eFXnews

  • USD/JPY: Limited Impact From Snap Election If Abe Maintains Majority: Where To Target? - Danske

    Date Published: Fri, 20 Oct 2017 02:36:26 +0000

    Danske FX Strategy Research argues that the upcoming general election in Japan on 22 October should not have a significant impact on USD/JPY if Shinzo Abe maintains his majority in the Diet following the election, as this is widely expected and priced in the FX market.

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  • GBP: Scope For A Recovery Into Last Few Weeks' Trading Range - Credit Agricole

    Date Published: Fri, 20 Oct 2017 01:45:05 +0000

    Credit Agricole CIB FX Strategy Research notes that GBP has been broadly range-bound of late, regardless of yesterday’s UK labor data surprising on the upside as when it comes to earnings growth.

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  • AUD/NZD: 1.1330/1.1430 Immediate Targets For Upswing - NAB

    Date Published: Fri, 20 Oct 2017 00:14:34 +0000

    NAB FX Technical Strategy Research maintains its bullish AUD/NZD, noticing that the long-term base building process remains dominant (higher lows / higher highs).

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  • EUR/USD: The ECB Should Take Notice Of EUR Overshooting - BofAML

    Date Published: Thu, 19 Oct 2017 22:36:20 +0000

    Bank of America FX Strategy Research argues that going into next week ECB October policy meeting, the central bank should take notice of the risk of EUR overshooting.

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  • USD/JPY: Fade Rallies Into 113; We Stay Short - TD

    Date Published: Thu, 19 Oct 2017 17:58:23 +0000

    TD FX Strategy Research discusses its trading view for USD/JPY going its the Japanese general election on Sunday, October 22.

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  • NZD: Kiwi Flying South; What's The Trade N-Term? - SocGen

    Date Published: Thu, 19 Oct 2017 15:47:09 +0000

    Societe Generale Cross Asset Strategy Research discusses the near-term outlook for NZD in light of the latest political developments

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  • NZD/USD: What's On The Cards After Today's Sizable Drop? - BTMU

    Date Published: Thu, 19 Oct 2017 14:38:00 +0000

    BTMU FX Strategy Research discusses the near-term outlook for NZD in light of the latest political developments.

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  • EUR/USD: There Is A Pattern In Ongoing Resilience To The Spanish Woes - ING

    Date Published: Thu, 19 Oct 2017 13:27:42 +0000

    ING FX Strategy Research notes there is a pattern in the ongoing EUR resilience to the Spanish woes.

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  • Preview: UK: Retail Sales

    Date Published: Thu, 19 Oct 2017 03:58:29 +0000

    Preview: UK: Retail Sales

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  • EUR/CHF: SNB More Than Happy To Let EUR/CHF Edges Towards 1.20 - Danske

    Date Published: Thu, 19 Oct 2017 02:38:47 +0000

    Danake Bank FX Strategy Research discusses its outlook for EUR/CHF noticing that while the ECB has entered ‘normalisation’ mode, the SNB has been keen to stay out of ‘exit’ discussions and used every opportunity to stress that it is in no hurry to quit negative rates and that intervention remains a policy tool.

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  • NZD/USD: Repeated Topside Failures: Levels & Targets - NAB

    Date Published: Thu, 19 Oct 2017 00:37:09 +0000

    NAB FX Technical Strategy Research notes that the bearish monthly reversal pattern produced in  August 2017 remains the dominant technical factor in NZD/USD.

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  • EUR/USD, AUD/USD, USD/JPY: Risk / Reward & Target - BofAML

    Date Published: Wed, 18 Oct 2017 21:30:18 +0000

    Bank of America Merrill Lynch FX Technical Strategy Research notes that its tactical bullish USD view has been supported as of late as several bullish USD signals continue to surface.

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  • USD/CAD: Sitting At A Good Risk / Reward To Sell Ahead Of BoC Next Week - TD

    Date Published: Wed, 18 Oct 2017 17:55:53 +0000

    TD FX Strategy Research notes that USD/CAD continues to trade in excess of its high-frequency trading value estimates. 

