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USD, EUR, JPY, GBP, CHF, CAD, AUD, NZD: Weekly Outlook – Morgan Stanley

USD: Verbal Intervention Poses Near-term risks. Neutal.

Given the increased focus from Trump officials on the strong USD, we think it may be difficult to trade USD from a short-term perspective. Administration comments risk other countries turning towards a Read More →

Week Ahead: USD In A Different Kind Of War, Trading RBA, RBNZ, & The Final Vote On Article 50

The Trump trade continues to unravel as the new Administration picks at the low-hanging fruit of protectionism and leaves the harder, more positive agenda of tax reform, deregulation and infrastructure spending to a later date. Investors are becoming increasingly concerned Read More →

GBP: ‘No Fallback Options For Hard Brexit’; We Stay Core Short Sterling – Deutsche Bank

A positioning squeeze coupled with a broader dollar sell-off has made holding sterling shorts painful this year. We’re unconvinced the rally is sustainable.

Article 50 negotiations should start badly. The likely date for talks to begin is the 9th Read More →

AUDNZD – Aussie Dollar Poised For More Gains Vs NZD

Key Points

  • The Aussie dollar remained in an uptrend against the Kiwi dollar, and may trade above 1.0520.
  • There is an ascending channel pattern formed on the hourly chart of AUDNZD with support at 1.0500.
  • Today in Australia, the AiG Read More →