Should investors be wary of further downside potential for Oceania currencies?
15.09.2021
- UK Consumer Price Index
- U.S. New York Fed Manufacturing Index
Yesterday, stock prices fell in both European and U.S. markets, with France’s CAC 40 closing at 6,652, down 0.36% from the previous day. U.S. bonds continued to rise, with the yield on the 10-year Treasury note falling below the 1.3% mark to 1.28%. Gold recovered to the key $1,800 level and is currently trading in the $1,803 range.
The foreign exchange market is showing a trend toward a stronger yen, with the Australian dollar emerging as the weakest currency as of yesterday. The AUD/JPY pair continued its downward trend from early this month, falling from 81.10 to 80.02. However, from a technical perspective, the daily chart shows rising highs, so it will be important to monitor how the currency performs relative to other currencies, including the U.S. dollar, moving forward.
Today, at 3:00 PM: UK Consumer Price Index, UK Retail Price Index, UK Producer Price Index; at 3:45 PM: French Consumer Price Index (flash estimate); at 6:00 PM: Eurozone Industrial Production; at 8:00 PM: South African Retail Sales;the US MBA Mortgage Applications Index at 9:30 PM, the Canadian CPI and the US NY Fed Manufacturing Index at 10:30 PM, Canadian Existing Home Sales at 10:00 PM, US Industrial Production at 10:15 PM, US Weekly Crude Oil Inventories at 11:30 PM, and New Zealand Q2 GDP at 7:45 AM the following day.As we reach the middle of the week, we will need to carefully assess whether clear price movements will emerge in the latter half.
Past Market Reports
17.04.2026
Will the market wait and see how much further the U.S. dollar can rise against the yen?
16.04.2026
Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.
15.04.2026
Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar
14.04.2026
Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?
13.04.2026
Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures
10.04.2026
Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?
09.04.2026
Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?
08.04.2026
Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?
07.04.2026
Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran
06.04.2026
Investors should be wary of sudden spikes in volatility while major markets are closed
