JPY Peeps Above 132.00 On China Xi’s Pro Globalization Plan
  110. AUD/USD Catches A Lift
  111. USD/JPY above 107.00, S&P 500 futures rise on China President Xi’s
  112. Gbp/Usd Poised For Further Gains From 1.41 If Sentiment Holds
  113. EUR/USD Boosted by Euro Strength
  114. USD/JPY Eakes an Early Play for 107.00
  115. EUR/USD: Bull Hammer Ahead of Key Event Risks This Week
  116. NZD/USD Peeps Above 55-day MA Hurdle
  117. AUD/USD Pushing Higher But Running Out Of Momentum
  118. GBPUSD Set To Remain Well Bid
  119. USD/CAD: Options Market Sheds CAD Bearish Bias
  120. AUD/USD: Sell The Rallies On Global Trade Concerns
  121. GBP/JPY Regains Footing After Slipping, Holding Onto The 150.00 Handle
  122. GBP/USD Bracing Against The 1.40 Wall With US NFP In The Barrel
  123. USD/JPY Shoots Higher During The Trading Session On Thursday
  124. EUR/USD falls on Thursday to Find Support
  125. EUR/JPY Has Been Dead Money For Four Weeks
  126. USD/JPY is Holding Steady Near Yesterday’s High
  127. GBP/USD Looking to Lift Further
  128. EURUSD pair sunk to the lows of its range
  129. USD/JPY Pair has Recovered from Monday’s Decline and Gearing Up
  130. AUD/USD keeps gains after the RBA rate decision
  131. GBP/USD: USA and China trade wars and risk aversion could hurt Pound, Keep Eyes on UK PMI
  132. EUR/USD fighting back from 1.23 ahead of EU PMIs for Tuesday
  133. USD/JPY: Relief rally gathers pace on bullish outside day, risk-on
  134. AUD/USD drops despite relief rally in Dalian iron ore futures
  135. EUR/USD: Bulls emboldened as trade war fears abate, upside bias strengthens
  136. EUR/USD geared up for a run at 1.2400
  137. GBP/USD: Focus on stocks
  138. USD/JPY’s drop below 105.00 hasn’t boosted demand for JPY calls
  139. AUD/JPY: Downside opening up towards 78.00 this week – Barclays
  140. GBP/USD: Upside bias intact, but trade confrontations could hurt Pound
  141. AUD/USD: Bulls eye 0.7750 as Trump tariffs exempt Australia
  142. NZD/USD ticks higher on broad-based USD selling
  143. EUR/USD grinding higher amid Dollar selling, trying to maintain 1.23
  144. EUR/USD: Stretched too thin above 1.23 ahead of EU PMIs?
  145. GBP/USD: options market has retraced major chunk of bearish bias
  146. USD/CAD options market sheds CAD bearish bias
  147. AUD/USD looking for the floor ahead of US PMIs
  148. EUR/USD: Focus on Fed’s dot plot and Powell presser
  149. GBP/USD: Unemployment, earnings to pop Sterling before Fed
  150. USD/JPY: On the rise, but 30-day MA hurdle is intact
  151. AUD/USD: holding just below 0.77 ahead of Fed
  152. GBP/JPY searching to regain 149.00 ahead of UK inflation data
  153. USD/JPY: Upside move gathers traction, tests 200-hour MA
  154. EUR/USD: German ZEW to provide a leg up ahead of FOMC?
  155. NZD/JPY losing grip, falling away from 77.00
  156. EUR/USD: Focus on diverging central bank expectations ahead of Fed
  157. USD/JPY risk reversals: Recent drop in spot has revived interest in JPY calls
  158. GBP/USD trying to keep it together ahead of UK inflation
  159. NZD/USD: Bearish bias in the options market strengthens ahead of the Fed
  160. NZD/USD recovers losses amid the risk-averse mood in stocks
  161. GBP/USD looking to mount 1.40 once again
  162. EUR/USD – Key trendline hurdle intact, focus on trade war talk & Fed
  163. AUD/USD lacking motivation in quiet Asia trading
  164. AUD/JPY – Corrective rally paused at key Fibonacci level
  165. USD/JPY reports losses as S&P 500 futures drop, Kuroda talks balance sheet taper
  166. NZD/USD spikes in Asia ahead of US Retail Sales
  167. EUR/USD – Bull case strengthens, eyes Draghi speech, US retail sales data
  168. EUR/USD – Focus on US inflation and yield differential
  169. USD/JPY is back above trendline hurdle, eyes US inflation
  170. EUR/JPY: Yen beginning to shake out ahead of the US inflation figures today
  171. NZD/USD risk reversals continue retracing put bias
  172. NZD/USD extending past 0.73 handle despite waning risk appetite
  173. EUR/USD could underperform, courtesy of dovish Draghi
  174. AUD/USD should struggle to retain the 0.78 handle – Westpac
  175. USD/CAD risk reversals maintain put bias
  176. USD/JPY sees little action after BOJ maintained status quo
  177. EUR/USD – yield differential hits new high & puts gain value ahead of US wage growth data
  178. GBP/USD heads into NFP Friday trying to catch a bid from 1.38
  179. NZD/USD is mildly bid as risk sentiment improves
  180. AUD/USD fails to catch a bid on strong China trade data
  181. EUR/USD – Bulls in control ahead of the ECB
  182. GBP/USD running out of steam trying for more above 1.39
  183. NZD/USD trying for 0.73 in Asia trading, but headwinds remain strong
  184. NZD/USD – resilient to risk-off in early Asia, yield differential rises in NZD-postive manner
  185. EUR/USD clocks two-week high, options regain bull bias
  186. GBP/USD looking to reclaim 1.39 handle in London session
  187. AUD/USD back up to 0.7800 in Asia session rebound
  188. GBP/USD inching towards 1.39, BOE’s Haldane to set the tone later
  189. EUR/JPY risk reversals show drop in value of bearish bets
  190. USD/JPY finds acceptance above 1H 100MA, focus on stocks
  191. AUD/NZD continues to consolidate on the heels of RBA rate hold
