thenews / Profile

European currencies have reversed some of their April gains during the first days of the new month as markets continue to grapple with the various cross-currents which are driving FX markets at present. The appreciation of EUR/USD appears to have

The USD is stuck at the bottom of the so-called ‘dollar smile’, which links its path to the performance of the US and global economy as well as the risk sentiment of investors. At present, sentiment is supported by the dovish stance of the Fed, which

Over the past few weeks momentum in FX markets has been a good indicator to pick out currency pairs that may adjust in coming days due to positioning rather than fundamentals. Here  we focus on currencies that have strengthened the mostvs the

The GBP is coming under pressure against the EUR once more and questions are now being asked as to whether the currency pair could ultimately record fresh 2016 lows over coming weeks. * If you have imminent GBP into EUR payments be aware that

There's a staggering amount of government bonds around the world with yields below zero. Fitch credit researchers crunched the data to find that $9.9 trillion in global sovereign debt had negative yields as of April 25.  That's composed of

Bank of America Merrill Lynch thoughts on FX right now European currencies have reversed some of their April gains during the first days of the new month as markets continue to grapple with the various cross-currents which are driving FX markets at

 You can kiss a June Federal Reserve rate hike goodbye after Friday’s nonfarm payrolls report. The U.S. economy added the fewest jobs in 7 months, leaving the unemployment rate at 5%. Investors had been hoping for the jobless rate to improve and

When it comes to trading tactics there are only two moves you can make. You can stick to the single entry/single exit strategy or you can do multiple entries into a position until you get a better blended price that helps you turn a profit. I like to

Tetlock assembled a group of more than 2,000 non-expert volunteers under the banner of the Good Judgement Project    * Working in teams and individually the volunteers were asked to forecast the likelihood of various events of the sort

Investors will closely follow next week’s BoE monetary policy announcement & inflation report. Weaker business activity may make a case of the central bank considering a slightly more cautious stance, which may be reflected in lower growth

The key issue facing the foreign exchange market is whether the modicum of strength the US dollar demonstrated last week is the beginning of a sustainable move. It is possible that the market is again at a juncture in which the price action will

The latest weekly outlook from Morgan Stanley sees them liking the greenback 9 May 2016 USD: Near-Term Trend Change. Bullish . We expect USD to have some upside correction in the next few weeks as currency appreciation in low-yielding countries

The resilience of the USD to the weak payrolls report underscores in our view that with limited room for US front-end rates to fall , the USD’s overvaluation gap has now mostly been closed versus the G10 funding currencies (EURUSD and USDJPY already

Two quick ideas from CitiFX Currency investors should consider buying EUR/GBP or buying EUR/NOK this week, advises CitiFX in its weekly FX picks to clients.  " Trade idea 1: Buy EURNOK 9.3445, target 9.60, stop loss 9.22 Trade idea 2: Buy EURGBP

Remember the Greek vote on whether to leave the euro? And the Greeks said, Yep, let's do just that. And then, the people's man (you can tell 'cause he doesn't wear a tie) PM Alexis Tsipras gave the Greek people the middle finger and ignored

Citigroup in Australia have a list of foreign currencies it will no longer accept as  payment for Australian real estate from overseas borrowers The Australian Financial Review reports:       * Citi will only

Arguments for a 1-3M dip in EUR/USD... A key argument for a EUR/USD dip near term is the potential for a temporary revival of relative rates, not least due to the fact that positioning is much closer to neutral. Also, a cyclical situation set to

Our dollar framework has centered around trading the “USD Smile”. Currently, we are sitting at the bottom of the smile – and it’s not until either the US economy outperforms, or the rest of the world begins to slow down – that the USD can find a

Three men are 'Tyler Duerden' ZeroHedge is a phenomenon. It's a great news source but it's best known for its ceaseless dark, bearish vision. I've been a fan since day one. Its success is incredible given that it was founded in the financial crisis

Eurozone flash April HICP ticked down to -0.2% y/y from 0.0%, in line with our economists’ expectations and following weaker Spanish and German HICP data earlier this week. Furthermore, the advance estimate of eurozone Q1 GDP showed the economy