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Monthly archive October, 2017

EUR/CHF: Slowly Recovering; Where To Target? – ING

ING FX Strategy Research notes that EUR/CHF has been slowly recovering from recent sell-off with support holding around 1.1400 level so far.

"The main event-driven threat to the EUR this week may come from Thursday's release of ECB minutes Read More →

RBA on hold for the 14th time; USD continues to stand tall

RBA leaves the cash target rate unchanged at 1.5% as expected earlier this morning, its last rate move now dates back to August 2016. Markets are expecting 2 rate rises in 2018 on the back of improving data and as Read More →

EURJPY – Euro To Continue Its Slide Vs Japanese Yen

Key Points

  • The Euro made a downside move recently and remains below 133.30 against the Japanese Yen.
  • There was a break below a contracting triangle with support at 132.65 on the hourly chart of EURJPY.
  • Recently in Japan, the Monetary Read More →

JPY: Selling JPY Via Long USD/JPY Or Long CAD/JPY Still Attractive – SocGen

Societe Generale Cross Asset Strategy Research makes a case for considering selling the JPY around current levels via long USD/JPY or Long CAD/JPY.

"Yesterday's data/news saw solid headline Chinese PMIs but softer Caixin ones, and a strong Tankan in Read More →