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Bounce break
Bounce break





What makes you think He won't see you through this? Keep the lesson-let go of the pain. Look Back-God has seen you through tough times.Look Up-The sky is still blue, you are still here and God is still on the throne.Lose the "woman-wonder" suit and put on the "live-in-wonder" armor or God. Learn to shift your focus from problems to solutions-from problem-people to problem-solving supporters. When life T-bones you like an eighteen wheeler, bounce back! Bounce, Don't Break provides important steps to help you recover from a crisis. Even a huge supplementary budget and further Bank of Japan (BoJ) easing will not stop the strength of the JPY emerging from the current global environment.1st Place, Blue Ridge Mountains Christian Writers Conference It is believed that much investment in the JPY is coming from Japanese sources that include exporters, life insurers and pension funds. JPY As a result of the European Union (EU) referendum result causing much fluctuation in the market, the Japanese yen was pushed to the forefront as a safe currency. If European and Chinese risk-off concerns reassert, it is possible that the USD/JPY rate could move to 90. On a positive note, an unexpected sharp slump in Chinese imports meant the US dollar strengthened, as safe-haven demand surged.

bounce break

Investors believe that domestic sentiment was not overly bearish, which added further downside pressure to the USD/AUD exchange rate. USD This week the US dollar failed to hold onto recent gains against the AUD, despite a mix of Australian data, with investors still analysing the chances of an imminent Fed rate hike as limited. The eurozone trade balance will also be revealed later today, with forecasts expecting a significant fall from 27.5 billion to 18.9 billion. Before the market closes later today, the euro will likely be influenced by a number of domestic data releases and the majority of these concern inflation in the single currency in June. Meanwhile, Finland’s inflation rate has proved to have risen on the year in June, but continued flat on the year, whilst Ireland awaits its base and annual inflation statistics. EUR As of late, the euro exchange rate has been unsteady for investors, with today’s eurozone data fairly limited and the Bastille Day terror attacks limiting any data releases from France. Despite this, the GBP/EUR pair rose to a best conversion rate of 1.21, in comparison to lows of 1.15 last week. However unless major political support materialises, poor construction output statistics are likely to cause a slow end to the week.

bounce break

This week the UK saw the appointment of former home secretary Theresa May as prime minister, which is likely to steady the pound after much uncertainty in the wake of Brexit. Over the past week, the GBP has been in high demand but is predicted by foreign exchange investors to settle as the end of the week approaches. GBP Following a sharp rise during Thursday’s session, the pound to euro rate held above the 1.20 level.

bounce break

Further to this, there is a rebound in oil futures, a risk-on posture and strong industry leadership from the financial, technology and industrial sectors.

bounce break

This week the dollar to Japanese yen peaked at high rates, but with talk of helicopter money continuing, will it be bounce or break for the pair? Hints of further policy easing within the market has contributed to today’s positive bias, and stronger-than-expected quarterly results from JPMorgan.







Bounce break