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USD, EUR, JPY, GBP: Central Banks Shift Tone; Whats The Trade? – BofAML

Following this week's meetings for some of the major central banks, Bank of America Merrill Lynch Research summarizes its view on their future policies.

"We expect the Fed to hike faster than markets expect; we expect the ECB to Read More →

CAD: Further Positive CAD Momentum Ahead; What’s The Trade? – Nomura

Nomura FX Strategy Research notes that CAD outperformed in the G10 this week, driven by positive economic momentum and the more hawkish turn by the Bank of Canada (BoC).

"The absorption of the past oil price shock has opened Read More →

NZDUSD – New Zealand Dollar Looks Set For Further Declines

Key Points

  • The New Zealand Dollar surged towards 0.7300 against the US Dollar before declining sharply.
  • There is a bearish trend line formed with resistance at 0.7220-30 on the hourly chart of NZDUSD.
  • Today in New Zealand, the Business NZ Read More →

BoJ stays on hold; USD on track for a weekly gain

The Bank Of Japan makes no changes to its monetary policy and in a statement released earlier today sounded an optimistic note as private consumption “...increased resilience..”, and with the situations for employment and income cited as improving at a Read More →