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NZD/USD: Broadly Flat-Targets Profile Though Year-End – Barclays

Barclays Capital FX Strategy Research sees a broadly flat profile for NZD/USD through the end of the year mainly on the ground of pricing a neutral RBNZ bias.

"Strong inward migration is supporting domestic activity and lifting business Read More →

Dollar nudges higher as traders consolidate positions

The dollar traded higher on the day as forex investors paired some gains and consolidated positions. It hovered not far from its lowest in more than a year against its major rivals as political turmoil was expected to continue weighing Read More →

CADJPY – Canadian Dollar To Decline Further Vs Japanese Yen

Key Points

  • The Canadian Dollar moved down and broke the 88.80 support against the Japanese Yen.
  • There was a break below a short-term bullish trend line at 88.50 on the hourly chart of CADJPY.
  • Today in Japan, the Nikkei Manufacturing Read More →

GBP: Asymmetric Risks For GBP Heading BoE Meeting – BofAML

Bank of America Merrill Lynch FX Strategy Research sees little chance of an August rate hike and expects a 6-2 vote to keep rates on hold at this week's Bank of England (BoE) policy meeting.

"The underlying message from Read More →

Dollar tumbles with month-end flow lifting euro

The U.S. dollar fell to a more than 2-1/2-year trough against the euro, hit by month-end portfolio adjustments and concern over the U.S. political outlook after the departure of White House communications director Anthony Scaramucci.

The single currency jumped Read More →