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GDP growth was much stronger than expected and Japan, for the second quarter in a row, was the strongest performing G7 economy. Significantly, private domestic demand improved substantially due to both the impact from fiscal stimulus programme and the sharp recovery in exports starting to spill over into domestic demand.

The USD starts the week lower as equity markets rally, crude prices trade higher and gold trades at new record high, strong GDP data from Japan and statements from China downplaying the possibility of Yuan revaluation sparked selling of the USD, ECB’s Weber calls for the start of plans to…

After falling and recording a low of 1.0065, Swiss has risen slightly and is now trading just below 1.0100. Our view continue remain the same on the pair. Any sharp upmove is not looking likely now. However, a strong break above 1.0100 might see a rise towards 1.0130-50 in the…

When you look at US fundamentals it is very easy to be bearish on the dollar . That is until you look at the alternatives. All the major currencies have very serious vulnerabilities with government debt a key issue for Japan. Banking weakness and structural problems are a key concern…

A new week begins dear readers, whereas more fundamentals from the world?s largest economy will be released, and accordingly we should be able to get a better picture over the current developments and the upcoming outlook, meanwhile, more U.S. companies will continue to announce their results this week, and accordingly…

The dollar index is trading lower at the start of the week driven by higher stocks and commodities, especially gold. As such, this recent long pull-back was probably just a black wave ii/b correction, which indicates at least one more push into recent lows is coming. Traders will remain bearish…

* Times listed are GMT

Although marginal gains were seen in early trading today followed with prices hesitation, the pair?s broader bias remains higher in the medium term suggesting its current price action is corrective of that trend. Its LT rising trendline and its major emas are pointing higher buttressing this view and suggesting further…

The pair remains heavy and weak having closed lower the past week .It continues to retain its shorter term negative outlook and looks for further downside pressure towards its nearby support at its Nov 01?09 low at 89.16 followed by the 88.82 level, its Oct 14?09 high and then its…