By Masayuki Kitano TOKYO, Aug 27 (Reuters) - The dollar edged lower against the yen on Friday, inching back towards a 15-year low hit earlier this week, ...See all stories on this topic »
FOREX-Dollar dips vs yen; Bernanke speech in focus
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EurUsd
Look for Eurusd to reach at least 1.48 in less than 24 hours. Probably will clear it, even if for a moment. Going to be lots of risk interest with the markets in good shape this...
More put buying by the Big Guns
A US investment house has been a big buyer of 1.3600 puts today, expiring a week from tomorrow. Last week they bought a half-yard of 1.3800 puts which roll off tomorrow. They are now sellers of spot on rallies to 1.3900, dealers report. This same name was an aggressive buyer of EUR/USD above the...
USDJPY stays in a falling price channel
USDJPY stays in a falling price channel on daily chart and remains in downtrend from 93.75. One more fall towards 88.50 area...
GBPUSD’s bounce reaches 1.6456 only
GBPUSD’s bounce from 1.5829 reaches 1.6456 level only. The subsequent pullback suggests that a cycle top is being formed on daily chart....
Cable opens firmer in Europe
Cable is at 1.6410, up from a North American close Wednesday around 1.6350. The pairing is benefitting from a generally weaker greenback, strong risk appetite, and hope in certain quarters that the UK recession may have ended in March. On the last part, I hope they’re right, but am certainly...