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Monthly archive May, 2017

EUR/USD: Fade N-Term Strength & Scale Back In On Dips – TD

TD FX Strategy Research doesn't expect much upside in EUR/USD on a Macro victory in the second round of the French election on Sunday arguing that markets have already largely discounted such an outcome.

On the valuation front, Read More →

USD: ‘Against Consensus’: What’s The Trade For USD Bulls? – BofAML

Bank of America Merrill Lynch FX Strategy Research is not in line with the market's consensus on the expectations for the Fed hikes and the US tax reforms this year.

"The market is pricing a very slow Fed. We Read More →

AUD/USD: Make Or Break At The Lower Limit Of A Broad Triangle – SocGen

Societe Generale FX Technical Strategy Research notes that sine last year, AUD/USD has been evolving within a large base formation in the form of an inverted head and shoulders.

On the upside, SocGen notes that the recovery in the Read More →

Euro surges as France heads to the polls

The euro soared to a 6-month peak above 1.0980 on Thursday as support for the greenback following Wednesday's Federal Reserve statement faded. Forex investors grew confident following a French Presidential debate in which neither candidate delivered any fatal blows but Read More →