The US dollar is no longer sweeping the board, and actually losing out to some currencies. The changes are far from being even. Credit Suisse analyzes the situation and explains what’s next for the greenback: Here is their view, courtesy of eFXnews: Last week’s FOMC meeting decision saw the “patience” language removed but at the … “An Uneven USD Pullback; What’s Next? – Credit Suisse”
Category: Opinions
GBP/USD: Trading the UK Retail Sales March 2015
British Retail Sales is considered one of the most important economic indicators. A reading that is higher than the market forecast is bullish for the British pound. Update: UK retail sales + 0.7% – GBP/USD higher Here are all the details, and 5 possible outcomes for GBP/USD. Published on Thursday at 9:30 GMT. Indicator Background Retail Sales is the primary gauge of … “GBP/USD: Trading the UK Retail Sales March 2015”
Greater Uncertainty Now Infects The Dollar’s Path – JP
The US dollar reversed its gains following the dovish statement from the Fed. Was this an overreaction an opportunity to sell EUR/USD as some suspect? Or perhaps there is a real change? According to the team at JP Morgan, this now infects the dollar’s path. Here is their view, courtesy of eFXnews: “While the needle … “Greater Uncertainty Now Infects The Dollar’s Path – JP”
EUR/USD: Trading the German IFO Mar 2015
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 Mar 2015”
3 Reasons Why Selling EUR/USD Still Attractive – RBS
EUR/USD has gained quite a lot since it hit the lows of 1.0460 and even made a flash move above 1.10. However, not all are convinced that the move is real. The team at RBS lists 3 reason to continue selling EUR/USD. Here is their view, courtesy of eFXnews: Selling EUR/USD is still among the favorite … “3 Reasons Why Selling EUR/USD Still Attractive – RBS”
Stay Bullish USD/JPY; Don’t Fight The Tape In EUR/GBP –
Dollar/yen has been on the back foot due to the weakness of the US dollar and the Fed’s more dovish tone regarding rate hikes. Nevertheless, the team at Bank of America Merrill Lynch see the bullish trend intact. They also see interesting patterns in EUR/GBP: Here is their view, courtesy of eFXnews: USD/JPY decline from … “Stay Bullish USD/JPY; Don’t Fight The Tape In EUR/GBP –”
EUR/USD: Turning Points – Nordea
EUR/USD managed to bounce back, but it isn’t exactly stable right now: volatility is rising and the pair is looking for a new direction. The team at Nordea examine the turning points for the pair: Here is their view, courtesy of eFXnews: Blame the US economic data disappointments for the recent strength in USD and lower … “EUR/USD: Turning Points – Nordea”
AUD/USD: Trading the Chinese HSBC Flash Manufacturing PMI
Chinese Flash Manufacturing PMI (Purchasing Managers’ Index) 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. A reading which is higher than the market forecast is bullish for the Australian dollar. Here are all the details, and 5 possible … “AUD/USD: Trading the Chinese HSBC Flash Manufacturing PMI”
A New Phase Of The USD Bull Market; How To
The dollar suffered a blow across the board as Janet Yellen and her colleagues released dovish notes. Some see the beginning of the end for the USD rally, but this is certainly not the only opinion. The team at BNP Paribas discuss the new phase of the USD bull market: Here is their view, courtesy of … “A New Phase Of The USD Bull Market; How To”
Grexit chances are still low, but here are 5 points
A full month has passed since Greece and its European partners reached an agreement about a 4 month extension to its loans. Since then, Greece submitted a general list of reforms and negotiations continue. In the latest EU Economic Summit, Greece has been a significant issue, with top level meeting and denials about a Grexit from everybody. This is … “Grexit chances are still low, but here are 5 points”