Canadian GDP is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the Canadian dollar. Here are all the details, and 5 possible outcomes for USD/CAD. Published on Thursday at 12:30 … “USD/CAD: Trading the Canadian GDP”
Category: Opinions
Further Brexit damage for AUD, NZD?
The big Brexit decision certainly has ramifications on markets even on lands far far away. Will we see rate cuts in Australia and New Zealand? Here are opinions from Barclays and ANZ: Here is their view, courtesy of eFXnews: Post-Brexit: We Now Expect The RBA To Cut Rates In August – Barclays We had expected RBA … “Further Brexit damage for AUD, NZD?”
Has GBP/USD stabilized or can it further fall? Two
Following Brexit, the pound suffered quite a bit. However, today we are seeing some stabilization. Can it recover? Here are views from Goldman Sachs and SocGen: Here is their view, courtesy of eFXnews: GBP/USD, EUR/USD, EUR/GBP: Post-Brexit Targets – Goldman Sachs The decision of the majority of the UK voters to Leave the EU changes … “Has GBP/USD stabilized or can it further fall? Two”
Nobody wants to push the Brexit Button – Will Bregret
Article 50 of the European Treaty triggers fear among British policymakers. It seems that nobody wants to touch it with a barge pole. Will the Bregret turn into a Bremain instead of Brexit? David Cameron quickly quit on Friday after the official Brexit and also refrained from committing to pulling the trigger on the Brexit. He said it will up to … “Nobody wants to push the Brexit Button – Will Bregret”
EUR/USD: Trading the US Final GDP
US Final GDP is a key release and is published each quarter. GDP reports measure production and growth of the economy, and are considered by analysts as one the most important indicators of economic activity. A reading which is higher than the market forecast is bullish for the dollar. Here are all the details, and 5 possible outcomes for … “EUR/USD: Trading the US Final GDP”
EUR/USD has more room to the downside – 2 opinions
The Brexit fallout continues and the collateral damage is also felt in the euro. Here are downwards looking forecasts. Here is their view, courtesy of eFXnews: Post-Brexit: EUR/USD Towards 1.07-1.09 Before Bottoming Out – Danske Don’t Buy EUR/USD At Current Levels – Credit Agricole We expect the single currency to remain subject to downside risks. This is especially … “EUR/USD has more room to the downside – 2 opinions”
Further GBP Downside; Sharp FX Moves Next Few Days –
After the Brexit, we had a sharp fall of the pound with a significant bounce. More falls may come, say the people at Goldman Sachs: Here is their view, courtesy of eFXnews: Given the potential global ramifications of the UK vote and its effect on central banks’ policies, we also place our FX forecasts under review. We will … “Further GBP Downside; Sharp FX Moves Next Few Days –”
Forget about Fed hikes – rate cut in September?
The UK decided to leave the EU in a move that shocked global markets. This has wide implications beyond the shores of the UK and the EU. It could even tip the world into a recession. There are many open questions after the UK vote to leave. How will trade continue between the UK and the rest of the … “Forget about Fed hikes – rate cut in September?”
Brexit Fallout: US dollar likely to emerge the winner
A rising dollar once again! Would that be good or bad for the US economy? As Britain voted on June 23rd to part ways with the EU, besides the yen and the gold safe havens, the US dollar also emerged as one of the beneficiaries. While the recent Fed rate hike narrative has been the … “Brexit Fallout: US dollar likely to emerge the winner”
Do these 3 things if you opt to jump on the Brexit train
Brexit odds are rising: GBP/USD is crashing, things are looking cruel as more votes for leave are gaining ground. The initial big fall came from Sunderland after a push from Newcastle. Since then, the pound found some stability but fresh results push things lower. Update: UK leaves the EU – it is official – expect more … “Do these 3 things if you opt to jump on the Brexit train”