Tag Archives: USD/CNY

The Global Macro Pulse

The USD was broadly stable against majors. EURUSD and USDJPY held steady at 1.318 and 103.73 respectively.

The USD gave back some of its recent gains against the majors today.AUDUSD rose to 0.9359,

Since the USD turned in early July, Asian FX has been outperforming other currency blocs.

The dollar weakened slightly in Asia. Although AUDUSD fell to 0.9298, possibly in partial response to

EURUSD fell to 1.3205 and USDJPY rose to 104.22, but AUDUSD managed to rally back to 0.9316 after opening weaker.

EURUSD: The correction attempt faded faster than expected asalready the 1.3289/98 resistance became a too big obstacleto overcome.

U.S. Review What Was That Noise? • Since Chair Yellen’s comment a few weeks ago that recent price jumps were “noisy,

The USD drifted weaker in pre-Jackson Hole profit taking. AUDUSD has risen to 0.9313,

The market is rapidly switching gears from focusing on a hawkish set of FOMC minutes to a potentially dovish sounding Chair Yellen.

The USD is stronger across the board. AUDUSD fell to 0.9252, EURUSD is lower at 1.3245 having taken out barriers at

EURUSD: The passage of 1.3295 (Nov 2013 low) paved the way forlower prices and the pair soon arrived at 1.3250,

The USD is stronger across the board in Asia. AUDUSD has fallen to 0.9294, partly in response to