BOJ could attempt jawboning, dollar unlikely to see a clear trend – Hantec Markets

In today’s Forex Forecast video, we saw Richard Perry, Market Analyst at Hantec Markets, present his view on Cable amid Brexit saga, Dollar-Yen pair, EUR/USD and Gold. Cable is all over the place and there is no meaningful trend in the pair at the moment, said Perry and added further that the pair is largely responding to opinion polls. Market is still concerned about Brexit and is not really sure how to position itself ahead…

"BOJ could attempt jawboning, dollar unlikely to see a clear trend – Hantec Markets"

Market Mocks OPEC Crude Jawboning; Morgan Stanley Warns Of Risks To 2018 Oil Price

In the clearest indication yet that OPEC jawboning no longer has an effect on markets, and especially headline scanning algos, following numerous headlines from Saudi energy minister Khlaid Al-Falih overnight warning that the oil rebalancing is imminent, and in case it isn’t, it will come in 2018 when OPEC and Non-OPEC producers may extend their production cuts, this morning oil is firmly hugging the flatline after a failed attempt to push higher earlier in the…

"Market Mocks OPEC Crude Jawboning; Morgan Stanley Warns Of Risks To 2018 Oil Price"