A significant narrowing of the polls weighs on the pound, which failed to recover from the lows. Is all this speculation justified? Here is their view, courtesy of eFXnews: ANZ FX Strategy Research notes that the initial rally in sterling based on expectations of a landslide victory for PM May in the 8 June general election … “GBP: No Point Of Speculating On Elections Outcome; Sell”
Category: Opinions
CAD: A Couple Of Major Positives – Where To Target?
The Canadian dollar rocked and rolled on the OPEC meeting and awaits the GDP report. What’s next? Here is their view, courtesy of eFXnews: Societe Generale FX Strategy Research expect modest CAD upside over the medium-term on the back are a couple of major positives for the Canadian dollar. The first, according to SocGen, is that crude … “CAD: A Couple Of Major Positives – Where To Target?”
EUR/USD rally was fully justified, but can it break high
Our special focus is on euro/dollar, which gradually made its way to the upside. The odds are improving for the common currency. Politics looks better in the euro-zone, and that’s a novelty. But the dollar is also lagging behind on growth and the travel of direction for central banks, even if the US has a … “EUR/USD rally was fully justified, but can it break high”
GBP: What Would A Labor Win Mean For GBP? – Nomura
the pound is on the back foot, partially due to the downgrade of GDP. In the meantime, campaigning is resuming and Labour continues to narrow its gap against the Conservatives. What does it mean for sterling? Here is their view, courtesy of eFXnews: Nomura FX Strategy Research notes that Conservative lead over Labor is falling and … “GBP: What Would A Labor Win Mean For GBP? – Nomura”
FOMC reactions – banks see June hike – are they correct?
The FOMC meeting minutes talked about hiking relatively soon, but did not provide a smoking gun and the US dollar dropped. Various commercial banks have reacted to the publication, which also consists of talk about a reduction in the balance sheet. Nevertheless, a hike in June is a common thread. Are they correct? Here is … “FOMC reactions – banks see June hike – are they correct?”
CAD: Busy 24 hours with the BOC and OPEC
The Canadian dollar recovered after the big blows, thanks to the bounce in oil prices. Will OPEC deliver on May 25th? The loonie also faces the Bank of Canada, which may be more dovish given the recent slide in inflation. What can we expect? Here are four opinions: Here is their view, courtesy of eFXnews: CAD … “CAD: Busy 24 hours with the BOC and OPEC”
EUR/USD: Rallied ‘Very Far, Very Rapidly’ – What’s Next?
EUR/USD reached a new high of 1.1267, just 33 pips short of the US elections high of 1.13. Did it go up too fast? Here is their view, courtesy of eFXnews: Danske Bank FX Strategy Research notes that EUR/USD has moved very far, very rapidly in a very short period on the ongoing accelerated repricing of both … “EUR/USD: Rallied ‘Very Far, Very Rapidly’ – What’s Next?”
![AUD/USD: balance tilted to the downside [Video]](https://investinearth.org/wp-content/uploads/2017/05/Fotolia_27144918_S-351x185.jpg)
AUD/USD: balance tilted to the downside [Video]
The Australian dollar moved with iron ore prices, and this meant a downfall. The pair has more room to the downside, but not necessarily on commodity prices. We focus on housing issues in the land down under and also discuss other topics related to this pair. AUD/USD is our currency of the week: Get the … “AUD/USD: balance tilted to the downside [Video]”
USD: What To Expect From Next Week’s FOMC Minutes? –
The Federal Reserve releases its minutes from the May meeting. At the time, Yellen and her relatively sanguine about the economic downturn and saw it as transitory. What can we expect from the minutes? Here is their view, courtesy of eFXnews: The focus of USD investors will be on next week’s FOMC minutes from the May … “USD: What To Expect From Next Week’s FOMC Minutes? –”
USD: Biggest One Week Loss Since Nov; What’s The Trade?
The US dollar certainly suffered from the revelations about Trump’s alleged intervention with the FBI investigation. What’s next? Here is their view, courtesy of eFXnews: TD Research notes that the USD is set to post its biggest one-week loss since November amid a rise in political uncertainty and the associated risks to economic growth and … “USD: Biggest One Week Loss Since Nov; What’s The Trade?”