Tag: Yen

January 04, 2016 BY Mike Fox

Forex market volatile to begin 2016; Yen soars, equity markets down big

Well, 2016 has started off with a bang. a piece by Patrick Graham of Reuters got some inside quotes from brokers in the trenches as China's yuan currency hit its lowest in more than 4 years in both onshore and offshore Renminbi. The culprit of the volatility? Downbeat Chinese economic data. China's benchmark Shanghai Composite shed 6.9%,…

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February 24, 2015 BY Andrew Saks-McLeod

Full of eastern promise as Japan, Hong Kong and China seek to attract Western FX business - LeapRate investigates

In the wake of European market turmoil, exchanges and venues in Japan, China and Hong Kong, with the backing of global regulators, are busily adding products to their ranges which aim to attract European, Middle Eastern and American retail and institutional traders to increasingly strong markets. LeapRate takes a detailed look at the developments

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November 10, 2014 BY Mike Fox

Swissquote Daily Technical Report: USD/JPY - Challenging its support at 114.06

In Swissquote’s Monday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for USD/JPY and AUD/USD. To view and download the entire report, click here (PDF). USD/JPY: Challenging its support at 114.06 • USD/JPY has failed to break the hourly resistance at 115.52 (06/11/2014…

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September 18, 2014 BY Mike Fox

Swissquote Daily Technical Report: Gold - Drifting lower

In Swissquote’s Thursday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for USD/JPY and Gold. To view and download the entire report, click here (PDF). USDJPY: Pushing higher • USD/JPY has confirmed its underlying uptrend by making new highs. The…

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September 17, 2014 BY Mike Fox

Swissquote Daily Technical Report: GBP/USD - Approaching the resistance at 1.6340

In Swissquote’s Wednesday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for GBP/USD and GBP/JPY. To view and download the entire report, click here (PDF). GBP/USD: Approaching the resistance at 1.6340 • GBP/USD is getting closer to its resistance at…

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September 12, 2014 BY Mike Fox

Swissquote Daily Technical Report: EUR/USD - Pausing

In Swissquote’s Thursday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for EUR/USD and USD/JPY. To view and download the entire report, click here (PDF). EUR/USD - Pausing • EUR/USD is trying to bounce from its oversold decline. However, the…

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