JPY carry trade: Downside pressure mounts as global demand faces headwinds
JPY carry trade at risk of downside pressure due to headwinds in global demand and a widening of high-yield corporate bonds credit spread.
Source: marketpulse.com
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Canadian CPI stronger than expected pressure builds on BOC
The stronger than expected Canadian CPI, combined with stronger employment data, will continue to pressure the Bank of Canada
Source: cityindex.co.uk
How to trade oil with forex
Forex traders can look to take advantage of fluctuations in oil prices by trading correlated currencies. Discover how to trade oil on FX markets, and which currency pairs are linked to oil prices.
Source: cityindex.co.uk
Asian Open: Inflation Deflates Wall Street, Dollar Bulls Resurface
Asian Open: Inflation Deflates Wall Street, Dollar Bulls Resurface Matt Simpson May 12, 2021 11:00 PM US CPI data hit its highest level since 2009, exceeded expectations and reaffirmed earlier fears that inflation could be higher for longer than the Fed are positioned for. Share: Asian Futures: Australia's ASX 200 futures are down -28 points (-0.4%), the cash market is currently estimated to open at 7,016.90 Japan's Nikkei 225 futures are down -450 poin...
Source: cityindex.co.uk