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  • USD: What Would A Taylor-Led Fed Mean For USD & High-Beta Currencies? - BTMU

    Date Published: Wed, 18 Oct 2017 16:16:02 +0000

    BTMU FX Strategy Research believes that the potential appointment of John Taylor as the next Fed Chair has materially increased upside risks for the USD.

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  • EUR/USD: Will Reserve Managers Take EUR/USD Higher? - Barclays

    Date Published: Wed, 18 Oct 2017 15:06:15 +0000

    Barclays Capital FX Strategy Research discusses the possible impact of the rebalancing of the EUR reserve managers on EUR/USD over the coming months.

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  • EUR/USD: What Is The Trade Ahead Of Next Week's ECB? - Credit Agricole

    Date Published: Wed, 18 Oct 2017 13:47:41 +0000

    Credit Agricole CIB Research discusses the possible outcome of the October ECB policy meeting, in which the central bank is expected to announce details of its QE extension on 26 October.

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  • NZD/USD: Flows Point To Downside Risk S/T On Strong Real Money Selling - BofAML

    Date Published: Wed, 18 Oct 2017 03:28:32 +0000

    Bank of America Merrill Lynch FX Strategy Research notes that its latest proprietary flows show officials selling the USD again last week, after having stopped the two weeks before.

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  • EUR/USD: Dips To Remain Shallow & Likely Limited To 1.1660 - Danske

    Date Published: Wed, 18 Oct 2017 01:45:50 +0000

    Danske Bank FX Strategy Research maintains the view that any dips in EUR/USD should be shallow and short-lived as fundamentals still provide support and as notably a reversal in debt flows is a key source of upside risks for the cross.

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  • EUR/USD: 1.15-1.1650 To Contain Any Exaggerated Pullback Into Next Week's ECB Meeting - NAB

    Date Published: Tue, 17 Oct 2017 23:54:00 +0000

    NAB FX Strategy Research sees the outcome of the ECB meeting underpinning the EUR expecting the 1.15-1.1650 area in EUR/USD to contain any exaggerated pullback.

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  • GBP/USD: To Recover In 1-2 Weeks Before Resumes Weakness: Where To Target? - BNPP

    Date Published: Tue, 17 Oct 2017 20:52:10 +0000

    BNP Paribas FX Strategy Research expects GBP/USD to recover over the coming 1-2 weeks, reverting at least to 1.3450.

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  • USD/CAD: Towards 1.25 Or 1.30 By Year-End?; NAFTA Negotiations Key - BTMU

    Date Published: Tue, 17 Oct 2017 18:45:29 +0000

    BTMU FX Strategy Research notes that CAD has been undermined in the near-term by renewed concerns over the ongoing NAFTA negotiations.

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  • EUR/USD: Where To Buy Dips? - SocGen

    Date Published: Tue, 17 Oct 2017 17:24:33 +0000

    Societe Generale Cross Asset Strategy Research expects EUR/USD dips-buyers to emerge on further move towards 1.1720 ahead of the key support around 1.1660/18.

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  • GBP: Downside Limited; EUR: Dips A Buy Vs USD & CHF - Credit Agricole

    Date Published: Tue, 17 Oct 2017 14:58:30 +0000

    Credit Agricole CIB FX Strategy Research notes that the GBP has been capped, mainly on the back of rising Brexit-related uncertainty politics.

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  • USD/JPY: In Consolidation Mode; Where To Target? - ING

    Date Published: Tue, 17 Oct 2017 14:00:45 +0000

    ING FX Strategy Research thinks that USD/JPY looks to remain in consolidation mode ahead of Japan's snap election.

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  • Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB

    Date Published: Tue, 17 Oct 2017 13:12:21 +0000

    EUR/USD: Neutral (since 14 Sep 17, 1.1890): Recovery has room to extend higher to 1.1930. No change in view.

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  • GBP/USD: 'Extremely Unlikely' To Achieve Progress Before Article 50 Deadline - BofAML

    Date Published: Tue, 17 Oct 2017 03:45:13 +0000

    Bank of America Merrill Lynch FX Strategy Research notes that Brexit headlines continue to add headline risks for GBP after another round of Brexit negotiations ended last week without progress, and ahead of the European Commission announcement on October 19 on whether discussions on trade can start.