  192. NZD/USD sags as Caixin PMI slips, NZ Treasury highlights spare capacity
  193. EUR/USD bearish bets lose value despite prospects of hung parliament in Italy
  194. GBP/USD looks weaker than ever ahead of UK services PMI release
  195. USD/JPY erases gains as trade war fears weigh on risk sentiment
  196. AUD/JPY is mildly bid, but could register a 6th straight weekly loss
  197. AUD/USD revisits 100-day MA hurdle, is it a bull trap?
  198. USD/JPY’s decline from 107.68 to 106.00 has revived JPY call bias
  199. NZD/USD re-attempts 0.7200 post-upbeat China PMI
  200. USD/JPY – Downside bias strengthens ahead of Powell Round 2
  201. EUR/USD double top bearish reversal confirmed ahead of Powell’s Senate appearance
  202. GBP/USD: Further downside in play ahead of UK manufacturing PMI?
  203. AUD/JPY stumbles to 83.50 on China PMI miss
  204. NZD/USD – Off 19-day low, is a corrective rally on the cards?
  205. GBP/USD hoping to hold onto 1.39 ahead of EU CPI, US GDP
  206. EUR/USD risks double top bearish reversal on widening mon pol divergence
  207. USD/JPY flirts with 107.00 handle, risk reversals shed JPY call bias
  208. AUD/USD risk reversals retrace downside bias
  209. GBP/USD: 1.40 in reach as Powell testimony looms
  210. EUR/USD in consolidation mode, eyes German CPI & Powell testimony
  211. NZD/USD claims the 0.73 handle in Tokyo
  212. AUD/JPY revisits 1H 50MA on Yen demand, Kuroda loses his mojo
  213. EUR/USD – Focus on Italy-German yield spread and Powell testimony
  214. GBPUSD looks to extend gains above 1.4000, Fed’s Powell eyed
  215. AUD/USD – Yield spread drops in the AUD-negative manner
  216. NZD/USD turns lower despite NZ retail sales beat, approaching 0.73
  217. EUR/USD – Monetary pol divergence favors deeper correction
  218. GBP/JPY consolidating on the low side heading into Europe markets
  219. USD/JPY drops below 1H 200-MA on rising yield-led risk aversion
  220. EUR/USD – Down 2% from recent highs, but long-run bull outlook intact
  221. AUD/USD finds no love as yield spread turns negative
  222. GBP/USD drooping under the weight of Brexit fears ahead of UK GDP figures
  223. AUD/USD falls back down following construction data disappointment
  224. USD/JPY rally gathers traction on higher yields
  225. EUR/USD – Short-term bear reversal sighted ahead of EZ PMIs
  226. GBP/USD staying afloat ahead of unemployment, earnings data
  227. AUD/USD finds bids sub-0.7900, RBA minutes, firmer DXY still weigh
  228. GBP/USD: Bears target 1.3900, Brexit jitters back in play?
  229. EUR/USD slinking towards 1.23 ahead of SPD vote, EU ZEW figures
  230. USD/JPY grinding towards 107.00 handle on Dollar boost, Trump tweets
  231. USD/JPY – stuck in a 40-pips range
  232. AUD/USD risk reversals retrace bearish bias
  233. GBP/USD: Lack of EU-Brexit deal could threaten Sterling bull run
  234. GBP/JPY looking to claim the 149.30 handle in Tokyo market
  235. AUD/USD bidding higher in Asia trading, pushing into 0.7955
  236. EUR/USD clocks fresh 3-year high in Asia
  237. GBP/USD looks to continue run to 1.4344, eyes on UK retail sales
  238. USD/JPY headed to 105.50, stops triggered on a breach of 106.00
  239. USD/JPY – Aso’s comments kill the technical recovery
  240. NZD/USD jumps to two-week highs near 0.74
  241. GBP/USD – Bullish outside day, focus on the Yen
  242. EUR/USD: Continuing next leg up, looking for 1.2535
  243. NZD/USD takes a ride on a strong bid following an upside beat to inflation expectations
  244. USD/JPY drops in tandem with Nikkei, weakest since Nov 2016
  245. EUR/USD catches fresh bids on notable USD supply, nears 1.2400
  246. GBP/USD pushing up ahead of EU GDP release, looking for 1.3980
  247. GBP/JPY lacking direction, UK CPI data on the docket for today
  248. NZD/USD flatlined despite golden cross as investors await inflation figures
  249. EUR/USD trying to break resistance to challenge 1.2350
  250. GBP/USD – Inside day at 61.8% Fib, eyes UK CPI
  251. GBP/USD poised to continue bull-run after declining into long-term support
  252. EUR/USD: Euro still has some room to rally – SG
  253. USD/JPY trims early losses as S&P 500 futures inch higher
  254. NZD/USD creeping higher in thin markets on data beat, low volumes
  255. AUD/USD risk reversals – Demand for puts continues to rise
  256. GBP/USD – Focus on UK manufacturing and trade data
  257. EUR/USD still cautious in risk-averse environment, trying to slow decline
  258. NZD/USD risk reversals – Bearish bets rise
  259. AUD/USD is not impressed by a rise in China’s iron ore imports
  260. EUR/USD looking for a foothold ahead of German trade data, UK Super Thursday
  261. USD/JPY – Upside capped by drop in S&P 500 futures
  262. EUR/GBP taking a breather before European markets, UK shakeup
  263. NZD/USD drifting in Tokyo after jobs data beat, trading near 0.7330
  264. GBP/USD – Off 3-week low, but not out of the woods yet
  265. USD/JPY falls back to 4H 50-MA as S&P 500 futures drop 0.6%
  266. EUR/USD straining for a bullish continuation, 1.2500 still within grasp
  267. AUD/USD hits fresh 3.5 week low on dismal Aussie data
  268. USD/JPY feels the gravitational pull, hits 5-day low as S&P 500 futures drop 1.7%
