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Monthly archive July, 2016

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A Half-Justified Market Rally: Sell EUR & GBP Rallies – BofA Merrill
FX News 11046
8 years ago admin

A Half-Justified Market Rally: Sell EUR & GBP Rallies – BofA Merrill

Following the sharp sell-off after the Brexit vote, markets have rallied this week. Equities, EM, EUR and GBP are up; vol, JPY and USD down.

In our view, the market rally reflects in part the realization that Brexit is Read More →

USDCHF – US Dollar Positioning For More Losses
FX News 11046
8 years ago admin

USDCHF – US Dollar Positioning For More Losses

Key Points

  • US Dollar after climbing as high as 0.9834 against the Swiss Franc found sellers and Read More →
Osborne Abandons 2020 UK Budget Surplus Aim After ‘Brexit’
FX News 11046
8 years ago admin

Osborne Abandons 2020 UK Budget Surplus Aim After ‘Brexit’

Read More →
Week Ahead: Taking A Break From Brexit: What Are The Trades?
FX News 11046
8 years ago admin

Week Ahead: Taking A Break From Brexit: What Are The Trades?

Brexit should make the global outlook gloomier and we adjust our FX views accordingly. We slash our GBP forecasts, lower our projections for the European G10 currencies, maintain our bearish view on G10 commodity block and keep an overall constructive Read More →

EURCAD – Euro Face Tough Resistance Vs CAD
FX News 11046
8 years ago admin

EURCAD – Euro Face Tough Resistance Vs CAD

Key Points

  • Euro looks like following a downtrend versus the Canadian dollar and may head down in Read More →
GBPUSD – Can British Pound Recover?
FX News 11046
8 years ago admin

GBPUSD – Can British Pound Recover?

Key Points

  • British Pound continued to trade down versus the US Dollar, and even moved close to Read More →

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