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 00:30 GMT. Indicator Background Job creation is one … “AUD/USD: Trading the Australian Employment Change”
Category: Opinions
EUR: Drivers & Trading Strategy For Next 3 Months –
The ECB’s huge stimulus package backfired and sent EUR/USD higher, but can this last? There are also other factors in play for the common currency. Here is the view from Nomura: Here is their view, courtesy of eFXnews: Over the next three months or so, EUR trading will likely depend on three factors: i) efficacy of the … “EUR: Drivers & Trading Strategy For Next 3 Months –”
GBP/USD: Trading the UK Average Earnings Index
UK Average Earnings Index, released each month, is a leading indicator of consumer inflation. A reading which is higher than the market forecast is bullish for the pound. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Wednesday at 9:30 GMT. Indicator Background The Average Earnings Index measures wage growth and is closely watched by … “GBP/USD: Trading the UK Average Earnings Index”
3 reasons to sell EUR/USD – structural bearishness
EUR/USD is beginning to climb down the Draghi-backfire tree but around 1.11, it still remains elevated. The team at Morgan Stanley explain why they expect further downside. Here are their 3 reasons: Here is their view, courtesy of eFXnews: We remain bearish on EUR on a structural basis, looking for a move to parity against USD … “3 reasons to sell EUR/USD – structural bearishness”
CAD: Rebound Going Too Far – CIBC
The Canadian dollar rallied hard and was only temporarily moved by weak employment figures. Has it gone too far? Here is their view, courtesy of eFXnews: We’ve had evidence that a weak C$ finally started lifting manufacturing shipments, export volumes and GDP generally towards the end of last year. However, the strong rebound in the … “CAD: Rebound Going Too Far – CIBC”
EUR/USD: Turning Bullish; Range & Outlook – BTMU
The ECB gave a lot but it was not enough. What’s next? The team at BTMU sees the bullish side: Here is their view, courtesy of eFXnews: The euro has strengthened sharply following the ECB’s announcement of more aggressive easing, notes BTMU. “The counter intuitive reaction sends a bullish signal for the outlook for the … “EUR/USD: Turning Bullish; Range & Outlook – BTMU”
EUR/USD: Don’t Expect Downside To Resume Now: Here Is
The ECB delivered a lot, but nothing is enough for the euro. What’s next? Here is the view from BNP Paribas: Here is their view, courtesy of eFXnews: The ECB delivered significant easing measures on Thursday, lowering its depo rate by 10bp, cutting its refi rate by 5bp, increasing the run rate of asset purchases, … “EUR/USD: Don’t Expect Downside To Resume Now: Here Is”
ECB: Emptying Mario’s Cart – CIBC
Fresh off the wild EUR/USD moves on the big ECB decision, here is the view from CIBC: Here is their view, courtesy of eFXnews: Having failed to live up to expectations late last year, the ECB today stepped up with stimulus that actually went beyond what was anticipated. The cut in the deposit rate further into … “ECB: Emptying Mario’s Cart – CIBC”
Draghi expected to do even more, Outlook for Bund,
‘Draghi’, and ‘Why people are opting for bonds’ are the key topics in today’s discussion with Nicole Elliott, Private Investor and Technical Analyst, when she joined Zak Mir, Technical Analyst for Zaks Traders Cafe, and Mike Ingram, Strategist for BGC Partners, on the Tip TV Finance Show. Key Points: “2-yr government paper Schatz: Yields are … “Draghi expected to do even more, Outlook for Bund,”
Trading ECB: Cheat Sheet & Bottom Line For EUR/USD –
The ECB meeting is drawing near and here is a quick and short preview from SocGen: Here is their view, courtesy of eFXnews: 1. Deposit rate: current -0.30% SG forecast: -20bp to -0.50% Consensus: -10bp Forecast range: no change to -20bp 2. Asset purchase programme : current €60bn/month until March 2017 (sovereign, ABS, CB) SG forecast: no … “Trading ECB: Cheat Sheet & Bottom Line For EUR/USD –”