The typically dovish Chicago Fed President Evans said that he still expected two rate hikes this year, in contrast to markets that are pricing a total of 18bp of tightening by year-end but the USD is struggling to benefit, however, as US 2y yields continue to move lower still, notes BNP Paribas...
The EUR/USD is trading higher for the fourth consecutive day as traders continue to dump the US dollar after the Federal Reserve Chairwoman Janet Yellen pulled a dove out of the Fed's hat earlier this week...
It's that man Charlie Evans again • Fed is close to full employment • Continued caution is called for due to low inflation • Sees one hike in the middle of the year and one at the end • Fed can move at any meeting...
The USD has a seasonal tendency to weaken in April especially if expressed via long AUD/USD, short GBP/USD, and short USD/NOK, notes ANZ. "Figure 1 shows how G10 and Asian currencies have performed during the month of April over the 2000- 15 period...
A mixed bag of data for the UK has given sterling a boost, but also highlighted growing imbalances in the economy. This morning saw the release of a welter of data, the most significant of which was the final estimate for UK Q4 GDP...
Any assumption that Brexit risks to the British pound have now passed would be misguided argue analysts at Capital Economics. The pound to dollar exchange rate has moved higher as concerns over the prospect of an UK exit from Europe recede...
GBP has come back sharply, with the cross rate leading the way and ripping back up to new highs on the day at .7920. Many will point to European central bank demand, but in Cable we also noted a wealth of offers lining up ahead of 1...
The Australian Dollar has broken higher recently after staying in a range during most of 2015, but can it sustain these elevated heights? The AUD/USD pair is currently trading in the 0.76s after “blasting” through the 0...
The Canadian dollar is gathering further traction vs. its American peer on Thursday, quickly dragging USD/CADto fresh lows in sub-1.2900 levels...
Brent: Oil Resources are Growing as well as Oil Supply. The Price Remains Under Pressure Weekly data of the US Department of Energy, released yesterday showed that oil reserves in the USA has grown again, which caused volatility in the oil prices of crude oil Brent in the range of 1...
S&P500: Positive Dynamics Continues On Tuesday the index S&P500 has broken down resistance level of 2045.0 (Fibonacci 100% in the decline since the beginning of 2016). Positive dynamics continues. Mrs...
According to Jane Foley, Senior FX Strategist at Rabobank, the European cross could head towards the 0.70 handle in a year’s view. Key Quotes “GBP fell sharply in Q1 on the back of concerns over a potential Brexit following the June 23 referendum...
S&P500: The Index Has Won Back the Losses Incurred Since the Beginning of the Year Since mid-February the price of the index S&P500 has been growing...
Despite the significant pullback of #GPBUSD from the reached highs, our order to buy is still in the market. The red Alligator's line moved deeper into the positive zone. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
The long position in #EURUSD started from 1.1175 brings more than 200 points of #profit. The red Alligator's line is currently at 1.1252. Find out more by checking out the Source Link. Please note that this post was originally published on Vistabrokers.com...
According to the research team at UOB Group, the Kiwi dollar keeps its bullish bias above the 0.6900 handle. “Having breached the 0.690-mark on Wednesday, this week alone has seen NZD gaining around 3.6% against the USD. The pair has nonetheless eased off from the 0...
Chinese bond prices rose, pushing yields lower after global rating agency S&P cut China’s outlook from stable to negative. Yield on the benchmark 10-yr Chinese bond dropped almost 2 basis points to 2...
Research Team at BBH, suggests that the dollar remains vulnerable as markets continue to pile into the foreign currencies and EM FX. “The implied yield on the December 2016 Fed Funds futures contract is now around 0.54%, the lowest since February 29...
Research Team at ANZ, suggests that with the clean-out of long USD positions in March, they now expect fundamentals and US/Asia policy divergence to reassert, pushing USD/Asia higher...
