Forex
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Monthly archive March, 2017
USD: Ugly Break Of DXY; What’s Next? SocGen
Societe Generale FX Strategy Research notes that the break of 99 in DXY is 'ugly' pointing to a break of 110 in USD/JPY which seems inevitable.
Elsewhere, SocGen argues that EUR/USD rally isn’t only about the USD setback following Read More →
USDCHF – US Dollar Remains Sell On Rallies Vs Swiss Franc
Key Points
- The US Dollar weakened below the 0.9900 level against the Swiss franc, and tested 0.9840.
- There are two bearish trend lines with resistance near 0.9880 formed on the hourly chart of USDCHF.
- In the US today, the Dallas Read More →
GBP: ‘Tick-Tock’: Room To Add To Shorts – BofA Merrill
Bank of America Merrill Lynch Research notes that with Article 50 now set to be triggered next week - 29 March - a look at positioning shows increased concern.
"Both our real money flow and our sentiment survey Read More →
