The euro is on a roll following the French elections and hopes for a more upbeat ECB tomorrow. What does this mean? Here are two banks suggesting buying dips in EUR/USD and EUR/JPY: Here is their view, courtesy of eFXnews: EUR: Investors Shifting To A Buy-The-Dip Strategy: Levels & Targets – ING ING FX Strategy Research … “EUR: Dip buying is the way to go – two opinions”
Category: Opinions
Seismic Shift In Fundamentals Points to Higher EURUSD
USD Perspective Into the close of last year price action was functioning on the dynamic of expectations of euro zone political turmoil weighing on EUR and “Trump-flation” supporting USD. Fast forward four months and we have seen a stark break down in this dynamic and a reversal in direction for EURUSD. Donald Trump’s election was … “Seismic Shift In Fundamentals Points to Higher EURUSD”
AUD/USD: Trading the Australian CPI
Australian CPI (Consumer Price Index), which is released each quarter, 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 on Wednesday at 1:30 GMT. … “AUD/USD: Trading the Australian CPI”
EUR/USD: what’s next after the French elections? Two opinions
Macron topped the first round of the French elections and the euro rallied. We described the levels to watch out for. Here are two opinions Here is their view, courtesy of eFXnews: EUR/USD: ‘The Trend Has Turned’ – SocGen Societe Generale FX Strategy Research discusses the EUR outlook after the market-friendly outcome for the first round of … “EUR/USD: what’s next after the French elections? Two opinions”
EUR/USD levels to watch after the favorable first French
Market favorite Macron is now leading the real vote as well as the exit polls. As the centrist cements his lead, it is time to look at the bigger picture for the common currency. EUR/USD is already the exit polls. The pair is trading just above 1.09 as trading volume remains thin. It has peaked … “EUR/USD levels to watch after the favorable first French”
How Le Pen could enter the Élysée Palace – a
President Marine Le Pen has a low chance but could pose a huge risk. The extreme-right candidate calls for a referendum on “Frexit,” a French exit of the euro. The probability is very low, but the risk is enormous, as there is no euro without France, the core of the core. Yet here is a scenario in … “How Le Pen could enter the Élysée Palace – a”
EUR/USD: Trading the First Round Of French Elections –
EUR/USD is holding its breath but beginning to show signs of worry towards the French elections. What’s the trade? Here is their view, courtesy of eFXnews: Going into the first round of the French elections on Sunday, BTMU FX Strategy Research’s base case for a higher EUR is mainly based on the assumption that neither … “EUR/USD: Trading the First Round Of French Elections –”
GBP: To Stay Supported; Still 11% Undervalued – Barclays
Pound/dollar got a significant boost from the announcement about the elections on June 8th, unleashing a massive short squeeze. What’s next? There is a lot of room to go. Here is their view, courtesy of eFXnews: Barclays Capital FX Strategy Research expects the GBP to remain supported going into the snap UK general election but notes … “GBP: To Stay Supported; Still 11% Undervalued – Barclays”
GBP/USD: Trading the UK Retail Sales
UK 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. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Friday at 8:30 GMT. Indicator Background Retail Sales is the primary gauge of consumer spending, a critical component of economic … “GBP/USD: Trading the UK Retail Sales”
EUR to have a Brexit-type Pound-collapse if Le Pen wins
In an interview with FXStreet, we discussed everything related to the French presidential elections. The top political market mover of the year is watched with great tension by EUR/USD traders and could have a long-lasting impact on the common currency and the European Union. You can read the interview at its original publication here or below: How … “EUR to have a Brexit-type Pound-collapse if Le Pen wins”