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Monthly archive March, 2017

AUD: ‘More Confidence’ Next Move Is Up But No Change In Rhetoric This Week – BofA Merrill

We now see a more compelling case for the RBA to begin normalizing policy next year taking into account stronger-than-expected GDP data and improved economic prospects. There has been a notable change in tone from the RBA this year as Read More →

NZDUSD – New Zealand Dollar Nervous, Eyes More Declines

Key Points

  • The New Zealand Dollar remained under heavy pressure ad traded below 0.7050 against the US Dollar.
  • The NZDUSD pair is currently following a monster bearish trend line with resistance at 0.7020 on the hourly chart.
  • Today, the New Read More →

Week Ahead: 3 Key Drivers Currently In Play In FX Markets – Credit Agricole

There are three key drivers of G10 FX markets at present.

The first is the Fed’s gradual policy normalisation, which has seemingly moved up a gear recently.

The second seems to be President Trump, who, at least for Read More →