Forex

Japanese Yen Subdued Against US Dollar After a Whippy Start to the Week

Japanese Yen, USD/JPY, US Dollar, BOJ, Fed, Yield Curve Control - Talking PointsJapanese Yen has found some calm after a stormy start to proceedings this weekThe Bank of Japan do not appear to...

China’s currency war on the US has been stepped up a notch – CNH to a record low

The People's Bank of China eviscerated the onshore yuan setting today:That translates to a PBOC cut to the CNY reference rate by 448 points, biggest since June, and sending CNY to its lowest...

Gold Price Reverses Ahead of Yearly Low to Eye 50-Day SMA

Gold Price Talking PointsThe price of gold initiates a series of higher highs and lows as it bounces back from a fresh monthly low ($1617), and the precious metal may attempt to test...

RBNZ Chief Economist says the Bank is hopeful that inflation has peaked

Reserve Bank of New Zealand Chief economist Conway:As interest rates have risen, there are early indications that the economy is coolingThe fall in house prices is expected to slow consumptionEra of helpful tradeable...

China’s new leadership group: pro-market pragmatists “gone”

The Wall Street Journal (the site is gated) have a useful summary piece on the new leadership group appointed by re-installed President Xi:The changing of the guard in China will likely alter...

Australian Dollar Trails Chinese Stocks Lower Despite Dow Jones Gains

Australian Dollar, AUD/USD, China, Federal Budget, Sentiment, Technical Outlook – Talking PointsAsia-Pacific stocks look primed for gains today, excluding embattled Chinese stocksAustralia’s federal budget is due tonight, which may influence Aussie Dollar sentimentAUD/USD...

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