Commodity currencies have made something of a comeback this month buoyed by a recovery in oil prices, but further strong gains versus USD are likely to be limited with the US interest rate cycle close to turning upwards. Jobs growth in the US has been powering along at over 200,000 a month for a year … “Further commodity currency gains versus USD could be limited”
Category: Opinions
Tsipras – Merkel needed for a resolution on Greece
Talks between Greece and its European partners are going on and on, with no resolution so far. Greece asks for some relief in austerity and the Germany says that the only way is to extend the current plan without any changes. Greece is now preparing an extension request that focuses only on the loan and that will probably differ … “Tsipras – Merkel needed for a resolution on Greece”
EUR/USD: One Last Push; USD/JPY: End Of 2-M Range? –
EUR/USD traded in range for quite some time. BofA Merrill Lynch thinks that bears should stay patient, with one more correction due before the downtrend resumes. They are also bullish on the greenback against the yen, and see USD/JPY resuming its uptrend: Here is their view, courtesy of eFXnews: EUR/USD, BofA thinks that while the correction … “EUR/USD: One Last Push; USD/JPY: End Of 2-M Range? –”
USD/JPY: Trading the US jobless claims Feb 2015
US Unemployment Claims, a key indicator, is released weekly. It measures the number of people who filed for unemployment for the first time during the previous week. A reading which is higher than the market forecast is bullish for the Japanese yen. Update: US jobless claims fall to 283K – better than expected Here are all … “USD/JPY: Trading the US jobless claims Feb 2015”
A strong dollar is unlikely to delay the Fed – SEB
The general notion is that the Federal Reserve is on track to hike in 2015, with June and September serving as the main time candidates. But can the strength of the greenback, weighing on inflation and exports delay the central bank from raising the interest rate? The team at SEB weighs in: Here is their view, … “A strong dollar is unlikely to delay the Fed – SEB”
EUR/USD: Trading The German ZEW Feb 2015
German ZEW Economic Sentiment is based on a monthly survey of institutional investors and analysts and their views of the German economy. A reading that is higher than the market forecast is bullish for the euro. Update: German ZEW Economic Sentiment at 53 – slightly below expectations Here are all the details, and 5 possible outcomes … “EUR/USD: Trading The German ZEW Feb 2015”
Where To Target The Squeeze In EUR/USD & Cable? –
The euro and the pound have made nice gains against the greenback. Can this continue a bit more? The team at Goldman Sachs analyzes the moves on the charts and sets the next targets: Here is their view, courtesy of eFXnews: Going into the end of last week, EURUSD has squeezed from its lows by … “Where To Target The Squeeze In EUR/USD & Cable? –”
EUR/GBP could reach 0.73 – BNPP
The British pound has been on the rise across the board, thanks to a few positive developments, including the BOE’s Inflation Report. The team at BNP Paribas says that sterling is set to sparle, provides charts and targets. Here is their view, courtesy of eFXnews: With the recent BoE Inflation report was more upbeat than … “EUR/GBP could reach 0.73 – BNPP”
Interview with Dan Blystone, update on Greece – Market
In this week’s episode we have the honor to speak to Dan Blystone of traderslog.com. We discuss a wide variety of topics with Blystone, ranging from current market conditions to technical patterns and lots more. In addition, we provide an update on Greece. Welcome to a new episode of Market Movers, presented by Lior Cohen of Trading NRG and Yohay … “Interview with Dan Blystone, update on Greece – Market”
Merkel marks 3 big achievements – will she change the
German Chancellor Angela Merkel can certainly pat herself on the back: in the last days towards state elections in Hamburg, she achieved quite a lot, and she is prepared as she can be. And after Sunday’s polls, will she be ready for a compromise with Greece on the Eurogroup meetings on Monday? Here are the Chancellor’s … “Merkel marks 3 big achievements – will she change the”