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Monthly archive January, 2017

CHF: SNB Balance Sheet Has ‘Ballooned’; Where To Target? – CIBC

There have been some growing concerns about the recent expansion of the SNB’s balance sheet. It now stands 30% larger than when the EURCHF peg was abandoned two years ago.

However, even though last month revealed the first reduction Read More →

Week Ahead: Long Dollars, Long Faces No More? – Credit Agricole

The USD’s recent lack of form is usually attributed to two factors. The first is market positioning, with investors sitting on extensive longs and awaiting more clarity on President Donald Trump’s economic stimulus. A second reason seems to be the Read More →

EUR Is The ‘Mini’ JPY: Heading Towards An ‘Ideal’ Environment For EUR Weakness – Morgan Stanley

The case for rising USD real rates. Falling DM productivity rates in conjunction with demographics boosting savings relative to consumption and globalisation has allowed DM real rates to decline over the past three decades. Lower real US rates were an Read More →

EURGBP – Euro Looks Set For More Declines Vs Pound

Key Points

  • The Euro dived recently against the British Pound and moved below the 0.8500 support.
  • There are two bearish trend lines formed on the hourly chart of EURGBP, acting as a resistance near 0.8500.
  • Today in the Euro Zone, Read More →