Forex
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GBP: Marginal Upside Into June-8 Elections: Where To Target? – Standard Chartered
Standard Chartered FX Strategy Research expects marginal GBP/USD upside around the June-8 UK general election towards 1.30 through the end of June.
Beyond that, SC maintained its view of GBP/USD downside through the remained of the year.
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Single currency eases away highs as investors take profits
The euro backed off from its highs on Monday, as forex investors took profit following centrist Emmanuel Macron's victory in France's presidential election. Traders booked their profits on around 3 percent gains for the single currency since he won the Read More →
USD/JPY: After The Recent Bottom: What’s The Trade? – BofAML
In early April, Bank of America Merrill Lynch FX Strategy Research argued that USD/JPY's potential technical dip below 110 would not be sustainable.
In that regard, BofAML notes that following this call, USD/JPY subsequently breached 110, but bounced off Read More →
Euro bows down to Profit taking; Gold recovers intial dip after Macron Victory result
Euro bows down to profit taking as Emmanuel Macron seals a resounding victory against the far-right leader Marine le Pen in Sunday’s second round of France’s Presidential election. Media reports show that support for Macron was at least 30 percentage Read More →