As Westpac's chief economist Bill Evans predicted (back on 4th Dec), the RBA cut rates 25bp and going into meeting market took the view it was a 50/50 call. Bill believes the RBA will follow this cut with a further 25bp cut in March...
Westpac Bank is Australia's First Bank with a range of innovative financial packages to suit your needs. This leading Australian bank offers online banking. Forecasts for EUR / USD, USD / JPY, AUD / USD, NZD / USD, AUD / NZD — Westpac. PS: indicators that you can use in your trading system...
The TD Securities Team previews the key events of the week ahead, further expecting US NFP to register an above consensus print at 245k. Key Quotes “The highlight of the week ahead will be the North American employment reports on Friday...
The Danske Bank Research Team previews today’s Eurozone and US data releases. Key Quotes “Euro PMI manufacturing is due for release and the flash estimates in the periphery will attract most attention...
According to FXStreet Editor and Analyst, Omkar Godbole, the EUR/USD pair is likely to breach the channel support at 1.1286 levels and move lower to retest 1.1220 – 1.1240 levels. Key Quotes “The EUR/USD pair finished weak on Friday at 1.1299, well below the 5-DMA located currently at 1...
Monday, Feb 02 USD ::: ISM Manufacturing PMI (Jan) This survey from managers in the manufacturing industry is expected to decrease, & currently the majority of US states are facing a sever winter weather which might slow down the economy...
US Dollar Forecast– NFPs and the PCE inflation indicator will further stir hawkish Fed expectations, but the theme may be mature The net change in payrolls isn’t nearly as important as the ‘qualitative’ figures...
After setting a new 11-year low at 1.1097 following Greek elections result last Monday, the EUR/USD pair spent the week in consolidative mode, finding finally sellers in the 1.1422 level, slightly below the 61.8% retracement of the post ECB-QE-announcement slide...
Fundamental Forecast for Dollar:Neutral The US Dollar has advanced for seven consecutive months through January – a record back to the GoldStandard NFPs and the PCE inflation indicator will further stir hawkish Fed expectations, but the theme may be mature When is ‘in-line’ a source of fundamenta...
Born in 1942, Jim Rogers had his first job at age five, picking up bottles at baseball games. Winning a scholarship to Yale, Rogers was coxswain on the crew. Upon graduation, he attended Balliol College at Oxford. After a stint in the army, he began work on Wall Street...
Richard Yetsenga of ANZ, argues that with the recent central bank surprises and the emerging ‘shortage’ of bonds globally, the return of US cash as an asset class might be seen for the first time in a decade. Key Quotes “Certainly, a US cash comeback is not a new idea...
The Research Team at Nomura share Fed’s assessment of the US economy, with the central bank now viewing a ‘substantial decline’ in measures of inflation compensation from the previous ‘somewhat decline’...
According to RBS FX Strategists, German CPI is anticipated to slip into deflation on a y/y basis for the first time since September 2009, with preliminary estimate of German CPI for January due today...
The Research Team at Nomura gives the forecast for China’s monetary policy, expecting the country to witness a benchmark rate cut of 25bp in Q2, 2015...
Pressure is mounting on Australia’s central bank to join developed-market peers in easing monetary policy as falling oil prices and stagnant economies spread disinflation...
The following are the expectations for today's January FOMC meeting as provided by the economists and FX strategists at 20 major banks. Goldman: We expect only limited changes to the FOMC statement at the January meeting, with an overall slightly dovish tilt likely...
IN: now tragets EUR/USD at 1.10 in 1Q15, 1.05 in 2Q15 , 1.03 in 3Q15 and parity in 4Q15. ING is also targeting EUR/USD 0.90 by the end of 2016. ING Groep N.V...
Basically, they are telling us that, in spite of the impressive growth of the US dollar in 2014, the dollar is still valid. BMO Capital: The outlook on currencies for 2015: PS: indicators that you can use in your trading system. Good Luck...
On Monday, market talk focused on the victory of left-wing Syriza in the Greek parliamentary elections. However, the result had absolutely no negative impact on the euro. EUR/USD even rebounded well off the correction low (1.1098) to trade in the higher half of the 1...
THE EURO closed higher due to short covering on Monday as it consolidated some of the decline off December's high. The highrange close sets the stage for a steady to higher opening when Tuesday's night session begins trading...
