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Monthly archive December, 2017

Dollar abates as vote on tax bill postponed to Friday

The dollar was buoyant against the yen on Friday, despite losing some steam after hitting a 10-day high, as forex investors endured the wait for a vote on a U.S. tax reform bill.

USD/JPY extended its gains 112.69 its Read More →

USD/JPY: Range Trade For Now – EUR/USD: 1.1950 First Before 1.21 – SocGen

Societe Generale Cross Asset Strategy Research summarizes its outlook for USD/JPY and EUR/USD in the very near-term.

"USD/JPY will stay in its range for now, supported by a rise in US 10year TIPS to above 50bp, and by Read More →

EUR: Flows Still Supportive & EUR Still Cheap; Staying Long EUR/USD, EUR/CHF – Credit Agricole

Credit Agricole CIB FX Strategy Research discusses EUR outlook mainly from the flows front, and thinks that they still likely to support further EUR gains going into 2018.

"...These flows should remain supportive, as the EUR still looks cheap Read More →