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Monthly archive May, 2016

USD: Data Flow Turns Heavily This Week – Credit Agricole

Fed rate expectations were little changed over the past week but they maintained their elevated levels. Global risk sentiment improved further on the back of more upbeat US data, with both lending support to the USD rally.

Data flow Read More →

Yellen remarks bolsters odds for summer rate hike

Wall Street shares closed higher Friday, recording a solid week of gains, after Federal Reserve Chair Janet Yellen said an interest rate hike in the next few months would probably be appropriate. The dollar rose to a one-month high against Read More →

AUDUSD – Aussie Dollar To Remain Under Pressure

Key Points

  • The Aussie Dollar tumbled recently vs the US Dollar, and may remain under a bearish Read More →

EURGBP – Is This A Recovery Time For Euro?

Key Points

  • The Euro after trading as low as 0.7589 vs the British Pound started to recover.
  • Read More →

EUR Into Next Week’s ECB: Buy EUR/CHF, Sell EUR/GBP – Credit Agricole

Although, from a broader angle, it has been range-bound, the EUR has been under pressure of late. This appears to be on the back of external factors such as rising Fed rate expectations or falling EU-referendum-related uncertainty. Elsewhere, improving risk Read More →