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USD: ‘Against Consensus’: What’s The Trade For USD Bulls? – BofAML

Bank of America Merrill Lynch FX Strategy Research is not in line with the market's consensus on the expectations for the Fed hikes and the US tax reforms this year.

"The market is pricing a very slow Fed. We Read More →

AUD/USD: Make Or Break At The Lower Limit Of A Broad Triangle – SocGen

Societe Generale FX Technical Strategy Research notes that sine last year, AUD/USD has been evolving within a large base formation in the form of an inverted head and shoulders.

On the upside, SocGen notes that the recovery in the Read More →

Euro surges as France heads to the polls

The euro soared to a 6-month peak above 1.0980 on Thursday as support for the greenback following Wednesday's Federal Reserve statement faded. Forex investors grew confident following a French Presidential debate in which neither candidate delivered any fatal blows but Read More →

USDCHF – US Dollar Under Pressure Vs Swiss Franc

Key Points

  • The US Dollar moved down sharply after failing to break the 0.9950-60 resistance against the Swiss Franc.
  • The USDCHF pair broke a major support area at 0.9880 on the hourly chart to ignite sharp declines.
  • Recently in the Read More →

NZDUSD – Can New Zealand Dollar Continue To Hold 0.6850?

Key Points

  • The New Zealand Dollar collapsed recently towards 0.6850 against the US Dollar where it found support.
  • The NZDUSD pair is currently finding it hard to settle above a bearish trend line with resistance at 0.6875 on the hourly Read More →