EUR/USD did not move too much on Draghi’s lack of details and lacks a new direction. The team at Morgan Stanley sees a bullish run and explains. Here is their view, courtesy of eFXnews: Why bank profits matter for FX? There are two main reasons why bank profitability should matter for an FX investor. Firstly, higher expected returns … “Bank Repatriation: Another Reason To Stay Bullish EUR –”
Category: Opinions
EUR/USD: En-Route To 1.08 As ECB Passes Baton To The
Draghi offered dovish words but never went too far regarding details. Euro/dollar maintained its strength. As the focus shifts to the Fed, the team at BNP Paribas sees weakness. Here is their view, courtesy of eFXnews: The ECB refrained from announcing new easing measures at today’s monetary policy meeting. President Mario Draghi stated in the press … “EUR/USD: En-Route To 1.08 As ECB Passes Baton To The”
US Elections: Trump tightens race – markets should notice
A clear Clinton lead and with the elections far in the future, markets did not see. However, summer is over, and the fireworks begin now. The polls have tightened towards Trump and uncertainty is higher. With uncertainty already in abundance, markets might get scared. Some currencies are set to gain and others to lose. Video … “US Elections: Trump tightens race – markets should notice”
USD/CAD: Trading the Canadian Employment Change
Canadian Employment Change is an important leading indicator which provides a snapshot of the health of the employment market. A reading higher than the forecast is bullish for the Canadian dollar. Here are the details and 5 possible outcomes for USD/CAD. Published on Friday at 12:30 GMT. Indicator Background Job creation is one of the most … “USD/CAD: Trading the Canadian Employment Change”
![ECB Preview: Draghi drag or Super Mario? [Video]](https://investinearth.org/wp-content/uploads/2016/09/Fotolia_52150087_S-351x185-1.jpg)
ECB Preview: Draghi drag or Super Mario? [Video]
ECB President Mario Draghi maintained a surprising silence during the summer, but this is about to come to an end. Inflation disappointed once again, and the Bank now updates its forecasts. Can they provide a new raft of measures or are they out of ammunition? Markets expect minor changes, but Draghi’s magic may come back. … “ECB Preview: Draghi drag or Super Mario? [Video]”
ECB: QE Extension or no QE Extension?
The European Central Bank convenes in September 2016, the original date that QE was supposed to end. It has already been extended to March 2017. Will they already push back the end date now? Or take other measures? Here are two opposing opinions: Here is their view, courtesy of eFXnews: ECB Preview: QE Extension On Thursday; … “ECB: QE Extension or no QE Extension?”
EUR/USD En-Route To 1.08; ECB To Ease This Week – BNPP
The ECB convenes this week after an extended period of silence from Draghi and amid falling inflation. Will the magician wallop the euro? Here is their view, courtesy of eFXnews: We think the EUR is likely to fall towards the end of the year and target a drop in EURUSD to 1.08. The principal driver … “EUR/USD En-Route To 1.08; ECB To Ease This Week – BNPP”
US elections: Trump gets closer to Clinton – markets
Some say that the US elections campaigns begin in earnest only after Labor Day. That is when Americans return from a long week that marks the end of summer. It is also the time when traders who have been on vacations are all back to their desks. So far, many have followed the fascinating primaries, … “US elections: Trump gets closer to Clinton – markets”
Fed has limited time to explicitly hint a hike
In an interview I gave to FXStreet, we discussed the implications of the Non-Farm Payrolls report on a potential rate hike in September. We continued with discussing the yen, the yuan, oil and the upcoming market-moving meetings. You can read the interview in its original publication or here below: After the so-so US Employment report, do you think … “Fed has limited time to explicitly hint a hike”
EUR/USD getting ready for the ECB
EUR/USD wobbled quite a bit on the disappointing NFP and now it faces a critical event in the euro-zone: the ECB meeting. Here are two opinions: Here is their view, courtesy of eFXnews: EUR/USD Post NFP & Ahead Of ECB – Barclays EURUSD downside momentum waned last week following weaker-than-expected US manufacturing ISM and mixed labour … “EUR/USD getting ready for the ECB”