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2024-05-17T11:59:08+0100
Exchange rate
Japanese Yen strengthens as intervention woes linger
The Japanese Yen showed signs of strengthening overnight against the US dollar but has stayed comfortably above the 150 level, where it has been for the past two weeks.
2024-04-05T08:28:05+0100
Central banks preview: What to expect from the BoC and ECB this week?
Investors will be keeping across the Bank of Canada's interest rate decision on Wednesday and the European Central Bank's on Thursday.
2024-03-04T09:05:20+0000
Burberry shares slump after profit warning
British luxury fashion house Burberry has cut its full-year profit forecast. It comes after a poor Christmas trading period and it blames a slowdown in demand for luxury goods and foreign exchange rates.
2024-01-12T10:06:58+0000
No market surprises with Australian trade balance
The Australian Bureau of Statistics reported the balance on goods rose to A$7.13 billion on Thursday, up from A$6.2 billion the previous month, which was broadly in line with market forecasts.
2023-12-07T10:01:01+0000
Caixin services PMI expands the most in three months
China’s Caixin services survey expanded at a quicker pace in November, contrasting with last week’s official NBS data.
2023-12-05T09:28:12+0000
AUD, CAD: markets focus on RBA, BoC rate decisions
Investors will be keeping across a couple of central bank decisions this week, starting with the Reserve Bank of Australia (RBA) on Tuesday. The RBA is expected to keep its cash rate at 4.35%.
2023-12-04T09:47:56+0000
Trade of the Week: long EUR/GBP
The recent recovery in EUR/GBP has brought it to our attention. We look to go long EUR/GBP with an initial target of £0.8850, and a stop at £0.8680.
2023-10-25T09:36:09+0100
Volatility on the rise, markets trending downward
There is an increase in volatility within the markets, leading to a downward trend.
2023-08-08T08:32:11+0100
