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Monthly archive November, 2016

AUD/NZD: Scope For A Slip Into 1.02 Next Week: Use To Reload Longs – ANZ

AUD/NZD will come into sharp focus in the week to come as it approaches key support levels once again.

Our concern is that it could once again slip back towards the 1.02 level. However, we think this level should Read More →

Dollar tumbles despite rate hike expectations

The dollar's woes deepened on Thursday as FX positioning ahead of next week's U.S. presidential election overshadowed the Federal Reserve's latest FOMC decision, where policymakers signaled they were on track to hike rates next month.

The greenback gave up Read More →

EUR/CHF: SNB Intervention On Radar; EUR/USD: Make Or Break Around 1.1080-1.11 – Nordea

The USD started the month dropping broadly, in particular the CHF performed well: the USD/CHF drop pulled the EUR/CHF to below 1.08, where we think the SNB intervenes more actively. SNB’s Jordan was out to reiterate that the CHF is Read More →

Political jitters overshadowing USD fundamentals

The USDJPY continues to head lower this morning, currently trading at 103.81 possibly eyeing a convergence of Daily Moving Averages around 102.80 levels. Yesterday the BoJ left policy unchanged and looked unlikely to act soon despite reducing its inflation forecasts Read More →