  269. EUR/JPY gives up in Tokyo trading, breaks down below 134.50
  270. EUR/USD – Put bias strengthens, focus on EUR/JPY
  271. AUD/JPY – Range trading continues
  272. USD/JPY rises to 109.40, eyes break above post-Fed highs
  273. GBP/USD – Neutral bias in options market ahead of UK Mfg. PMI
  274. EUR/USD headed back to 1.2450, EZ PMIs in the pipe
  275. NZD/USD off 0.7365 session highs following Chinese PMI disappointment
  276. AUD/USD hit fresh session low, tests 1-hr 200-MA
  277. GBP/USD – Risk reversals adopt a bearish bias despite bullish outside day
  278. EUR/USD continues gains, looking to 1.2500 ahead of EZ CPI
  279. GBP/USD – low odds of further near-term GBP gains?
  280. USD/JPY rises above 109.00 as 10-yr UST yield clocks fresh 45-month high
  281. EUR/USD: 1.2400 still on sight ahead EZ GDP, German CPI?
  282. AUD/USD sold-off into USD demand, still within range near 0.8080
  283. NZD/USD – Corrective move on cards?
  284. AUD/USD headed back to 0.8060 support on USD rebound?
  285. EUR/USD – Call demand drops, rally done for now?
  286. USD/JPY risk reversals hit 3.5 month low, yield spread nears 8-year high
  287. USD/JPY back in no man’s land after a turbulent NY session
  288. AUD/USD defends 0.80 in Asia, but is short-term top in place?
  289. EUR/JPY – Germany-Japan yield differential favors a bullish move
  290. GBP/USD – Focus on growth differential
  291. AUD/USD rallies hard to test 0.8100 on aggressive USD selling
  292. USD/JPY risk reversals drop to lowest since Oct. 17
  293. NZD/USD ignores bearish pinbar, regains poise as USD weakness persists
  294. GBP/USD: Bulls unstoppable, 1.4300 tested
  295. GBP/USD rises above 1.40 for the first since post-Brexit vote
  296. EUR/USD: 1.2275 – a tough nut to crack ahead of German ZEW?
  297. AUD/USD revisits sub-0.80 levels
  298. USD/JPY drops 30 pips after BOJ keeps rates and price outlook unchanged
  299. USD/JPY: bearish below 100-D SMA ahead of BoJ this week
  300. AUD/USD: probing 0.80 last week – Westpac
  301. EUR/USD: US government shut down, ECB, where now from here?
  302. NZD/USD – Meaningful correction ahead?
  303. NZD/USD stuck at 0.73 for a fifth consecutive session
  304. GBP/USD: Will it regain 1.3950 on UK retail sales?
  305. EUR/USD – Uptrend on hold amid rising T-yields
  306. USD/JPY struggles to keep 111 handle, despite higher T-yields
  307. AUD/JPY – Offered above key Fib, turns negative after Aussie jobs data
  308. USD/JPY – Recovery stalls at 38.2% Fib hurdle, yield differential at 1-month high
  309. EUR/USD: Will buyers regain control above 1.2200?
  310. GBP/USD – Rising risk reversals contradict widening 10Y US-UK yield spread
  311. GBP/USD rejected at 1.3835, surrenders 1.3800
  312. EUR/USD fades spike to 3-year high after inside day doji candle
  313. USD/JPY – Risk reversals hit 8-week low
  314. USD/JPY: Buy the dips – Deutsche Securities
  315. NZD/USD on a corrective slide near 0.7300 ahead of NZ GDT
  316. EUR/JPY peeps above 136.00, yield differential supports gains
  317. GBP/USD – Risk reversals rise, but resistance at 1.3836 could hold on Brexit concerns
  318. EUR/USD: Volatile within range sub-1.2300 ahead of German data
  319. GBP/USD – 1.39 on the cards?
  320. EUR/USD in bullish consolidation near 1.2200 ahead of EZ data
  321. USD/JPY hits 4-month low, correlation with T-yields breaks down?
  322. NZD/USD on its way to 0.7300, highest since Sept 2017
  323. AUD/JPY ended a three-day losing streak, defends 23.6% Fib
  324. EUR/USD clocks 7-day high above 1.2060
  325. EUR/USD – Risk reversals hit 10-day high
  326. NZD/USD supported at 0.7250 on better China trade
  327. Online Trading
  328. EUR/USD headed back to 1.2000 ahead of EZ data, ECB minutes?
  329. GBP/JPY defends key support, risk reversals hit one-month low
  330. GBP/USD – Yield spread may rise in a GBP-negative manner on Brexit fears
  331. USD/JPY: Yen slips as BOJ JGBs buying steadies, eyes 200-DMA
  332. NZD/USD: Recovery mode intact post-China prices
  333. EUR/JPY has a quick look at sub-134.00 levels
  334. EUR/USD – 10Y US-German spread widens, bearish chart posture
  335. USD/JPY hits fresh 5-day lows near 112.20, what’s’ next?
  336. USD/JPY: downside open to 112.10?
  337. AUD/USD cheers Aus building approvals a huge beat, nears 0.7875
  338. USD/JPY erodes 70-pips rapidly to test 112.50 as BoJ’s trims JGBs
  339. EUR/USD: Corrective slide to resume below 1.1950?
  340. AUD/USD bulls committed towards 0.79 with bullish technicals
  341. NZD/USD headed back towards 0.7200 on notable USD supply
  342. EUR/USD: Will it regain 1.2050 ahead of EZ Sentix?
  343. GBP/USD looks to test 1.3550, Brexit jitters back in play?
  344. USD/JPY encounters solid offers near 113.00 ahead of US NFP
  345. AUD/USD sees setback on downbeat Australian trade figures
  346. GBP/USD: Further upside still in play ahead of US NFP?
  347. EUR/USD: Bullish consolidation to extend ahead of EZ CPI
  348. GBP/USD: Recovery to gain traction above 1.3530, awaits UK PMI
  349. AUD/USD holds steady above 0.78, undeterred by Fed minutes
Jun 20, 2018
  1. Gold risk reversal bias favors put options
  2. USD/CAD trades near yearly highs above mid-1.32s as WTI stays below $65
  3. AUD/USD holds below 0.74, put bias strongest in 4 months
