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Monthly archive September, 2017

CHF: To Remain A Victim Of The Global Divergence Trade; Staying Long EUR/CHF – Credit Agricole

Credit Agricole CIB FX Strategy Research expects CHF to remain a main victim of the global divergence trade with the SNB staying comfortable with its accommodative policy stance.

"We expect the CHF to remain subject to downside risks, in Read More →

G10FX: Favor Long USD Vs Low Yielding Currencies; Buy JPY Crosses On Dips – ANZ

ANZ FX Strategy Research is out with 3 key takeaways on majors FX outlook going into Q4 of this year.

First, that the performance of the USD is set to become less uniform; and that a rebound from the Read More →

USDJPY – US Dollar To Beak 113.30 Vs Japanese Yen?

Key Points

  • The US Dollar made an upside move and traded above the 112.70 level against the Japanese Yen.
  • There is a key bullish trend line forming with support at 112.90 on the hourly chart of USDJPY.
  • Recently in the Read More →

CAD: Poloz Speech Confirms Our View Next BoC Hike Will Have A 2018 Stamp – CIBC

CIBC Research comments on today's speech by BoC Governor Poloz.

"In a speech to a St John's audience, the BoC head highlighted that he's aiming to proceed "cautiously" with more hikes, despite what's been more aggressive pricing from the Read More →