Aussie, Kiwi Sold Off As China GDP Raises Tightening Fear

Aussie, Kiwi Sold Off As China GDP Raises Tightening Fear

Better than expected China GDP could accelerate pace of deleveraging, short AUD/USD? China reported a much better than expected growth number for second quarter, but many investors are confused why both Chinese stocks and Aussie sold off after such a solid data. We...
Fed to Tighten Regardless of Soft Inflation

Fed to Tighten Regardless of Soft Inflation

Yellen is likely to express her hawkish opinion later this week. Long USD/JPY? U.S. jobs data in June suggests its economy remains solid after Fed hiked rates for the third time in past seven months U.S. dollar found some much-needed support from a...
Message of ECB to Tighten Soon Is Clear

Message of ECB to Tighten Soon Is Clear

ECB may start to consider QE exit in coming months, long EUR/USD? ECB could be ready to exit QE, EUR/USD surges EUR rallied across the board and it is likely to continue.  ECB’ s Mario Draghi said last week, deflation is now off the table in euro zone and monetary...
Roadmap for Pound after UK Election Surprises Markets

Roadmap for Pound after UK Election Surprises Markets

Fed can’t wait to raise the interest rate in days, good to sell EUR/USD? Result of UK election set for more volatility in GBP in short term, but medium-term outlook could be positive On Friday morning as UK election results ended in a hung parliament, there are many...
Five Reasons Why Fed Will Ignore NFP and Hike in Two Weeks

Five Reasons Why Fed Will Ignore NFP and Hike in Two Weeks

Fed is ready to raise benchmark interest rate in two weeks, long USD/JPY? Below-estimated U.S. payrolls won’t change the Fed’s rate decision this month Total U.S. nonfarm payroll employment increased by 138,000 in May, well below the earlier economists’ forecast, and...