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The foreign exchange winners out of a trade and debt induced global slowdown are likely to be the Japanese Yen and the Euro, says Wall Street investment bank Morgan Stanley.
July 5,2019
Safe-haven currencies could come back into fashion at the expense of all others next year if Nuoriel Roubini, an economist and professor of economics at New York University's Stern School of Business, is right with his latest forecasts for the global economy.
July 4,2019
The Pound-to-Yen exchange rate is trading at around 136.50 at the time of writing, a tenth of a yen lower than a week ago, and studies of the charts suggest the exchange rate is set to continue its broader downtrend in the days to come.
July 2,2019
For GBP/JPY, a break below the 135.38 lows would provide confirmation of a continuation down to a target at 134.50 eventually over the short-term time horizon.
June 24,2019
GBP/JPY is trading at around 137.61 at the time of writing, down slightly at the start of the week and studies of the charts suggest the exchange rate is set to continue its broader downtrend in the days to come.
June 11,2019
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