  4. USD/JPY back in play near 110.00 after recovering from Tuesday’s dip
  5. GBP/USD continues to drip towards 1.30 with a quiet day ahead
  6. EUR/USD could find bids on increased odds of treasury yield curve inversion
  7. Gold Technical Analysis: Bull trap
  8. AUD/USD clocks session high as RBA minutes sound more upbeat on growth
  9. USD/JPY dips below 110, looks south on escalating US-China trade war
  10. GBP/USD: Put bias strongest since May 31 By Omkar Godbole
  11. EUR/USD: Puts in demand ahead of Draghi’s speech
  12. Gold fell to lowest level since Dec. 26, calls lose value
  13. AUD/USD testing new lows, 0.7400 remains in sight
  14. USD/JPY digs into 110.50 on surprise Japan trade balance
  15. GBP/USD lacking the momentum to recover to 1.34
  16. Trade and political concerns are back in fashion
  17. Gold: Above $1,300, but bull breakout remains elusive
  18. AUD/USD hit one-month low after bear flag breakdown
  19. Forex Today: BOJ drifts further from its peers, Yen on the defensive
  20. GBP/USD looking for a foothold from 1.3250 following Thursday’s bearish overture
  21. EUR/USD faces worst weekly loss since November 2016, creates bearish outside-week candle
  22. Gold is teasing bull breakout after bullish outside-day candle
  23. AUD/USD targeting post-FOMC lows at 0.7530 on bad Australian and China data
  24. USD/JPY falls back to 200-day MA support despite hawkish Fed
  25. GBP/USD trying to grind its way back to 1.34 ahead of Thursday’s UK and US Retail Sales double-header
  26. EUR/USD is mildly bid despite hawkish Fed, Eyes ECB
  27. Gold Technical Analysis: Bearish continuation pattern sighted
  28. AUD/USD hit 12-day low on dovish RBA Lowe’s comments
  29. USD/JPY: well based above the 200-D SMA, the quiet before the FOMC storm
  30. GBP/USD stumbles back from 1.34 once again as bullish momentum evaporates
  31. EUR/USD: Put value hits 13-day high ahead of Fed and ECB event
  32. Gold continues to struggle with $1,300 as key barrier holds action in place
  33. AUD/USD gets a lift from an uptick in AUD/JPY, weak NAB data ignored
  34. USD/JPY trims gains, but holds above 200-day MA amid US-North Korea Summit
  35. GBP/USD fumbles the 1.34 handle as UK Average Earnings close in
  36. EUR/USD Technical Analysis: bulls scrambling to recover from trendline break
  37. Gold holds weaker below $1300 mark, focus shifts to Trump-Kim meeting and FOMC
  38. USD/JPY bulls looking to build on momentum beyond 110.00 mark
  39. GBP/USD a test of 1.35/1.36 remains on the cards – Commerzbank
  40. EUR futures: cautious ahead of key week
  41. USD/CAD risk reversals retrace CAD bearish bias
  42. GBP/USD Stalling out near 1.34 as Brexit talks continue to yield little progress
  43. EUR/USD: Yield differential favors bulls, but caution ahead of G7 could cap gains
  44. Gold: Break above 20-day MA remains elusive
  45. AUD/USD put premium is on the decline
  46. GBP/USD spinning in place near 1.34 as Thursday sees little impact ahead of US jobless claims
  47. EUR/USD: Upbeat Eurozone GDP would add credence to the hawkish ECB rhetoric
  48. Gold: 20-day MA is a tough nut to crack
  49. AUD/USD takes a big step upward on Aussie GDP beat
  50. USD/JPY: JPY call demand drops, signals fading prospects of deeper sell-off
  51. GBP/USD reclaims 1.34 ahead of quiet Wednesday with US Trade Balance in the pipe
  52. EUR/USD: Put premium drops sharply on ECB QE exit talk, Italy relief
  53. Gold: Flatlined at $1,292/Oz, risk reversals roll over in favor of the bears
  54. AUD/USD flatlines in Tuesday’s Asia session as China data fails to impress
  55. GBP/USD pinned to 1.33 on fresh Brexit concerns, technical correction already running out of steam
  56. EUR/USD: Break above 1.17 remains elusive, death cross on cards
  57. Gold will start to rebound in Q4 2018 – TDS
  58. GBP/USD seeking 1.34 ahead of UK’s PMI figures for Monday
  59. EUR/USD: Signs of bearish exhaustion, trade tensions and political uncertainty lingers
  60. AUD/USD sees little action after China PMI release
  61. USD/JPY moved above 109.00 even though BOJ trimmed JGB purchases
  62. GBP/USD slips away from 1.33 as markets recoil on trade war rhetoric
  63. EUR/USD: On the defensive despite the corrective rally, focus on US wage growth numbers
  64. Gold climbs back closer to 200-DMA on weaker USD
  65. AUD/USD off lows, finds support near mid-0.7500s
  66. USD/JPY trims losses, revisits 200-hour MA
  67. GBP/USD creeps back into 1.33 as risk recovery drags the GBP along for the ride
  68. When are the Eurozone flash CPIs and how could they affect EUR/USD?
  69. Gold struggles to scale $1,300 mark despite risk aversion
  70. USD/JPY trims losses, 10-year treasury yield rises by 5 basis points
  71. Japan: Industrial production likely to rise in April – Nomura
  72. EUR/USD: Market most oversold since 2015, eyes Italian yields and German CPI
  73. GBP/USD sticking to lows as the UK wraps up a long weekend
  74. EUR/USD scope for a rebound near term – Commerzbank
  75. AUD/USD Pair Extended Its Corrective Slide From Five-Week Tops
  76. USD/JPY Is Reaching Higher In Asia Trading
  77. GBP/USD Is Trading On The Bottom Heading Into The European Markets
  78. EUR/USD Created a Bearish Outside-Day Candle
