We are already in the month of December and it’s time to look beyond the huge events of December and into 2016. Here are Morgan Stanley’s top 10 FX trades for the year: Here is their view, courtesy of eFXnews: Morgan Stanley is out with its 2016 FX outlook and top 10 trades. The following … “Top 10 Forex Trades Trades For 2016 – Morgan Stanley”
Category: Opinions
Three things to watch ahead of the ECB Meeting; EUR/USD
With the ECB meeting ahead key for EUR/USD, Ryan Littlestone, Director and Trading Analyst at ForexLive, outlines three things to watch ahead of the Eurozone rate decision, and further shares the trade setup for the EUR/USD into Draghi’s speech. Three things to watch ahead of the ECB meeting Price data in manufacturing PMI’s Unemployment rates … “Three things to watch ahead of the ECB Meeting; EUR/USD”
China’s SDR Inclusion: What Does It Mean For G10
The Chinese authorities pushed for and received acknowledgement from the International Monetary Fund, and the yuan is now included in the IMF’s SDR. The rearrangement of SDR exposes one important currency which has a diminishing role. Here is their view, courtesy of eFXnews: On Monday, the IMF announced that China’s renminbi (CNY) will, from 1 October 2016, … “China’s SDR Inclusion: What Does It Mean For G10”
EUR/CAD: Full Circle
The Canadian Dollar saw its best against the Euro towards the end of April of this year at $1.31339 vs the Euro. The Loonie had steadily gained against the Euro in the days leading to and following the initiation of its expanded asset purchase program, 9 March. The Bank of Canada had reduced its key … “EUR/CAD: Full Circle”
USD/CAD: Trading the Canadian GDP Nov 2015
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 Tuesday at 13:30 … “USD/CAD: Trading the Canadian GDP Nov 2015”
Euro, Swiss Franc Still Vulnerable to Central Bank Actions
When we look at activity in the forex markets, most of the attention this year has been focused on the US Dollar as the greenback has risen to new long-term highs against a broad number of world currencies. But forex traders will need to look at other areas of the forex market in order to … “Euro, Swiss Franc Still Vulnerable to Central Bank Actions”
3 ECB Scenarios & EUR/USD reactions – UOB
Tension is growing towards the all important meeting of the European Central Bank. The team at UOB provides a table of scenarios and some explanations to the EUR/USD reactions: Here is their view, courtesy of eFXnews: In a note to clients, UOB Group outlines 3 broad scenarios for the ECB meeting next week that are likely and … “3 ECB Scenarios & EUR/USD reactions – UOB”
The ECB will not disappoint – downward pressure on
EUR/USD has already dipped on higher expectations for what Draghi has in store. The team at BTMU sees further downward pressure and sets a new range for next week: Here is their view, courtesy of eFXnews: The euro is likely to remain under downward pressure against the US dollar heading into the ECB’s upcoming policy meeting … “The ECB will not disappoint – downward pressure on”
The Case For Staying Core Short EUR/USD – ANZ
As we near the ECB meeting, the euro feels the pressure and many think: is it already priced in? The team at ANZ explore EUR/USD and provide a clear answer: Here is their view, courtesy of eFXnews: “The expectation of ECB policy easing has obviously been positive for euro area fixed income markets. Yields on short-dated … “The Case For Staying Core Short EUR/USD – ANZ”
AUD/USD: Trading the Chinese PMI Nov 2015
Chinese Caixin Flash Manufacturing PMI is based on a survey of purchasing managers in the manufacturing sector. Respondents are surveyed for their view of the economy and business conditions in China, and a reading which is higher than the market forecast is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes … “AUD/USD: Trading the Chinese PMI Nov 2015”