Next week sees both month-end and a likely end to summertime trading conditions, both of which have the potential to generate heightened volatility. On Monday, Japanese election results (see below) will start the ball rolling, but liquidity will be hampered midday by the UK Summer Bank holiday which will see…
Source:This Week's Market Outlook
Next week sees both month-end and a likely end to summertime trading conditions, both of which have the potential to generate heightened volatility. On Monday, Japanese election results (see below) will start the ball rolling, but liquidity will be hampered midday by the UK Summer Bank holiday which will see…
Source:This Week's Market Outlook
The past week was characterized by the USD breaking down below its lows for the year against other major currencies (excluding JPY), only to come roaring back on a better than expected US July employment report. At the end of the week, the greenback was back inside the ranges that…
Source:This Week's Market Outlook
The data shows that speculative investors increased their bets that the dollar would depreciate as net short US dollar positions were increased by USD1.2bn. Short US dollar positions were mainly built against the euro, which had appreciated against the dollar to levels above 1.44 during the week covered by the…