  79. EUR/USD up smalls around 1.2380, US data on sight
  80. USD/CAD starting to drift from the top, falling towards 1.26
  81. GBP/USD sitting quietly at 1.42, lacking motivation ahead of UK retail sales
  82. NZD/USD: Bulls attempting another run towards 0.7350
  83. GBP/USD: Cautiously bullish, eyes UK CPI
  84. EUR/USD fighting to stay upright, 1.24 looking distant ahead of EU CPI
  85. AUD/USD: shorts exposed to positive Aussie labor data
  86. EUR/JPY trying for 133.00 as EU CPIs loom
  87. EUR/USD firmer near 1.2400 ahead of ZEW
  88. USD/JPY testing the 107.00 handle’s strength, dipping on mixed data
  89. EUR/USD on solid ground as US Y-yield curve hits fresh 10.5-year low
  90. AUD/USD continuing to drop following RBA minutes, China GDP
  91. GBP/USD keeps looking to 1.4345 – Danske Bank
  92. AUD/USD turns negative near 0.7760, eyes on US data, China GDP
  93. USD/CHF faces strong resistance near 0.9658 – Commerzbank
  94. USD/JPY weaker around 107.20, US data eyed
  95. AUD/USD freezes on China Trade Balance miss
  96. GBP/USD: Bullish outside day, eyes Brexit trade talks
  97. EUR/USD trying to hang on to 1.23 ahead of German CPI
  98. NZD/USD risk reversals: Bearish bias weakest since early February
  99. AUD/USD falls back into 0.7750 as inflation expectations, home investments fumble
  100. EUR/USD: ECB minutes could make or break the EUR
  101. GBP/USD struggling to get a grip on 1.42 ahead of Carney’s speech
  102. USD/JPY struggling to build momentum as Middle East tensions weigh
  103. EUR/USD Flirting with 1.24 Resistance
  104. Mid Day Analysis – US Dollar bounces off lows post-CPI
  105. EUR/USD Reaching For 1.24 Ahead Of Draghi’s Speech
  106. USD/JPY Defends 107.00
  107. AUD/USD Drops Into 0.7750 Ahead Of RBA Lowe Speech
  108. GBP/USD Eyes 200-Week MA Hurdle, Focus On UK Trade And Manufacturing Data
  109. EUR/JPY Peeps Above 132.00 On China Xi’s Pro Globalization Plan
  110. AUD/USD Catches A Lift
  111. USD/JPY above 107.00, S&P 500 futures rise on China President Xi’s
  112. Gbp/Usd Poised For Further Gains From 1.41 If Sentiment Holds
  113. EUR/USD Boosted by Euro Strength
  114. USD/JPY Eakes an Early Play for 107.00
  115. EUR/USD: Bull Hammer Ahead of Key Event Risks This Week
  116. NZD/USD Peeps Above 55-day MA Hurdle
  117. AUD/USD Pushing Higher But Running Out Of Momentum
  118. GBPUSD Set To Remain Well Bid
  119. USD/CAD: Options Market Sheds CAD Bearish Bias
  120. AUD/USD: Sell The Rallies On Global Trade Concerns
  121. GBP/JPY Regains Footing After Slipping, Holding Onto The 150.00 Handle
  122. GBP/USD Bracing Against The 1.40 Wall With US NFP In The Barrel
  123. USD/JPY Shoots Higher During The Trading Session On Thursday
  124. EUR/USD falls on Thursday to Find Support
  125. EUR/JPY Has Been Dead Money For Four Weeks
  126. USD/JPY is Holding Steady Near Yesterday’s High
  127. GBP/USD Looking to Lift Further
  128. EURUSD pair sunk to the lows of its range
  129. USD/JPY Pair has Recovered from Monday’s Decline and Gearing Up
  130. AUD/USD keeps gains after the RBA rate decision
  131. GBP/USD: USA and China trade wars and risk aversion could hurt Pound, Keep Eyes on UK PMI
  132. EUR/USD fighting back from 1.23 ahead of EU PMIs for Tuesday
  133. USD/JPY: Relief rally gathers pace on bullish outside day, risk-on
  134. AUD/USD drops despite relief rally in Dalian iron ore futures
  135. EUR/USD: Bulls emboldened as trade war fears abate, upside bias strengthens
  136. EUR/USD geared up for a run at 1.2400
  137. GBP/USD: Focus on stocks
  138. USD/JPY’s drop below 105.00 hasn’t boosted demand for JPY calls
  139. AUD/JPY: Downside opening up towards 78.00 this week – Barclays
  140. GBP/USD: Upside bias intact, but trade confrontations could hurt Pound
  141. AUD/USD: Bulls eye 0.7750 as Trump tariffs exempt Australia
  142. NZD/USD ticks higher on broad-based USD selling
  143. EUR/USD grinding higher amid Dollar selling, trying to maintain 1.23
  144. EUR/USD: Stretched too thin above 1.23 ahead of EU PMIs?
  145. GBP/USD: options market has retraced major chunk of bearish bias
  146. USD/CAD options market sheds CAD bearish bias
  147. AUD/USD looking for the floor ahead of US PMIs
  148. EUR/USD: Focus on Fed’s dot plot and Powell presser
  149. GBP/USD: Unemployment, earnings to pop Sterling before Fed
  150. USD/JPY: On the rise, but 30-day MA hurdle is intact
  151. AUD/USD: holding just below 0.77 ahead of Fed
  152. GBP/JPY searching to regain 149.00 ahead of UK inflation data
  153. USD/JPY: Upside move gathers traction, tests 200-hour MA
  154. EUR/USD: German ZEW to provide a leg up ahead of FOMC?
  155. NZD/JPY losing grip, falling away from 77.00
  156. EUR/USD: Focus on diverging central bank expectations ahead of Fed
  157. USD/JPY risk reversals: Recent drop in spot has revived interest in JPY calls
  158. GBP/USD trying to keep it together ahead of UK inflation
  159. NZD/USD: Bearish bias in the options market strengthens ahead of the Fed
  160. NZD/USD recovers losses amid the risk-averse mood in stocks
  161. GBP/USD looking to mount 1.40 once again
  162. EUR/USD – Key trendline hurdle intact, focus on trade war talk & Fed
  163. AUD/USD lacking motivation in quiet Asia trading
