The UK Claimant Count Change measures the change in the number of people claiming unemployment benefits. It provides a snapshot of the strength of the UK employment market. A reading which is better than the estimate is bullish for the pound. Here are the details and 5 possible outcomes for GBP/USD. Published on Wednesday at … “GBP/USD: Trading the UK Claimant Count June 2016”
Category: Opinions
Sell USD/JPY – Barclays Trade Of The Week
The yen enjoys safe haven flows and the USD will probably not enjoy a hawkish Fed.These are the main reasons for going short on Dollar/yen. Here are more reasons: Here is their view, courtesy of eFXnews: Currency investors should consider selling USD/JPY this week, advises Barclays Capital in its weekly FX pick to clients. “We recommend short … “Sell USD/JPY – Barclays Trade Of The Week”
GBP: Weaker By Christmas, In Or Out: How To Trade
The pound certainly suffered amid growing fears of Brexit and a worsening global situation. In or out, the team at SocGen sees further falls: Here is their view, courtesy of eFXnews: Less than two weeks before the referendum on UK membership of the EU leaves us even more hostage to fortune than usual, but we expect … “GBP: Weaker By Christmas, In Or Out: How To Trade”
EUR/USD, EUR/GBP, EUR/CHF: Levels For ‘Brexit’ Or ‘Bremain’ –
After the pound suffered yet another blow on Brexit fears, here is an updated map of risks for the main protagonists on both EU Referendum outcomes according to Danske: Here is their view, courtesy of eFXnews: There are now only 13 days to the UK’s EU referendum. Our base case has been and continues to be that the … “EUR/USD, EUR/GBP, EUR/CHF: Levels For ‘Brexit’ Or ‘Bremain’ –”
USD: An Early Warning Signal Or A Buying Opportunity? –
The US dollar has bounced back on “risk off” with the chances of Brexit rising. What’s next for the USD? The team at Credit Agricole analyzes. Here is their view, courtesy of eFXnews: The USD sold off across the board after much weaker May NFP than expected. The market reaction suggests that investors do not necessarily … “USD: An Early Warning Signal Or A Buying Opportunity? –”
EUR/USD En-Route To 1.16 on Fed – BNPP
The US dollar suffered a blow from the bad NFP and despite the recent recovery, the team at BNP Paribas do not see any strength for the greenback. And, they set a target for EUR/USD: Here is their view, courtesy of eFXnews: The weak May employment report has diminished the significance of Wednesday’s FOMC meeting next week, … “EUR/USD En-Route To 1.16 on Fed – BNPP”
Trading Sterling Around The Referendum Outcome – Goldman Sachs
The EU referendum is just around the corner and opinion polls are already moving the pound on a daily basis, overshadowing economic indicators. What is the trade? Not necessarily GBP/USD – there are other crosses as well: Here is their view, courtesy of eFXnews: As was the case for all major currencies, Sterling went up in … “Trading Sterling Around The Referendum Outcome – Goldman Sachs”
EUR/USD – Trading the UoM Consumer Sentiment
The University of Michigan Consumer Sentiment Index surveys consumer attitudes and expectations about the US economy. An increase in consumer confidence is a positive sign about the health of the economy and is bullish for the US dollar. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Friday at 14:00 GMT. Indicator … “EUR/USD – Trading the UoM Consumer Sentiment”
EU Referendum’s EUR collateral impact
The EU Referendum in the UK also has an impact on the main currency of the EU, the euro. The common currency could suffer or enjoy the impact. The team at Citi analyzes the potential move. Here is their view, courtesy of eFXnews: Whatever the outcome of the referendum, trading should expect contagion (both good … “EU Referendum’s EUR collateral impact”
EUR/USD: Difficult To See N-Term Direction; Targets Into June
The team at SEB tells us the frustrating truth: EUR/USD is stuck again. However, we have an end date for this, and hen things could turn different: Here is their view, courtesy of eFXnews: In our view, the timing of the next Fed rate hike will depend on the economy continuing to progress, the labour … “EUR/USD: Difficult To See N-Term Direction; Targets Into June”