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Monthly archive May, 2017

EUR: Mixed Signals From Investors ‘Positioning; What’s The Trade? – Nomura

Nomura FX Strategy Research notes that investors' positioning in the EUR sends mixed signals:

"FX-focused asset managers and equity investors are very long euros, while FX-focused hedge funds and bond managers are very short euros. Superficially, the latter appear Read More →

EURJPY – Euro Looks Set For More Losses Vs Japanese Yen

Key Points

  • The Euro moved down and traded towards the 124.70 support against the Japanese Yen.
  • There was a break below a major bullish trend line at 125.25 on the hourly chart of EURJPY.
  • Today in Japan, the Corporate Service Read More →

GBP weakens on softer data and as we approach General Elections

US equities closed in the positive yesterday, with comments from the minutes relased last wednsday helping the positive mood. The Fed’s plans to unwind the balance sheet were well recieved by investors.

The UK economic growth was less than Read More →

Oil, USD: Where To Target Oil & EUR/USD After OPEC Supply Cut – Danske

Danske Bank Strategy Research discusses its outlook for Oil and USD after the Organisation of Petroleum Exporting Countries (OPEC) decided today to extend the deal to cut oil production agreed last November for another nine months with effect from 1 Read More →