  164. AUD/JPY – Corrective rally paused at key Fibonacci level
  165. USD/JPY reports losses as S&P 500 futures drop, Kuroda talks balance sheet taper
  166. NZD/USD spikes in Asia ahead of US Retail Sales
  167. EUR/USD – Bull case strengthens, eyes Draghi speech, US retail sales data
  168. EUR/USD – Focus on US inflation and yield differential
  169. USD/JPY is back above trendline hurdle, eyes US inflation
  170. EUR/JPY: Yen beginning to shake out ahead of the US inflation figures today
  171. NZD/USD risk reversals continue retracing put bias
  172. NZD/USD extending past 0.73 handle despite waning risk appetite
  173. EUR/USD could underperform, courtesy of dovish Draghi
  174. AUD/USD should struggle to retain the 0.78 handle – Westpac
  175. USD/CAD risk reversals maintain put bias
  176. USD/JPY sees little action after BOJ maintained status quo
  177. EUR/USD – yield differential hits new high & puts gain value ahead of US wage growth data
  178. GBP/USD heads into NFP Friday trying to catch a bid from 1.38
  179. NZD/USD is mildly bid as risk sentiment improves
  180. AUD/USD fails to catch a bid on strong China trade data
  181. EUR/USD – Bulls in control ahead of the ECB
  182. GBP/USD running out of steam trying for more above 1.39
  183. NZD/USD trying for 0.73 in Asia trading, but headwinds remain strong
  184. NZD/USD – resilient to risk-off in early Asia, yield differential rises in NZD-postive manner
  185. EUR/USD clocks two-week high, options regain bull bias
  186. GBP/USD looking to reclaim 1.39 handle in London session
  187. AUD/USD back up to 0.7800 in Asia session rebound
  188. GBP/USD inching towards 1.39, BOE’s Haldane to set the tone later
  189. EUR/JPY risk reversals show drop in value of bearish bets
  190. USD/JPY finds acceptance above 1H 100MA, focus on stocks
  191. AUD/NZD continues to consolidate on the heels of RBA rate hold
  192. NZD/USD sags as Caixin PMI slips, NZ Treasury highlights spare capacity
  193. EUR/USD bearish bets lose value despite prospects of hung parliament in Italy
  194. GBP/USD looks weaker than ever ahead of UK services PMI release
  195. USD/JPY erases gains as trade war fears weigh on risk sentiment
  196. AUD/JPY is mildly bid, but could register a 6th straight weekly loss
  197. AUD/USD revisits 100-day MA hurdle, is it a bull trap?
  198. USD/JPY’s decline from 107.68 to 106.00 has revived JPY call bias
  199. NZD/USD re-attempts 0.7200 post-upbeat China PMI
  200. USD/JPY – Downside bias strengthens ahead of Powell Round 2
  201. EUR/USD double top bearish reversal confirmed ahead of Powell’s Senate appearance
  202. GBP/USD: Further downside in play ahead of UK manufacturing PMI?
  203. AUD/JPY stumbles to 83.50 on China PMI miss
  204. NZD/USD – Off 19-day low, is a corrective rally on the cards?
  205. GBP/USD hoping to hold onto 1.39 ahead of EU CPI, US GDP
  206. EUR/USD risks double top bearish reversal on widening mon pol divergence
  207. USD/JPY flirts with 107.00 handle, risk reversals shed JPY call bias
  208. AUD/USD risk reversals retrace downside bias
  209. GBP/USD: 1.40 in reach as Powell testimony looms
  210. EUR/USD in consolidation mode, eyes German CPI & Powell testimony
  211. NZD/USD claims the 0.73 handle in Tokyo
  212. AUD/JPY revisits 1H 50MA on Yen demand, Kuroda loses his mojo
  213. EUR/USD – Focus on Italy-German yield spread and Powell testimony
  214. GBPUSD looks to extend gains above 1.4000, Fed’s Powell eyed
  215. AUD/USD – Yield spread drops in the AUD-negative manner
  216. NZD/USD turns lower despite NZ retail sales beat, approaching 0.73
  217. EUR/USD – Monetary pol divergence favors deeper correction
  218. GBP/JPY consolidating on the low side heading into Europe markets
  219. USD/JPY drops below 1H 200-MA on rising yield-led risk aversion
  220. EUR/USD – Down 2% from recent highs, but long-run bull outlook intact
  221. AUD/USD finds no love as yield spread turns negative
  222. GBP/USD drooping under the weight of Brexit fears ahead of UK GDP figures
  223. AUD/USD falls back down following construction data disappointment
  224. USD/JPY rally gathers traction on higher yields
  225. EUR/USD – Short-term bear reversal sighted ahead of EZ PMIs
  226. GBP/USD staying afloat ahead of unemployment, earnings data
  227. AUD/USD finds bids sub-0.7900, RBA minutes, firmer DXY still weigh
  228. GBP/USD: Bears target 1.3900, Brexit jitters back in play?
  229. EUR/USD slinking towards 1.23 ahead of SPD vote, EU ZEW figures
  230. USD/JPY grinding towards 107.00 handle on Dollar boost, Trump tweets
  231. USD/JPY – stuck in a 40-pips range
  232. AUD/USD risk reversals retrace bearish bias
  233. GBP/USD: Lack of EU-Brexit deal could threaten Sterling bull run
  234. GBP/JPY looking to claim the 149.30 handle in Tokyo market
  235. AUD/USD bidding higher in Asia trading, pushing into 0.7955
  236. EUR/USD clocks fresh 3-year high in Asia
  237. GBP/USD looks to continue run to 1.4344, eyes on UK retail sales
  238. USD/JPY headed to 105.50, stops triggered on a breach of 106.00
  239. USD/JPY – Aso’s comments kill the technical recovery
  240. NZD/USD jumps to two-week highs near 0.74
  241. GBP/USD – Bullish outside day, focus on the Yen
