Menu

Monthly archive December, 2016

GBP: Least Vulnerable Among Its Peers Vs USD; Moderate Appreciation To Continue – Barclays

A period of relatively little economic data and elevated European political risks will likely offer a chance for moderate sterling appreciation versus the EUR, in our view. Sterling’s undervaluation (based on our BEER model and other indicator) and the UK’s Read More →

USDCHF – Can US Dollar Decline Further Vs CHF?

Key Points

  • The US Dollar after trading as high as 1.0304 against the Swiss Franc found sellers, and traded lower.
  • There was a bullish trend line formed on Read More →

USD: Could Tax Law Changes Lead To Further USD Strength? – BNPP

One potential source of dollar strength unrelated to monetary policy in the yearahead relates to potential changes in US corporate tax laws to encourage repatriation of cash trapped in offshore subsidiaries.

While much of the cash held by US Read More →

NZDUSD – Kiwi Dollar Heading Higher Vs USD?

Key Points

  • The New Zealand dollar after trading as low as 0.6862 against the US Dollar, traded higher.
  • There was a bearish trend line formed on the hourly Read More →

GBPJPY – Can British Pound Surpass 144.60 Vs Yen?

Key Points

  • The British Pound managed to rise from the 143.50 low against the Japanese yen.
  • The GBPJPY is currently correcting higher, but facing resistance near 144.60 and Read More →