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GBP: ‘Pounded’: 6 Reasons To Stay Bearish Targeting 1.16 – Credit Suisse

There are six main reasons why we remain bearish GBP:

1. The UK economy may be about to experience a ‘once in a generation’ structural transition. A weaker GBP may be needed to ‘oil the wheels’ as it undergoes Read More →

EURCHF – Euro Poised For More Losses Vs CHF

Key Points

  • The Euro moved below the 1.0850 support versus the Swiss Franc to initiate a downtrend.
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EUR: Is It Worth The Sell? – Credit Agricole

EUR has been among the underperformers in the G10 FX so far this week and the selling pressure on the single currency seems to persist despite the fact that Draghi did not offer many clues about what the ECB will Read More →

Draghi gives no clues, euro selling-off as no plans for tapering in the horizon yet

No changes for its policy rate and the ECB’s current trillion-euro QE program yesterday at the press conference after the ECB rate decision meeting cam to a conclusion. President Draghi did not give any further clues on the upcoming plans Read More →