Investment Management
* On 29 Mar, we advised to Buy EUR/USD between $1.28 and $1.2830. Target: $1.32 * On 4 Apr, EUR/USD traded as low as $1.2746 * On 1 May EUR/USD traded at $1.3243, above our $1.32 target price * Investors who followed our advice made a short term profit of 3.90% over about 1 month […]
* Foreign-exchange strategists are cutting their calls for a stronger won at the fastest pace in nine months as Japan’s attempts to boost exports by debasing its currency stoke speculation South Korea will limit appreciation. * Citigroup Inc., Wells Fargo & Co., Credit Suisse Group AG and other firms have lowered their outlook for the […]
* Japan Governor Haruhiko Kuroda began his campaign to end 15 years of deflation by doubling monthly bond purchases in a bid to reach 2 percent inflation in two years. * With Kuroda presiding over his first meeting since taking the helm last month, the board today streamlined its asset purchase programs, temporarily suspended a […]
* Japan Governor HaruhikoKuroda began his campaign to end 15 years of deflation by doubling monthly bond purchases in a bid to reach 2 percent inflation in two years. * With Kuroda presiding over his first meeting since taking the helm last month, the board today streamlined its asset purchase programs, temporarily suspended a cap […]
* Citigroup: Investors should use options to simultaneously bet against the Singapore dollar and in favor of the ringgit as the market has overreacted to potential for Malaysian currency to weaken ahead of nation’s election, according to Citigroup. Ringgit traded at 3.1071 per U.S. dollar yesterday, having weakened 1.4% this year; currency trimmed losses after […]
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