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EUR: A ‘EUR-Phoria’ Rally; What’s Next? – TD

TD Research notes that the EUR looks set to close out mid-year as the top performing currency in G10 on the back of deep undervaluation and the prospects for policy normalization later in the year which have provided a tail Read More →

EUR/AUD, EUR/NZD: To Remain Supported On Dips; More Upside In EUR/NZD – Nomura

Nomura FX Strategy Research expects further rallies in EUR/AUD and EUR/NZD.

"We anticipate a re-test of the early June highs in EUR/AUD. That said, the pace of appreciation is likely to be slower than the swift move up observed Read More →

USDCHF – US Dollar Pressured Below 0.9640 Vs Swiss Franc

Key Points

  • The US Dollar fell sharply lower recently and moved below 0.9660 against the Swiss Franc.
  • There was a break below a crucial bullish trend line at 0.9700 on the hourly chart of USDCHF.
  • Today in the US, the Read More →