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Monthly archive July, 2016

EUR/USD: If 1.0930 Fails, Downside To Be Limited To 1.08 – Nordea

We saw more USD strength last week, which I think partly reflects lingering global growth concerns, due to Brexit and what not. I would not fight the USD now. Especially so, as with the recent few weeks of strong US Read More →

Can The Equity Market Rally Extend Further From Here? – Goldman Sachs

Can the equity market rally extend further from here? We see fading tailwinds.

Relative to the pre-Brexit starting point, the reversal of the defensive rotation post-Brexit seems about done. While more positive growth news could provide an additional lift, Read More →

Week Ahead: Market’s Expectations Into FOMC & BoJ – Credit Agricole

One month since the Brexit referendum, the USD appears to be once again in the driver’s seat. However, the complexion of the FX markets has been somewhat different than anticipated, with risk sentiment proving resilient, and the combination of strong Read More →