GBP/USD has been hit by the BOE but has not gone too far. The pair still maintains the range. What are the long-term prospects for the pair? Here is their view, courtesy of eFXnews: BNP Paribas Research discusses GBP outlook in light of last week’s BoE policy decision. “We expect growth in the UK to … “GBP/USD to 1.25 during the next 6 months – BNPP”
Category: Opinions
USD/JPY: Still The Best Vehicle To Play US Tax Reform;
USD/JPY made an attempt to move to the upside, temporarily rising above 114.50, but retreated back under 114. What’s next? ING tackles the pair from a different angle. Here is their view, courtesy of eFXnews: ING FX Strategy Research is mildly bullish on USD/JPY around current levels on the prospects of US tax reform and expects the … “USD/JPY: Still The Best Vehicle To Play US Tax Reform;”
Companies Dabbling in Cryptos and Making Big Bucks
Cryptocurrency has gone beyond a speculative new trend and is being embraced worldwide by companies and investors. These digital currencies such as Bitcoin and Ethereum are rising in value and businesses are finding ways to benefit. There are many advantages these digital currencies provide to companies, whether they take small steps, such as accepting these … “Companies Dabbling in Cryptos and Making Big Bucks”
GBP/USD: Vulnerable To A Pullback On A Sell-The-Fact Reaction
In our preview of the Bank of England, we suggested that the recent rise may trigger a sell-off as the news comes out. Here is a similar view from TD: Here is their view, courtesy of eFXnews: TD FX Strategy Research discusses GBP outlook ahead of the BoE November policy meeting on Thursday. “We expect … “GBP/USD: Vulnerable To A Pullback On A Sell-The-Fact Reaction”
USD/JPY: Will It Break Free? What’s The Trade? – SocGen
Dollar/yen is moving higher, trading close to the cycle highs. Can it make the break? Here is the view from SocGen: Here is their view, courtesy of eFXnews: Societe Generale Cross Asset Strategy Research discusses USD/JPY outlook, noticing that real yield differentials are back in the driver’s seat. “Bond markets are showing every sign of … “USD/JPY: Will It Break Free? What’s The Trade? – SocGen”
USD/CAD: 4 Reasons To Sell The Loonie – CIBC
The Canadian dollar is still licking its wounds after the BOC’s dovish stance. What’s next? The team at CIBC sees big moves for the loonie. Here is their view, courtesy of eFXnews: CIBC Research argues that CAD is an attractive sell targeting a move in USD/CAD around 1.33 y end of Q1 of 2018. “The Canadian … “USD/CAD: 4 Reasons To Sell The Loonie – CIBC”
Major Turning Point In Oil?
October 2017 – The Informed TraderDear Reader, This is part one of the first issue of the monthly newsletter “The Informed Trader”. I, Wian Stipp, am the head technical analyst at “4xTrading.co.uk”, a trading school with plenty of free resources. I want to thank Forex Crunch for giving me the opportunity to post on their … “Major Turning Point In Oil?”
The New European Order: The Concerning Rise of Populist
Along with the tide of immigration from Africa and the Middle East into the wealthier, more “optimistic” countries of Europe, where these penniless, war-embattled immigrants have been headed, there has been a parallel rise in political instability. The wealthiest countries of Europe – mainly Germany and France – have sought to bear the burden of … “The New European Order: The Concerning Rise of Populist”
GBP, EUR and USD the stars of the week – Credit Agricole
The Federal Reserve and the BOE are convening while the euro is still responding to the ECB. What currencies are going to be the big movers? Here are the highlights of the week according to the team at Credit Agricole: Here is their view, courtesy of eFXnews: Credit Agricole CIB FX Strategy Research discusses the … “GBP, EUR and USD the stars of the week – Credit Agricole”
GBP/USD: potential to rise? Two opinions
The pound enjoyed the upbeat UK GDP growth for Q3, that climbed up to 0.4%. Is the BOE set to begin a full tightening cycle that will send Sterling higher? Here are two opinions. Here is their view, courtesy of eFXnews: GBP/USD: In A Range N-Term Before Higher; Where To Target? – ING ING FX … “GBP/USD: potential to rise? Two opinions”