China capital outflows jump – UOB

FXStreet (Guatemala) – Analysts at UOB explained that Bloomberg reported that China’s capital outflows jumped in December, with the estimated 2015 total reaching US$1 trillion, a record since data was collected from 2006. Key Quotes:”The total for the 2015 was also more than seven times of the US$134.3 billion in the whole of 2014. In December, outflows increased to US$158.7 billion, the second-highest monthly outflow of the year after September’s US$194.3 billion. December’s outflows increased by almost US$50 billion from a month earlier, highlighting the scale of the battle facing policy makers trying to hold up the RMB amid slower economic growth and slumping stocks, forcing them to burn through foreign reserves to reduce RMB volatility. In addition to capital exiting the economy, exporters are holding funds in dollars instead of converting them to RMB.”Analysts at UOB explained that Bloomberg reported that China’s capital outflows jumped in December, with the estimated 2015 total reaching US$1 trillion, a record since data was collected from 2006. (Market News Provided by FXstreet)Запись China capital outflows jump – UOB впервые появилась Forex.

China capital outflows jump – UOB

FXStreet (Guatemala) – Analysts at UOB explained that Bloomberg reported that China’s capital outflows jumped in December, with the estimated 2015 total reaching US$1 trillion, a record since data was collected from 2006. Key Quotes:”The total for the 2015 was also more than seven times of the US$134.3 billion in the whole of 2014. In December, outflows increased to US$158.7 billion, the second-highest monthly outflow of the year after September’s US$194.3 billion. December’s outflows increased by almost US$50 billion from a month earlier, highlighting the scale of the battle facing policy makers trying to hold up the RMB amid slower economic growth and slumping stocks, forcing them to burn through foreign reserves to reduce RMB volatility. In addition to capital exiting the economy, exporters are holding funds in dollars instead of converting them to RMB.”Analysts at UOB explained that Bloomberg reported that China’s capital outflows jumped in December, with the estimated 2015 total reaching US$1 trillion, a record since data was collected from 2006. (Market News Provided by FXstreet)Запись China capital outflows jump – UOB впервые появилась Forex.

China capital outflows jump – UOB

FXStreet (Guatemala) – Analysts at UOB explained that Bloomberg reported that China’s capital outflows jumped in December, with the estimated 2015 total reaching US$1 trillion, a record since data was collected from 2006. Key Quotes:”The total for the 2015 was also more than seven times of the US$134.3 billion in the whole of 2014. In December, outflows increased to US$158.7 billion, the second-highest monthly outflow of the year after September’s US$194.3 billion. December’s outflows increased by almost US$50 billion from a month earlier, highlighting the scale of the battle facing policy makers trying to hold up the RMB amid slower economic growth and slumping stocks, forcing them to burn through foreign reserves to reduce RMB volatility. In addition to capital exiting the economy, exporters are holding funds in dollars instead of converting them to RMB.”Analysts at UOB explained that Bloomberg reported that China’s capital outflows jumped in December, with the estimated 2015 total reaching US$1 trillion, a record since data was collected from 2006. (Market News Provided by FXstreet)Запись China capital outflows jump – UOB впервые появилась Forex.

EUR/JPY is a tight range stuck between Central Banks

FXStreet (Guatemala) – EUR/JPY is in a consolidative phase while the upside is limited in the single currency on a dovish stance from the ECB and much of the same for the Yen due to the BoJ and markets starting to price in action at some stage soon fr…Запись EUR/JPY is a tight range stuck between Central Banks впервые появилась Forex.

EUR/JPY is a tight range stuck between Central Banks

FXStreet (Guatemala) – EUR/JPY is in a consolidative phase while the upside is limited in the single currency on a dovish stance from the ECB and much of the same for the Yen due to the BoJ and markets starting to price in action at some stage soon fr…Запись EUR/JPY is a tight range stuck between Central Banks впервые появилась Forex.

EUR/JPY is a tight range stuck between Central Banks

FXStreet (Guatemala) – EUR/JPY is in a consolidative phase while the upside is limited in the single currency on a dovish stance from the ECB and much of the same for the Yen due to the BoJ and markets starting to price in action at some stage soon fr…Запись EUR/JPY is a tight range stuck between Central Banks впервые появилась Forex.

GBP/USD climbs to 11-day high

FXStreet (Córdoba) – The pound has continued to move higher during the American afternoon, reaching an 11-day high versus the greenback.GBP/USD rose above last week’s peak and marked its highest level since Jan 15 at 1.4366, extending its recovery from multi-year lows scored on Thursday. The upside move was helped by better sentiment on the back of oil’s comeback. At time of writing, GBP/USD is trading at 1.4347, up 0.70% on the day.The British currency shrugged-off dovish remarks from BoE Governor, Mark Carney, who repeated on Tuesday that conditions are not in place for a rate hike and added that the bank could even cut rates if needed. GBP/USD technical levels

On the upside, immediate resistances are seen at 1.4400 (psychological level) and 1.4461 (20-day SMA). On the other hand, supports could be found at 1.4172 (Jan 26 low) and 1.4078 (7-year low, Jan 21). The pound has continued to move higher during the American afternoon, reaching an 11-day high versus the greenback.

(Market News Provided by FXstreet)Запись GBP/USD climbs to 11-day high впервые появилась Forex.The post GBP/USD climbs to 11-day high appeared first on Forex.

EUR/JPY is a tight range stuck between Central Banks

FXStreet (Guatemala) – EUR/JPY is in a consolidative phase while the upside is limited in the single currency on a dovish stance from the ECB and much of the same for the Yen due to the BoJ and markets starting to price in action at some stage soon fr…Запись EUR/JPY is a tight range stuck between Central Banks впервые появилась Forex.

EUR/JPY is a tight range stuck between Central Banks

FXStreet (Guatemala) – EUR/JPY is in a consolidative phase while the upside is limited in the single currency on a dovish stance from the ECB and much of the same for the Yen due to the BoJ and markets starting to price in action at some stage soon fr…Запись EUR/JPY is a tight range stuck between Central Banks впервые появилась Forex.

EUR/JPY is a tight range stuck between Central Banks

FXStreet (Guatemala) – EUR/JPY is in a consolidative phase while the upside is limited in the single currency on a dovish stance from the ECB and much of the same for the Yen due to the BoJ and markets starting to price in action at some stage soon fr…Запись EUR/JPY is a tight range stuck between Central Banks впервые появилась Forex.