March 11, 2014
The Nikkei index opened at 15188, 68 points above yesterday’s open. The positive sentiments lifted USDJPY ~8 pips higher to 103.34 at the open. Spot has now fell back to around 103.30. BoJ has kept monetary policies unchanged in March. The central bank will retains the plan for 60tn-70tn annual rise in monetary base, and… View Article
March 5, 2014
5/3/14 (12.45pm) Yesterday Gold touched the $1354 resistance level and pushed down to meet support at $1332 as safe haven buying of gold waned after concerns of military warfare by Russia in Ukraine eased as Putin said he would use force in Ukraine only as a last option. Hence investors moved back to equities after… View Article
March 3, 2014
Well not much has changed since Friday. We still like buying the dollar across the board. So buying the dollar on dips is my strategy for the near future. People do seem to be selling the dollar against the Yen as a risk-off strategy but it seems like a good level to pick it up… View Article
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