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GBP: Market Still Short & Sterling Still Cheap – BNPP

BNP Paribas FX Strategy Research notes that that market positioning in the GBP appear to have been unwound somewhat following the announcement of a June UK general election.

Despite that, BNPP notes that market positioning remains significantly short GBP, Read More →

CADJPY- Risk On Sentiment Pushing CAD to JPY Higher

Key Points

  • The Canadian Dollar gained traction and moved above 81.50 against the Japanese Yen, considering the positive French election outcome.
  • The CADJPY pair is now well above a bearish trend line with resistance at 81.05 on the hourly chart.
  • Read More →

Investoo Group Acquires 100ForexBrokers.com

Investoo Group, one of the world’s biggest FX affiliates, has announced the purchase of 100ForexBrokers.com. It is the Group’s largest acquisition to date.

100ForexBrokers.com, launched in 2012, is one of the world’s biggest Forex broker comparison sites with 60,000+ unique Read More →

AUD: Focus On Inflation Data This Week – Credit Agricole

Credit Agricole CIB FX Strategy Research notes that the main domestic focus for the AUD in the coming week will be Australian CPI data, where the market looks for further acceleration in inflation but for underlying inflation (which is what Read More →

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