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  • GBP/USD: Becoming Harder To Trade? What's Next? - NAB

    Date Published: Tue, 17 Oct 2017 03:01:59 +0000

    NAB FX Strategy Research notes that GBP has become harder to trade as of late as the combination of erratic political comment and fluctuating economic data is leading to some sizeable GBP swings. 

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  • EUR/USD: 'Bought The Rumor, Hold On Buying The Fact'; Where To Target? - BNPP

    Date Published: Tue, 17 Oct 2017 00:52:45 +0000

    BNP Paribas FX Strategy Research argues that the EUR appears to be fully pricing in ECB tapering ahead of the ECB’s likely announcement at its 26 October meeting.

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  • GBP/USD: UK Data Could Surprise To The Upside This Week - Credit Agricole

    Date Published: Mon, 16 Oct 2017 23:10:13 +0000

    Credit Agricole CIB FX Strategy Research argues that while politics may continue to cloud the outlook for GBP, potential positive surprises from the upcoming UK CPI and labor market data should provide GBP with some support this week. 

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  • GBP: Asymmetric Risk For GBP On UK Data This Week But Broadly Positive - Barclays

    Date Published: Mon, 16 Oct 2017 21:11:27 +0000

    Barclays Capital Research sees asymmetric risks for GBP in the first half of the week.

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  • USD/JPY: Neutral Bias Ahead Of Oct-22 Snap Elections; Levels To Watch - BTMU

    Date Published: Mon, 16 Oct 2017 19:42:38 +0000

    BTMU FX Strategy Research doesn't expect USD/JPY to move much ahead of the snap elections October 22.

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  • EUR/USD: Stuck In A Range 1.1880-1.660 Range; What's Next? - SocGen

    Date Published: Mon, 16 Oct 2017 18:14:46 +0000

    Societe Generale Cross Asset Strategy Research notes that 1.1880-1.1660 seems to define the EUR/USD range for now.

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  • Citi Trade Of The Week: Buy GBP/USD

    Date Published: Mon, 16 Oct 2017 16:52:06 +0000

    Currency investors should consider buying GBP/USD* this week, advises CitiFX Research in its weekly FX pick.

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  • EUR/USD: USD Support To Fade Soon; Where To Target? - ING

    Date Published: Mon, 16 Oct 2017 15:30:03 +0000

    ING FX Strategy Research notes the USD relatively recovered on Chair Yellen’s comments over the weekend about the anticipated acceleration in inflation and subsequent rate hikes.

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  • USD/CAD: Big Data Week For CAD; What's The Trade? - TD

    Date Published: Mon, 16 Oct 2017 13:59:11 +0000

    TD FX Strategy Research notes that USD/CAD remains in a fairly predictable range just as the positive US drivers fade and the Canadian risk calendar heats up.

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  • Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB

    Date Published: Mon, 16 Oct 2017 12:59:28 +0000

    EUR/USD: Neutral (since 14 Sep 17, 1.1890): Recovery has room to extend higher to 1.1930.

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  • Week Ahead: EUR Still A Buy, Data To Lend GBP Some Support, Cautious On USD

    Date Published: Mon, 16 Oct 2017 03:22:59 +0000

    Credit Agricole CIB FX Strategy Research discusses its outlook for the EUR, USD, and GBP for the week ahead.

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  • EUR/USD, USD/JPY: What's The Trade & Where To Target N-Term? - TD

    Date Published: Fri, 13 Oct 2017 20:43:22 +0000

    TD FX Strategy Research notes that today's soft US inflation data set the tone for the USD near-term price action into the weekend.

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  • EUR: Outlook Brightening Up As Political Cloud Is Lifting; Staying Long EUR/USD - Credit Agricole

    Date Published: Fri, 13 Oct 2017 19:03:43 +0000

    Credit Agricole CIB FX Strategy Research expects the political jitters in the wake of the Catalan independence referendum to start abating in the coming days.

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  • EUR/USD: Giving Up On Finding Cheaper Dips; GBP/USD: Longs Can Appeal Here - SocGen

    Date Published: Fri, 13 Oct 2017 16:55:14 +0000

    Societe Generale Cross Asset Strategy Research remains convinced that if the European economic recovery continues, and the ECB pushes ahead with policy normalisation, we will see EUR/USD trade above 1.30 within 18 months or so.

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