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JPY: Will USD/JPY Retest 115 Or Break Below 108; What’s The Trade? – SocGen

Societe Generale Cross Asset Strategy Research argues that it’s too early to become a yen bull.

"In the near term, a re-test of USD/JPY 115 seems more likely than a decisive break below 108, the bottom of the current Read More →

NZD: AUD/NZD Divergence Trade Has Room To Extend Further – Nomura

Nomura FX Strategy Research argues that NZD is likely to remain on the back foot, with outgoing RBNZ Governor Wheeler repeating the bank’s view that a lower currency “is needed”.

In particular, Nomura thinks that NZD under-performance is likely Read More →

USD/JPY: Bullish But Top-Heavy Market To Persist; Where To Target? – BofAML

Bank of America Merrill Lynch FX Strategy Research still expects the USD/JPY to rise into year-end but the top-heavy market may persist for now as tensions over US politics and the North Korean situation may deepen into September.

"Our Read More →