*Deutsche Bank — the largest by number of employees and total assets of German financial services company. The Board of the Bank is located in Frankfurt am main. Deutsche Bank — universal, one of the 29 major multinational banks according to the financial stability Board...
GBP/USD Clings to Daily Gains The pound has been recovering ground against a softer greenback on Monday, with GBP/USD reaching 6-day highs at the 1.4250 area. The British currency is among the best performers of the day, posting decent gains versus the yen and the euro as well...
EUR Shorts Reduced, USD Longs Consolidating - Rabobank Jane Foley, Senior FX Strategist at Rabobank, lists down the IMM Net Speculators’ Positioning as at 05 April 2016. Key Quotes • “Despite the dovish position of the ECB, speculators have reduced their net EUR shorts for three consecutive weeks...
Hedge funds betting that oil’s rally was over missed an 11 percent gain after U.S. crude inventories unexpectedly fell. Short positions in West Texas Intermediate crude jumped 35 percent in the week ended April 5, according to the U.S. Commodity Futures Trading Commission...
Mark Carney could face a challenge in just over two months, regardless of whether Britons choose to stay in or quit the European Union...
The British pound is motoring higher as traders are forced to take profit on the sustained downtrend in the UK currency. The GBP to USD conversion is pushing higher at the start of the new week with seemingly little by way of news to prompt the move...
BoC: Not Expected to Change Policy - BBH Research Team at BBH, suggests that the Bank of Canada (BoC) meets this week, and is not expected to change policy...
EUR/USD Neutral/Bearish Short-Term – Scotiabank Shaun Osborne, Chief FX Strategist at Scotiabank, has reiterated the neutral/bearish outlook for the pair in the near-term. Key Quotes “EURUSD has spent the last seven days trading narrowing around the 1.14 area”...
One pound for one euro, don’t think it could happen? Don't discount it warn analysts at ABN Amro who have released the latest outcomes from their foreign exchange models in a post-Brexit world...
The euro is likely to retain the edge against is US rival over coming months says a researcher at one of Europe’s largest research institutions...
ECB May Have Exhausted the Room to Cut Interest Rates - BBH Research Team at BBH, suggests that the euro turned higher in the middle of the Draghi's post-ECB press conference last month when he indicated (yet again) that the central bank may have exhausted the room to cut interest rates (with a m...
Pre US Open, Daily Technical Analysis Monday, April 11, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: bullish bias above 1.1360. Pivot: 1.1360 Most Likely Scenario: long positions above 1...
EUR/USD Attempting Break Above 1.14 EUR/USD bounced back from hourly 200-MA and is now attempting a break above 1.14 handle amid positive action in the European equities and US index futures...
FXWIREPRO: Expect EUR/GBP Interim Justifiable Corrections After Jump Above 61.8% Fibos It is quite puzzling if you want to understand the technical intricacies of this pair, (to be precise in simple terms, this pair may dip a little in short term but long term uptrend still remains intact...
AUD/USD Still Aims for 0.7475/80 – UOB Analysts at UOB Group still believe the Aussie dollar could grind lower towards the 0.7470 area. Key Quotes “Despite the strong short-term rebound end of last week, we still think the current pull-back from the late March high of 0...
AUD/USD: EYE TO CHINA… China’s monthly data dump will be a key focus this week, with risk sentiment likely to swing on the results. Premier Li was on the wires during the Friday NY trading session, noting “many economic indicators improved in Q1”, highlighting some upside risk...
FXWIREPRO: GBP/JPY Faces Strong Resistance at 154.80, Good to Buy at Dips Major resistance – 154.80 (3 W EMA) Minor support -153.25 The pair has jumped till 154.22 on Friday and declined from that level. It is currently trading around 153.34...
EUR/JPY Off Lows, Regains 123.00 and Above After a brief dip towards the 122.80 area, EUR/JPY has pulled itself together and has now retaken the 123.00 handle and above...
The JPY has been the strongest performing G10 currency in 2016, which is at odds with the strong pace of outflows. There is no single explanation for why this is the case, but we think three reasons are worth highlighting: 1...
