Monthly Archives: April 2016

European Open Briefing

European Open Briefing

The US Dollar weakened against all major currencies overnight, while Asian stock markets are up on the day. USD/JPY rallied initially, from 107.95 to
See Original Article

Holiday in Europe or MBA in US? Just get the best forex deal

While you surf the net for the best deals, do not forget to lock in the best forex rates too. The rupee has been on a decline and even small gyrations can
See Original Article

GBP/USD remains at the mercy of GBP/JPY cross

Yen remains at the center stage of the FX markets; guiding other majors like GBP/USD via action in the GBP/JPY cross. Cable backs off from daily highsThe spot now trades around 1.4220 after having clocked a high of 1.4227 levels. The move is in line with GBP/JPY pair which trimmed gains from the daiSee Original Article

Short CHF/JPY – Deutsche Bank

Research Team at Deutsche Bank, suggests to go short on the CHF/JPY as their preferred G10 trade of the week with entry being 113.30 level, while maintaining a stop loss of 118.50 for the target of 101.50.Key Quotes“The yen correction may have some way still to run on valuation grounds. One way toSee Original Article