Search Results for: Bank of Japan
USD/JPY contained by 102.35/10
May 15th, 2014
Pair’s Outlook As suspected, USD/JPY failed to gain a foothold above 102.35/10, which is a necessary condition for the long-term sustainable recovery. But at the same time the currency pair is currently well-supported (mainly by the 200-day SMA and ...
Asian Stocks Advance After U.S. Gauges Rally to Records
May 13th, 2014
Asian stocks rose, with the regional benchmark gauge on course for its biggest increase in seven weeks, as investors weighed earnings and after U.S. equity indexes climbed to records. Nissan Motor Co., Japan’s second-biggest carmaker, jumped 5.1 percent after ...
Draghi Sets Clock Ticking for June Stimulus by ECB
May 9th, 2014
Mario Draghi has given himself a month to craft a new fix to the European Central Bank’s deflation angst. Cutting the euro area’s benchmark interest rate to a record tops the list of options for the ECB President after ...
USD/JPY underpinned by 200-day SMA
May 8th, 2014
Pair’s Outlook As many of the supports have already given up, it is now 200-day SMA’s task to revive a bullish momentum of USD/JPY. For now the moving average seems to be successful at keeping the exchange rate afloat. ...
China Buys Friends and Influences Nations
May 6th, 2014
If you can’t beat them, outspend them. That seems to be the thinking behind a huge new infrastructure investment fund being promoted by China as an alternative to established international lending agencies. It’s a terrible rationale for starting a ...
USD/JPY unable to breach monthly PP
April 30th, 2014
Pair’s Outlook USD/JPY seems to have once again failed at 102.72/56 (monthly PP and 100-day SMA), thereby calling into question the currency pair’s ability to recover in the long run. Still, being that the key supports remain intact, such ...
USD/JPY to re-test 100-day SMA
April 29th, 2014
Pair’s Outlook The strong upward impulse seen yesterday confirmed that USD/JPY still deserves a bullish outlook. Now the pair is facing the 100-day SMA and monthly PP. Last week this supply area prevented further appreciation of the U.S. Dollar ...
Asian Stocks Swing From Gain to Loss on Earnings Outlook
April 29th, 2014
Asian stocks swung between gains and losses as investors weighed corporate earnings and after U.S. equities advanced. China Petroleum & Chemical Corp. slid 1.3 percent in Hong Kong after Asia’s biggest refiner posted first-quarter profit that missed analyst estimates. ...
What Obama and Abe Didn’t Talk About
April 25th, 2014
As New York Times columnist Paul Krugman recently reminded readers, the dirtiest word an economist can call you is “Japanese.” Swedes must be stewing with regret for giving Krugman that Nobel Prize, after one of his columns likened the ...
Asian Stocks Erase Gain on China Factory, Australian CPI
April 23rd, 2014
Asian stocks erased gains after Chinese manufacturing data signaled persisting weakness in the world’s second-largest economy and Australia’s inflation rose less than expected. China Overseas Land & Investment Ltd., the largest mainland developer traded in Hong Kong, sank 3.7 ...
