USD/KRW likely to trade in range of 1,120-1,180 during July-September quarter, says Scotiabank
Jul 20, 2017 07:58 am UTC| Commentary Economy
The KRW has rallied more than 3 percent since early July, largely due to a broadly weakening dollar and alleviated geopolitical situation on the Peninsula. USD/KRW is now approaching a critical support, suggesting limited...

FxWirePro: Retail sales report is focus as pound tests key resistance line
Jul 20, 2017 07:38 am UTC| Commentary
The pound is up against the dollar considerably since April this year but its performance has been relatively weak compared to its other major trading partners. Since April, the pound has increased by 5.3 percent but the...
Global Geo-political Series: Saudi-led Arab group modifies Qatar demands
Jul 20, 2017 07:03 am UTC| Commentary
Four major Arab nations, Saudi Arabia, Bahrain, United Arab Emirates, and Egypt severed all of its diplomatic ties with Qatar in early June citing the latters support for extremist groups, terrorist organizations and...

BOJ monetary policy: Assessing future bias
Jul 20, 2017 06:04 am UTC| Commentary Central Banks
At todays meeting, policymakers at the Bank of Japan (BoJ) kept the policy unchanged, and the benchmark interest rate at -0.1 percent. Lets look at the current monetary policies, Bank of Japan had already shifted...
New Zealand bonds close lower in muted trading, track movement in U.S. Treasuries
Jul 20, 2017 05:59 am UTC| Commentary Economy
The New Zealand bonds ended on the downside Thursday as investor remain sidelined in any major trading activity due to lack of any economically significant data and tracking some strength in the U.S. Treasuries. At the...
Global Geo-political Series: Trump administration to stop CIA from arming rebel groups in Syria
Jul 20, 2017 05:34 am UTC| Commentary
It is being widely reported that the Trump administration is going to put an end to a covert CIA program in Syria that began back in 2013 and aims at training and providing weapons to so called moderate Syrian rebels....
FxWirePro: The Day Ahead- 20th July 2017
Jul 20, 2017 04:24 am UTC| Commentary
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: Australia: Unemployment rate came at 5.6 percent in June. The participation rate is up to...