Tag Archives: USD/KRW
Asian Currencies Technicals
The $0.9085 Jan monthly high remains key resistance this week with a close above this level needed to kick start bullish momentum and
The Global Macro Pulse
The EUR edged higher to 1.3765, while USDJPY was marginally lower to 102.24. AUD fell to a low of 0.899 before reversing to 0.901. A similar pattern was followed by NZD,
The Global Macro Pulse
USDJPY and the Nikkei rallied in response to the Bank of Japan extending and increasing the size of its subsidized loans to banks.
The Global Macro Pulse
Equity markets have rallied across the board in Asia, but the dollar is weaker. The Nikkei opened lower, but recovered to be up 0.5% at the time of writing despite yen strength.
The Global Macro Pulse
USDJPY made another attempt to test the low around 101.8 in Asia. A 1.8bp drop in US 10y yield to 2.7141% also contributed to the move.
The Global Macro Pulse
In FX, AUDUSD was the main mover, dropping about 1% to 0.894 in response to weaker-than-expected employment data. EURUSD recouped some of its overnight losses to rise to 1.3615 while USDJPY fell
The Global Macro Pulse
New Fed Chair Yellen’s clear message of continuity of Fed policy has helped push equities and EM Asia currencies higher across the board. The Nikkei is up 0.7%, the Hang Seng rallied 1.1%,
The Global Macro Pulse
G10 FX saw CAD, AUD, and EUR jump in succession in what seems to be stop driven moves. USDCAD jumped from 1.1057 to 1.1087 in early Asian trading before settling at 1.1081.
The Global Macro Pulse
The USD has been essentially directionless. Although AUDUSD is down slightly to 0.8942, EURUSD and USDJPY are roughly unchanged at 1.3626 and 102.38.
USD/CAD – false break points up. NOK/SEK – higher.
EUR/USD: The comeback staged Thu/Fri will probably lead the pairhigher during the start of the week with the estimated Dectop line, 1.3655,
The Global Macro Pulse
The USD was relatively steady against majors ahead of US payrolls. EURUSD was unchanged at 1.359, holding onto gains post yesterday’s less dovish than expected ECB.
The Global Macro Pulse
The better than expected US non-manufacturing ISM has boosted risky assets in Asia. All Asian equity markets have risen, with the Nikkei up 0.4%, the Hang Seng up 0.5% and Kospi up 0.8%.