Monthly Archives: March 2016

Bearish Yen after Negative Rates

Previously, I was doubtful that yen would depreciate much further in 2016 and that BOJ is likely to tighten than to ease monetary policy. Of course, I was proven wrong after BOJ introduced negative interest rates on top of its … Continue reading

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Resilient Euro ahead of ECB Meeting

Strong non-farm payrolls numbers proved irrelevant as a short-lived dollar rally was quickly dismissed by investors. The equity rally continue to prove disappointing for investors expressing their risk-on trade through euro and yen as the dollar loses steam while risk … Continue reading

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