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EUR: Investors Shifting To A Buy-The-Dip Strategy: Levels & Targets – ING
ING FX Strategy Research argues that investors are likely shifting to a ‘buy-the-dip’ strategy in EUR/USD even if the expectations of US fiscal policy could limit further upside in the near-term.
In that regard, ING thinks that a Read More →
Risk sentiment improves, Safe haven currencies ease
Sentiment was positive during the asian session, with the major inidces claiming gains for the day. Asia took a positive handover from the US, were some solid quaterly reports helped fuel strong support for the major US indices. The Dow Read More →
EURGBP – French Election Outcome Pushing Euro Higher
Key Points
- The Euro rallied during the Asia, considering the market now not expecting the most horrible case scenario of Le Pen and Melenchon going in round 2 with lead.
- The EURGBP pair rocketed to 0.8496, and remains bullish above Read More →
EUR: ‘No Need To Rush’ From ECB; What’s The Trade? – BofAML
Bank of America Merrill Lynch FX Strategy Research expects the ECB Governing Council to leave the current stance and communication largely unchanged at its policy meeting on Thursday.
"While we do not expect any hard decision or any significant Read More →