Tag: GBP/USD

Kuroda says BOJ sticking to game plan

BOJ to adjust policy to achieve price target In a speech today, BOJ governor Haruhiko Kuroda vowed to continue to expand the monetary base to maintain the economy’s momentum in order to achieve the BOJ’s price target. He reiterated that the central bank would make necessary policy adjustments to reach that goal. On the economy, […]

Wait-and-see as tariffs and payrolls loom

Waiting for tariffs and payrolls We endured another lackluster trading session in Asia with markets in wait-and see mode ahead of the double header of US non-farm payrolls data and the implementation of the first round of US tariffs on $34 billion worth of Chinese imports. Tariffs are scheduled to be introduced at 12.01am in […]

OANDA Market Insights podcast – Episode 21

OANDA Senior Market Analyst, Craig Erlam reviews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week’s big stories: EU summit deal boosts Euro, surprise upgrade for UK GDP, Shares recover early week wobble, John Lewis to close stores. Dollar Strong Ahead of July 4 Holiday DAX climbs on […]

EUR extends rebound on EU summit deal

EUR bounces as EU leaders reach agreement on migration News that leaders at the EU summit had reached an agreement on migration issues drove the EUR/USD higher in morning trade in Asia. This cemented the small up-move seen yesterday after European CPI figures ticked up for the second straight month. No doubt the news will […]

Trade spats continue to weigh

Investors remain concerned about trade war prospects US futures are in the red again ahead of the open on Tuesday, with the ongoing trade spats between the US and others continuing to weigh. While there haven’t been any major developments in the last 24 hours, nothing we’ve heard recently fills investors with any confidence that […]

The Bigger Picture 89.3 Money FM ( OANDA Podcast)

Stephen Innes, Head of trading for the Asia Pacific at Oanda gives his take on what we can expect from the markets today. ON the Bigger Picture 89.3 Money FM   Money FM 89.3 Singapore

Risk barometer in the red (OANDA Podcast)

Stephen Innes, Head of Trading in the Asia Pacific, OANDA, Singapore Stephen analyzes how Recep Tayyip Erdogan’s triumph in the Turkish presidential elections could affect the lira, and how OPEC’s latest production deal could impact the ringgit. BFM Radio Kuala Lumpur

All eyes on OPEC

Oil edges higher ahead of OPEC meeting All eyes today will be on the OPEC meeting as producers discuss whether and how much to increase production by now that the targets of its previous 1.5 million barrel a day cut have been achieved. There remains some disagreement between some members on how much to increase, […]

GBP rallies on hawkish BoE

Risk aversion remains on trade fears We’re continuing to see risk aversion in the markets on Thursday, as the trade spats between the US and others ramp up. The week started with the US and China announcing tariffs against one another which will come into effect on 6 July, and it will end with the […]

Will the BoE lay the groundwork for August hike?

Was recent data enough to ease concerns about first quarter downturn? The Bank of England meeting on Thursday should be another interesting affair following a week in which two other major central banks – the Federal Reserve and ECB – have announced new tightening measures. No rate hike expected this month Markets still not convinced […]