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Monthly archive January, 2018
USD/CAD: Likely To Retest Sep Lows At 1.2062 If BoC Delivers A Hike Next Week – BTMU
BTMU FX Strategy Research discusses USD/CAD outlook and think the pair is likely heading lower into BoC's January meeting next week, where BTMU expects the central bank to deliver a rate hike.
"It is understandable that market participants have Read More →
EUR/USD: 4 Reasons For A Drop Towards 1.10 Before Higher – BofAML
Bank of America Merrill Lynch FX Strategy Research discusses EUR/USD outlook and argues that the risks are to the downside in H1 2018 on the following 4 factors :
"1- EUR/USD has overshot the data.
2- Read More →
US Dollar eyeing last September lows
The mood was mostly positive earlier during the Asian session. Major equity indices took a positive handover after last Friday’s US close.
The US Dollar index, measuring the greenback’s strength against a basket of other currencies, opened higher compared Read More →
