Tag: forex

Forex is one of the biggest asset classes in the world. It represents trades between different currency pairs and thus is an important part of what Investro reports on.
USD/JPY stays strong despite a plunge in yields

USD/JPY stays strong despite a plunge in yields

USD/JPY has so far ignored recent plunge in bond yields as there are really no reasons to buy JPY right now.
Reserve Bank of Australia raises base rate

Reserve Bank of Australia raises base rate

The Reserve Bank of Australia (RBA) raised its base rate by half a percentage point to 1.35%. It shows us the fastest increase since 1994.
EUR/USD collapses as German economy faces implosion

EUR/USD collapses as German economy faces implosion

The Euro continues in its downtrend as everything points to further losses amid an incoming severe economic depression.
EUR/USD drops after highest inflation reading ever

EUR/USD drops after highest inflation reading ever

Today, the euro has been under pressure in a downtrend channel, as the market awaits the release of the ISM manufacturing PMI for June.
GBP/USD remains resilient in risk-aversion trading

GBP/USD remains resilient in risk-aversion trading

Sterling could come under renewed selling pressure as long as it trades below May's lows.
Russia is heading for deflation

Russia is heading for deflation

Russia is facing a problem with low demand and a strong ruble. The ruble will have to weaken a bit or companies will have to cut production.
Hungarian central bank unexpectedly raised the base rate

Hungarian central bank unexpectedly raised the base rate

Hungary's central bank shocked financial markets today by raising its key interest rate sharply. It increased by 1.85% to 7.75%.
USD/JPY settles near 135 following US data

USD/JPY settles near 135 following US data

Volatility has been minimal today and USD/JPY rather ignored several important macro releases.
EUR/GBP remains near cycle highs following a barrage of UK/EU data

EUR/GBP remains near cycle highs following a barrage of UK/EU data

Volatility has been minimal on Friday, despite several important macroeconomic releases.
GBP/USD erases post-CPI losses, climbs to daily highs

GBP/USD erases post-CPI losses, climbs to daily highs

It looks like the GBP has quickly erased today's post-CPI losses as traders are selling the greenback heading into Powell's testimony.