EUR/CZK: From floor to Ceiling?

At the previous Czech National Bank meeting, 24 September, it was decided to maintain a zero rate policy. More importantly “…The Bank Board also decided to continue using the exchange rate as an additional instrument for easing the monetary conditions and confirmed the CNB’s commitment to intervene on the foreign exchange market if needed to … “EUR/CZK: From floor to Ceiling?”

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What does the Fed Decision Mean for Emerging Market

The Fed FOMC meeting wrapped up on Wednesday 28 October 2015. While no interest-rate hike was introduced, the Fed made no mention of slowing global growth in its statement. A December rate hike is a very real possibility! The Latest Fed FOMC Decision Accelerates EM Currency Declines The Fed FOMC meeting held on the 27/28 … “What does the Fed Decision Mean for Emerging Market”

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Here Are The Strongest Seasonal FX Patterns In November

Every month has its unique characteristics and often seasonal patterns that tend to repeat themselves. The pound is of high interest in the upcoming month: Here is their view, courtesy of eFXnews: Among the G10 currencies, GBP has shown the highest tendency to depreciate against the USD, falling in 11 out of the last 15 years … “Here Are The Strongest Seasonal FX Patterns In November”

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USD has more room to rise post Fed – BofA Merrill

The Fed surprised with a hawkish tone including implying a rate hike in December in a more specific manner. The team at BofA Merrill Lynch see room for more rises from here. Here is their logic: Here is their view, courtesy of eFXnews: Going into the October FOMC meeting, markets were pricing the first Fed rate hike … “USD has more room to rise post Fed – BofA Merrill”

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USD/JPY: Trading The BoJ – RBS, Goldman Sachs

After we’ve certainly heard from the Fed, the next move in USD/JPY depends on the Bank of Japan. Here are forecasts from RBS and Goldman Sachs: Here is their view, courtesy of eFXnews: As attention is turning to the BoJ at the end of the week, RBS and Goldman Sachs examine the potential response of USD/JPY to … “USD/JPY: Trading The BoJ – RBS, Goldman Sachs”

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December Liftoff Remains On The Table – Nordea

The Fed not only put a Fed hike off the table put put it firmly on, also seeing the US economy with relatively rosy glasses. This led to a crash in EUR/USD on striking monetary policy divergence. Th team at Nordea provides a quick analysis of the event and its implications: Here is their view, … “December Liftoff Remains On The Table – Nordea”

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EUR/USD: Trading the US Advance GDP

US Advance GDP is a key release and is published each quarter. Advance GDP measures production and growth of the economy, and is considered by analysts as one the most important indicators of economic activity. A reading which is higher than the market forecast is bullish for the dollar. Update: US GDP at 1.5% – USD seems … “EUR/USD: Trading the US Advance GDP”

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[EURGBP] Bullish Mean Reversion Opportunity Via Inside Day Breakout

Today I would like to talk about a potential mean reversion situation on the EURGBP daily chart. Price has accelerated away from it’s mean creating the classic price-to-mean gap. The fast moving bearish price action was contained by a support level – where price has stalled and churned to create a bullish body inside day. If … “[EURGBP] Bullish Mean Reversion Opportunity Via Inside Day Breakout”

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AUD/USD: Trading the Australian CPI Oct 2015

Australian CPI (Consumer Price Index), which is released each quarter, is an inflation index which measures the change in the price of goods and services charged to consumers. A reading which is higher than the market forecast is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD. Published … “AUD/USD: Trading the Australian CPI Oct 2015”

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