Forex
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EUR/USD: Prepare For Rebound II, But ‘Reduced Speed’ Ahead: Where To Target? – Danske
Danske Bank FX Strategy Research notes that while the latest uptick in EUR/USD has not been shadowed by relative interest rates, unhedged equity and speculative flows appear to have played a key role.
"While these flows may be fading Read More →
Dollar edges higher as rising yields continue to lend support
Tensions continue to rise with North Korea as Russia and China begin naval drills Monday. A United Nations General Assembly meeting is scheduled this week.
Euro zone Final CPI figures are expected today at 1100CET. Annual inflation is expected Read More →
EURGBP – Euro to Decline Further Vs British Pound
Key Points
- The Euro is under heavy selling pressure and traded below 0.8800 against the British Pound.
- There are two important bearish trend lines forming with resistance near 0.8870 on the hourly chart of EURGBP.
- Recently in the UK, the Read More →
GBP: ‘Bumping Along The Bottom’ Still Sumps It Up’; What’s Next – SocGen
Societe Generale Cross Asset Strategy Research argues that 'bumping along the bottom' still sums up GBP's key trading theme even if weeks like the last one show what a bump can look like.
"From here, we see far more Read More →