Category: Opinions

In an interview with FXStreet I discussed the meaning of the Fed minutes, the impact on stock markets, what currencies to buy on a Brexit and the mysterious weakening of the Swiss franc. Here goes: Do you believe in the June rate hike chance the FOMC Minutes expressed? I remain skeptical about a June rate hike. If the … “Buying USD and JPY much better choices than EUR in”

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The Australian dollar has seen better days and here are two opinion saying it could fall even more, and not only against the greenback. An assault on the lows? Here is their view, courtesy of eFXnews: AUD/USD: Staying Short Targeting Late Feb Lows – Credit Suisse AUD/USD continues to consolidate but, whilst still capped beneath … “AUD bears are coming – 2 opinions”

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The latest Real Clear Politics polling average already shows a dead-heat race between Hillary Clinton and Donald Trump. The candidates are very different not only in foreign policy but also for markets. We discuss the potential for currency markets in the road to the November elections. Politics will play a bigger role in moving markets. … “What Trump vs. Clinton means for currencies [Video]”

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Existing Home Sales report is a leading indicator of housing activity. The indicator is released on a monthly basis, and helps analysts track consumer spending. A higher reading than that expected by the market is bullish for the dollar. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Friday at 14:00 GMT. … “EUR/USD: Trading the Existing Home Sales”

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The dollar had a very nice ride on the hawkish minutes which included the word “June” 6 times. However, we have already posted some skeptic voices, and here’s yet another one: Here is their view, courtesy of eFXnews: The USD has continued to trade with a firmer tone after Wednesday’s FOMC minutes signalled a significantly more … “3 Reasons To Fade USD Gains Post-FOMC Minutes – BNPP”

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The Fed minutes opened the option for a June rate hike and lifted the greenback across the board, with notable moves in EUR/USD, AUD/USD and USD/CAD. What’s next? Is a June hike a certainty? Here are 3 opinions: Here is their view, courtesy of eFXnews: USD Post-FOMC Minutes: Options Open – BofA Merrill The April minutes of the … “Fed Drama and the dollar – 3 opinions”

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If this was an opportunity to keep a June hike on the cards, the Fed certainly took it. We were skeptical, but the dollar certainly reacted positively, even if a hike is not a done deal. In any case, here are two different opinions: Here is their view, courtesy of eFXnews: FOMC Minutes: Hawkish Fed … “FOMC Minutes: Is it really enough for a June hike?”

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Australian Employment Change, which is released monthly, provides a snapshot of the health of the Australian labor market. A reading which is higher than the market forecast is bullish for the Australian dollar. Here are the details and 5 possible outcomes for AUD/USD. Published on Thursday at 1:30 GMT. Indicator Background Job creation is one … “AUD/USD: Trading the Australian Employment Change”

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The Canadian dollar and oil prices are well correlated and for a clear reason: Canada exports the black gold. Oil 33 is often the leader and the C$ follows. Economic indicators do have their impact on the currency, but when there’s nothing out of Canada, oil is the dominating force. However, even when various oil contracts … “Why is the Canadian dollar not rallying with oil prices?”

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Fresh opinion polls from the UK continue showing a very tight race between the Remain and the Leave camp. In fact, each poll can encourage a different camp and the undecideds can break both ways. The British political scene re-focuses on the June 23rd EU Referendum after a pause for the local elections. Prominent polling firms are … “Brexit polls remain tight – GBP and EUR hold on for now”

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