German Ifo Business Climate is a monthly composite index of about 7,000 businesses, which are surveyed about current business conditions and their expectations concerning economic performance over the next six months. A reading which is higher than the estimate is bullish for the euro. Here are all the details, and 5 possible outcomes for EUR/USD. … “EUR/USD: Trading the German IFO Business Climate”
Category: Opinions
USD: Trading The FOMC Dots – Deutsche Bank
Towards the all important Fed decision (see all the updates) and the expected high volatility, here is a view from Deutsche Bank about the dot plot. When markets look beyond the initial hike, this is the first place to look at: Here is their view, courtesy of eFXnews: The Fed will maintain maximum ‘optionality’ to … “USD: Trading The FOMC Dots – Deutsche Bank”
USD: Trading The Fed – Morgan Stanley
Today is Fed Day (see all the updates) and the next direction for the dollar remains somewhat mysterious. Here is the view from Morgan Stanley: Here is their view, courtesy of eFXnews: Barring a shock, the FOMC will lift the federal funds rate for the first time in nearly a decade on Wednesday, says Morgan Stanley. … “USD: Trading The Fed – Morgan Stanley”
Pre-FOMC: Time To Hike – SEB
Towards the all important Fed decision, here is a preview from SEB, that covers the main points. Where will the US dollar stand afterwards: Here is their view, courtesy of eFXnews: LIFTOFF ALMOST GUARANTEED. In all likelihood, the Fed will raise the fed funds rate by 25 basis points thus taking the target range to … “Pre-FOMC: Time To Hike – SEB”
GBP/USD: Trading the British Wages Dec 2015
British 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. Updates: 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 is closely watched by analysts, and as … “GBP/USD: Trading the British Wages Dec 2015”
Loonie To Languish Longer; Aussie Appreciation Overdone – CIBC
Commodity currencies have struggled between their internal strengths and the falling prices of commodities. What’s next? Here is the view from CIBC on the Canadian and Australian dollars: Here is their view, courtesy of eFXnews: The following are CIBC’s latest weekly outlook for the CAD and AUD. Loonie to Languish Longer: As the economy rebounded in … “Loonie To Languish Longer; Aussie Appreciation Overdone – CIBC”
AUD: Diving Into The Housing Market; Where To Target? –
The Australian dollar rattled and rolled, enjoying the blockbuster jobs report but with some seeing a short AUD/USD trade. The team at Credit Suisse dive into a sector sometimes overlooked in the land down under: housing. Here is their view, courtesy of eFXnews: Australia’s housing market has been one of the country’s few bright spots … “AUD: Diving Into The Housing Market; Where To Target? –”
EUR/USD: Unto The Breach; Where To From Here? – Credit
EUR/USD is certainly looking for a new direction after the ECB bounce. What’s next into the Fed? The team at Credit Suisse weighs in: Here is their view, courtesy of eFXnews: The hawkish ECB outcome – at least relative to where the market felt the central bank had guided expectations – led to EUR jumping across the … “EUR/USD: Unto The Breach; Where To From Here? – Credit”
Best Counter-Trend Technical Trade For 2016: Sell USD/CAD –
The Canadian dollar suffered from falling oil prices, but its fate could change. The team at Bank of America Merrill Lynch explain: Here is their view, courtesy of eFXnews: If USD/CAD reaches 1.39, we suggest a short trade with a stop of 1.4225 and target of 1.30. A combination of long-term exhaustion, momentum divergence and … “Best Counter-Trend Technical Trade For 2016: Sell USD/CAD –”
A Hike Is A Hike; Stay Long USD Into FOMC – BNPP
Many suspect that the expected Fed hike is already priced in, leading to a “buy the rumor, sell the fact” reaction. Is it really so? Here is the view from BNP Paribas: Here is their view, courtesy of eFXnews: BNP Paribas expects the US Federal Reserve to hike rates by 25bp on Wednesday (16 December) and … “A Hike Is A Hike; Stay Long USD Into FOMC – BNPP”