Monthly archive September, 2017

EUR/USD: 3 Technical Bearish Signals Support Short Trade – BofAML

On August 31, Bank of America Merrill Lynch FX Strategy Research Research opened a short EUR/USD spot trade from 1.1891 on that ground fundamentals, quant and technicals argued for a decline.

"EUR/USD has traded around our entry point but Read More →

EUR/USD: Sprinted Ahead Of Fundamentals: Where To Target? – Barclays

Barclays Capital FX Strategy Research notes that while strong euro area growth next year should keep the EUR on a medium-term upward trend, the common currency has temporarily outrun its fundamentals.

"While euro area rates have turned an important Read More →

USD mulls Trump’s tax reforms, gives in to some profit taking

The US Dollar peaked to month highs yesterday but finally closed the day in the negative. The US Dollar index, and index that measures the strength of the USD against a basket of 6 major currencies, hit session and highest Read More →