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Monthly archive January, 2017

USD/JPY: Long Position Offers Best Risk-Reward Under Various Scenarios – BofA Merrill

At the surface, the "Trump trade" unwind appears remarkably partial. While the higher dollar view has been challenged at the start of 2017, reflation trades including cyclical stocks and commodities have held up relatively well. The answer, as we have Read More →

The “Buck” so far unable to buck the trend lower

The US Dollar continues within its swift descent today as well, as the first few days for Trump and the executive orders he has given, despite being business oriented have in some way also helped to fuel worries of US Read More →

GBPJPY – Can British Pound Break 141.50 To Resume Trend Vs Yen?

Key Points

  • The British Pound recently corrected lower from the 142.08 high against the Japanese yen.
  • There is a bearish trend line formed on the hourly chart of GBPJPY, acting as a resistance near 141.50, and preventing upsides.
  • Today in Read More →

USD/CAD: Caught In A ‘Tug-Of-War’: Where To Target? – Nomura

USD/CAD has been relatively volatile in recent weeks, oscillating between 1.30 and 1.36.

Many factors have been affecting CAD lately, both on the upside and the downside: the election of Donald Trump and the impact of his economic policies, Read More →