Barclays:

We expect Chair Yellen to reiterate her message that the ecnomy is close to full employment and inflation has risen, but remains short of the Fed’s target.

We think she will refrain from explicit comments Read More →

Key Points

• The New Zealand dollar traded lower towards 0.7175 against the US Dollar where it found support.
• The NZDUSD pair is currently correcting higher, but likely to face resistance near 0.7220, 0.7250 and bearish trend lines on the hourly Read More →

Four arguments for a lower EUR/USD:

• Relative rates: bearish for EUR/USD as the Fed is slightly underpriced for 2018

• European politics: EUR/USD negative but do not overestimate the impact

• Potential border tax adjustments: bearish Read More →

Key Points

• The US Dollar was seen under a bearish pressure against the Canadian dollar starting from 1.3212.
• The USDCAD pair is moving down, and following a bearish trend line on the hourly chart with resistance at 1.3120.
• Recently, the Read More →