  242. EUR/USD: Continuing next leg up, looking for 1.2535
  243. NZD/USD takes a ride on a strong bid following an upside beat to inflation expectations
  244. USD/JPY drops in tandem with Nikkei, weakest since Nov 2016
  245. EUR/USD catches fresh bids on notable USD supply, nears 1.2400
  246. GBP/USD pushing up ahead of EU GDP release, looking for 1.3980
  247. GBP/JPY lacking direction, UK CPI data on the docket for today
  248. NZD/USD flatlined despite golden cross as investors await inflation figures
  249. EUR/USD trying to break resistance to challenge 1.2350
  250. GBP/USD – Inside day at 61.8% Fib, eyes UK CPI
  251. GBP/USD poised to continue bull-run after declining into long-term support
  252. EUR/USD: Euro still has some room to rally – SG
  253. USD/JPY trims early losses as S&P 500 futures inch higher
  254. NZD/USD creeping higher in thin markets on data beat, low volumes
  255. AUD/USD risk reversals – Demand for puts continues to rise
  256. GBP/USD – Focus on UK manufacturing and trade data
  257. EUR/USD still cautious in risk-averse environment, trying to slow decline
  258. NZD/USD risk reversals – Bearish bets rise
  259. AUD/USD is not impressed by a rise in China’s iron ore imports
  260. EUR/USD looking for a foothold ahead of German trade data, UK Super Thursday
  261. USD/JPY – Upside capped by drop in S&P 500 futures
  262. EUR/GBP taking a breather before European markets, UK shakeup
  263. NZD/USD drifting in Tokyo after jobs data beat, trading near 0.7330
  264. GBP/USD – Off 3-week low, but not out of the woods yet
  265. USD/JPY falls back to 4H 50-MA as S&P 500 futures drop 0.6%
  266. EUR/USD straining for a bullish continuation, 1.2500 still within grasp
  267. AUD/USD hits fresh 3.5 week low on dismal Aussie data
  268. USD/JPY feels the gravitational pull, hits 5-day low as S&P 500 futures drop 1.7%
  269. EUR/JPY gives up in Tokyo trading, breaks down below 134.50
  270. EUR/USD – Put bias strengthens, focus on EUR/JPY
  271. AUD/JPY – Range trading continues
  272. USD/JPY rises to 109.40, eyes break above post-Fed highs
  273. GBP/USD – Neutral bias in options market ahead of UK Mfg. PMI
  274. EUR/USD headed back to 1.2450, EZ PMIs in the pipe
  275. NZD/USD off 0.7365 session highs following Chinese PMI disappointment
  276. AUD/USD hit fresh session low, tests 1-hr 200-MA
  277. GBP/USD – Risk reversals adopt a bearish bias despite bullish outside day
  278. EUR/USD continues gains, looking to 1.2500 ahead of EZ CPI
  279. GBP/USD – low odds of further near-term GBP gains?
  280. USD/JPY rises above 109.00 as 10-yr UST yield clocks fresh 45-month high
  281. EUR/USD: 1.2400 still on sight ahead EZ GDP, German CPI?
  282. AUD/USD sold-off into USD demand, still within range near 0.8080
  283. NZD/USD – Corrective move on cards?
  284. AUD/USD headed back to 0.8060 support on USD rebound?
  285. EUR/USD – Call demand drops, rally done for now?
  286. USD/JPY risk reversals hit 3.5 month low, yield spread nears 8-year high
  287. USD/JPY back in no man’s land after a turbulent NY session
  288. AUD/USD defends 0.80 in Asia, but is short-term top in place?
  289. EUR/JPY – Germany-Japan yield differential favors a bullish move
  290. GBP/USD – Focus on growth differential
  291. AUD/USD rallies hard to test 0.8100 on aggressive USD selling
  292. USD/JPY risk reversals drop to lowest since Oct. 17
  293. NZD/USD ignores bearish pinbar, regains poise as USD weakness persists
  294. GBP/USD: Bulls unstoppable, 1.4300 tested
  295. GBP/USD rises above 1.40 for the first since post-Brexit vote
  296. EUR/USD: 1.2275 – a tough nut to crack ahead of German ZEW?
  297. AUD/USD revisits sub-0.80 levels
  298. USD/JPY drops 30 pips after BOJ keeps rates and price outlook unchanged
  299. USD/JPY: bearish below 100-D SMA ahead of BoJ this week
  300. AUD/USD: probing 0.80 last week – Westpac
  301. EUR/USD: US government shut down, ECB, where now from here?
  302. NZD/USD – Meaningful correction ahead?
  303. NZD/USD stuck at 0.73 for a fifth consecutive session
  304. GBP/USD: Will it regain 1.3950 on UK retail sales?
  305. EUR/USD – Uptrend on hold amid rising T-yields
  306. USD/JPY struggles to keep 111 handle, despite higher T-yields
  307. AUD/JPY – Offered above key Fib, turns negative after Aussie jobs data
  308. USD/JPY – Recovery stalls at 38.2% Fib hurdle, yield differential at 1-month high
  309. EUR/USD: Will buyers regain control above 1.2200?
  310. GBP/USD – Rising risk reversals contradict widening 10Y US-UK yield spread
  311. GBP/USD rejected at 1.3835, surrenders 1.3800
  312. EUR/USD fades spike to 3-year high after inside day doji candle
  313. USD/JPY – Risk reversals hit 8-week low
  314. USD/JPY: Buy the dips – Deutsche Securities
  315. NZD/USD on a corrective slide near 0.7300 ahead of NZ GDT
  316. EUR/JPY peeps above 136.00, yield differential supports gains
  317. GBP/USD – Risk reversals rise, but resistance at 1.3836 could hold on Brexit concerns
  318. EUR/USD: Volatile within range sub-1.2300 ahead of German data
  319. GBP/USD – 1.39 on the cards?
  320. EUR/USD in bullish consolidation near 1.2200 ahead of EZ data
  321. USD/JPY hits 4-month low, correlation with T-yields breaks down?
  322. NZD/USD on its way to 0.7300, highest since Sept 2017
