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Monthly archive August, 2016

USD Into NFP: Room For Further Upside Vs JPY, AUD – BNPP

Our economists expect Friday’s employment report to show robust payroll growth of 215k, which will put 3m average job growth at a powerful pace of 254k.

Indeed, given strength in the last two reports, even a 125k result on Read More →

USD support continues, JPY pressured by next possible BoJ move

Major US equity indices were buoyed higher yesterday at close, sentiment in Asia was less convinced, and although the major equity indices were indeed higher the Japanese Nikkei suffered some mild declines.

Overall Japanese data released this morning showed Read More →

GBPUSD – British Pound Heading Lower Once Again

Key Points

  • The British Pound after testing 1.3280 versus the US dollar failed and collapsed.
  • There is Read More →

Market Pricing An Easy Victory For Clinton: USD & Rates Implications – BofA Merrill

Gridlock = Goldilocks

Our analysis suggests the market is pricing an easy victory for Hillary Clinton but a split Congress in the November elections. In other words, the market is pricing a high probability of continued gridlock in Washington. Read More →

AUDUSD – Downsides In Aussie Dollar Are Real And Here To Stay

Key Points

  • The Aussie dollar declined heavily recently against the US Dollar and looks set for more Read More →