The Federal Reserve left the rates unchanged and seemed not to rock the boat. But the upbeat outlook left some speculating about a move in September. Here are various opinions: Here is their view, courtesy of eFXnews: Quick Take: Fed Statement – CIBC A month of better data wasn’t enough to radically change the Fed’s … “Fed Analysis: Was there a hint for hike? – 6 Opinions”
Category: Opinions
EUR/USD: Trading the US Advance GDP
US Advance GDP is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity, and publication of Advance GDP could have a significant impact on the movement of EUR/USD. A reading which is better than the market forecast is bullish for the dollar. Here … “EUR/USD: Trading the US Advance GDP”
CAD: Further Weakness Still In Store; Where To Target? –
The Canadian dollar suffers from the slide in oil prices, which has suffered further falls following the inventories release. There could be more falls in store, says the team at CIBC: Here is their view, courtesy of eFXnews: The Canadian dollar has come a long way from the strength observed in May of this year. That … “CAD: Further Weakness Still In Store; Where To Target? –”
Will Trump’s Project Fear hit market sentiment?
The Republican Convention has ended and the Democratic Convention is underway. for political addicts, this is a big party but markets are mostly ignoring the headlines at this point. However, the dark message coming from Trump is something that cannot be ignored and could take its toll. 100 days before the big day, we provide … “Will Trump’s Project Fear hit market sentiment?”
EUR/USD to 1.06 by end September – CIBC
EUR/USD has traded in a very frustrating range for quite some time. Will it break? The team at CIBC sees the world’s most popular currency pair grinding lower: Here is their view, courtesy of eFXnews: Despite the obvious concern regarding Brexit-related headwinds impacting the Eurozone economy, the ECB isn’t in a rush to ease policy further. … “EUR/USD to 1.06 by end September – CIBC”
GBP/USD: Trading the British Preliminary GDP
British Preliminary GDP, one of the most important economic releases, is published each quarter. GDP measures production and growth of the economy, and is considered by analysts as one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the pound. Here are all the details, … “GBP/USD: Trading the British Preliminary GDP”
3 FOMC previews: a hike coming only in December?
As the Federal Reserve begins its July meeting, expectations are low for any significant outcome for now. Here are opinions from SEB, Bank of America Merrill Lynch and UBS, which converge towards a December move, but also leave some room for surprises: Here is their view, courtesy of eFXnews: Preview: FOMC In Wait & See Mode; Our Call … “3 FOMC previews: a hike coming only in December?”
Earliest possible Fed rate hike would be December; annualized
In an interview with Mauricio Carrillo on FXStreet, I discussed the upcoming Fed decision, GDP, various Brexit implications and more: The interview was originally published here or you can read it below: Do you think the Federal Reserve will offer any hint for an interest rate hike in the next months? The Fed is unlikely to provide … “Earliest possible Fed rate hike would be December; annualized”
3 Reasons To Expect These 3 Easing Measures From The
The Bank of Japan meets this week amid high expectations and talk about helicopter money. Nomura sees three reasons for three easing measures: Here is their view, courtesy of eFXnews: We expect the BOJ to decide on additional easing at the meeting this week (28-29 July), as widely anticipated by the market. Our economists expect the BOJ … “3 Reasons To Expect These 3 Easing Measures From The”
ECB to ease in September – 2 thoughts – will
Draghi tried not to rock the boat in the July meeting, but the door is certainly open for more easing. Will it send the euro lower? Here are opinions from SEB and Danske: Here is their view, courtesy of eFXnews: ECB To Extend QE Program After The Summer Break – SEB In line with our … “ECB to ease in September – 2 thoughts – will”