  323. AUD/JPY ended a three-day losing streak, defends 23.6% Fib
  324. EUR/USD clocks 7-day high above 1.2060
  325. EUR/USD – Risk reversals hit 10-day high
  326. NZD/USD supported at 0.7250 on better China trade
  327. Online Trading
  328. EUR/USD headed back to 1.2000 ahead of EZ data, ECB minutes?
  329. GBP/JPY defends key support, risk reversals hit one-month low
  330. GBP/USD – Yield spread may rise in a GBP-negative manner on Brexit fears
  331. USD/JPY: Yen slips as BOJ JGBs buying steadies, eyes 200-DMA
  332. NZD/USD: Recovery mode intact post-China prices
  333. EUR/JPY has a quick look at sub-134.00 levels
  334. EUR/USD – 10Y US-German spread widens, bearish chart posture
  335. USD/JPY hits fresh 5-day lows near 112.20, what’s’ next?
  336. USD/JPY: downside open to 112.10?
  337. AUD/USD cheers Aus building approvals a huge beat, nears 0.7875
  338. USD/JPY erodes 70-pips rapidly to test 112.50 as BoJ’s trims JGBs
  339. EUR/USD: Corrective slide to resume below 1.1950?
  340. AUD/USD bulls committed towards 0.79 with bullish technicals
  341. NZD/USD headed back towards 0.7200 on notable USD supply
  342. EUR/USD: Will it regain 1.2050 ahead of EZ Sentix?
  343. GBP/USD looks to test 1.3550, Brexit jitters back in play?
  344. USD/JPY encounters solid offers near 113.00 ahead of US NFP
  345. AUD/USD sees setback on downbeat Australian trade figures
  346. GBP/USD: Further upside still in play ahead of US NFP?
  347. EUR/USD: Bullish consolidation to extend ahead of EZ CPI
  348. GBP/USD: Recovery to gain traction above 1.3530, awaits UK PMI
  349. AUD/USD holds steady above 0.78, undeterred by Fed minutes
AUD/USD should struggle to retain the 0.78 handle – Westpac

Sean Callow, Research Analyst at Westpac, notes that AUD outperformed last week thanks to improved global risk sentiment, both around North Korea and the US employment report. But if Australia’s key commodity prices continue to weaken, AUD/USD should struggle to retain the 0.78 handle in the week ahead, he further adds.

Key Quotes

“The ‘dollar bloc’ currencies – AUD, NZD and CAD – have outperformed over the past week, rising about 1%. Australia of course had a very busy calendar, including the RBA meeting, a speech by Governor Lowe, Australian data on GDP, retail sales, trade balance and building approvals. Yet the sharpest moves in AUD/USD were in response to (a) South Korea’s upbeat report on its meeting with North Korea and (b) the US employment report.”

“The Aussie doesn’t normally pay much attention to Korean political developments so there’s no guarantee that e.g. the proposed Trump-Kim meeting will be important for AUD. But North Korea’s pledge to refrain from protesting annual South Korea-US military drills was one factor that helped global equities rise 2.9% last week (MSCI World Index). Such optimism is often supportive of AUD.   As for the US employment data, non-farm payrolls surged 313k in February, the strongest reading since July 2016.”

“Unemployment was steady at 4.1%, as a flood of people entered the labour force. But average hourly earnings surprised on the downside, rising a modest 0.1% m/m, trimming the annual pace to just 2.6%, from a revised 2.8% in Jan. Recall that the original print of 2.9% in Jan was the strongest since 2009, sparking much discussion of how the tight labour market was finally producing significant wage acceleration and how this meant the Fed would need to raise rates faster.”

“So the debate over the degree of inflation threat from the US’s tight job market will continue. But overall, equity markets seem to have focused on the soft wages reading which implies wider profit margins and a less steep path for US interest rates. The 1.7% jump in the S&P 500 Friday helped AUD/USD start this week above 0.7850, a high since 27 February.”

“Yet there are reasons to question the sustainability of this rally. Australia has escaped the direct impact of the US’s steel and aluminium tariffs which take effect 23 March but we are yet to see how other nations and trading blocs respond. And when the US reports ongoing gaping trade deficits in coming months, will the White House announce more tariffs?”

“Moreover, AUD’s commodity price support has softened in recent days. Led by iron ore, Westpac’s basket of Australia’s key export commodity prices fell 2% last week, to a low since mid-December. This suggests that AUD/USD will need global equity markets to remain upbeat in order to sustain trade above 0.7800 over the week.”

“Australia’s data calendar is worth noting but seems very unlikely to be pivotal for markets. The RBA has been happy to point out the strength of business confidence and there’s no reason to expect a radical change in Feb.”

“In the US, CPI and retail sales are probably the key releases. Interest rate markets imply that a rate hike at next week’s Fed policy meeting is effectively a done deal, but if there are major surprises in this week’s data, it could impact the outlook for meetings beyond March.”

“All this suggests that AUD/USD struggles to find new buyers in the 0.7850-0.7900 zone, with risks back to 0.7750 if commodity prices remain under pressure.”

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