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EUR/USD: Why Are We Not ‘Jumping’ To Raise Our Forecasts Yet? – Credit Suisse
Credit Suisse FX Strategy Research makes a case for not raising its EUR/USD forecasts yet despite the pair's recent rally.
CS's rationale behind this view revolves mainly on the US side as we're still waiting for more color on Read More →
GBPCHF – British Pound To Bounce Post Positive UK Retail Sales
Key Points
- The British Pound bounced and traded above the 1.2400 resistance against the Swiss Franc.
- There was a break above a bearish trend line with resistance at 1.2390 on the hourly chart of GBPCHF.
- Today, the UK’s Retail Sales Read More →
USD eyes Trump’s Obamacare vote
US Dollar is nursing its wounds after hitting lows last seen in early February. So far the US Dollar Index managed to distance itself from the lows of 99.55 seen yesterday but remains vulnerable as we still see some USD Read More →
AUD, NZD, CAD: Caution Warranted Vs EUR, JPY, CHF Into House Vote – Nomura
Nomura Research notes that the key upcoming test for the risk environment and for the 'Trumpflation trade will be the House vote on the American Health Care Act on Thursday.
In this regard, Nomura argues that failure to pass Read More →