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Monthly archive June, 2017

Here Are The Best FX Value Trades To Play Now – TD

Long CAD vs USD and AUD offer the best relative value trades to play around current levels, argues TD Research.

"The baseline for thinking about relative value trades is to buy currencies that are both cheap and have Read More →

USD: Non-Sustainable Patterns Patterns; A Reality Check In The Months Ahead – BofAML

Bank of America Merrill Lynch FX Strategy Research notes that rates and equities are pricing two very different scenarios for the US and the world economy more generally.

"Rates are pricing a very slow pace of Fed hikes and Read More →

AUDUSD – Aussie Dollar In Downtrend Below 0.7410-20 Vs US Dollar

Key Points

  • The Aussie Dollar made a downside move recently and traded below 0.7380 against the US Dollar.
  • There is a crucial bearish trend line with resistance at 0.7415 forming on the hourly chart of AUDUSD.
  • Today in Australia, HIA Read More →

Dollar climbs on strong ADP report

The dollar bounced back on Thursday following data showing the private sector in America added more jobs than expected in May, bolstering expectations for an interest rate hike this month.

The greenback climbed to a session high against its Read More →