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Daily Look

Daily Look

Too early to bury the USD rally – Credit Agricole

October 5, 2015 - by - Leave a Comment

Following the disappointing NFP, many analysts rushed to set back the rate hike to March 2016 or called the whole the whole thing off. Yet this doesn’t necessary mean the end …

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Daily Look

Weak CAD not a panacea for Canada; JPY Pressure from

October 5, 2015 - by - Leave a Comment

The Canadian dollar is off the lows against the greenback, but isn’t going anywhere fast. In Japan, more stimulus seems to be on the cards. Here is what the team …

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Daily Look

EUR/USD, USD/JPY, GBP/USD Pivot Points, TA – OCtober 5

October 5, 2015 - by - Leave a Comment

EURUSD Daily Pivots R3 1.135 R2 1.1304 R1 1.1266 Pivot 1.1227 S1 1.1182 S2 1.1136 S3 1.1098 EURUSD (1.123): EURUSD remains range bound despite Friday’s gains. Price is trading within …

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Daily Look

USD Index: More Gains in Sight

October 5, 2015 - by - Leave a Comment

USD index made a nice pullback recently finding support at around 92.45, turning back above 96.00, and confirming the fact that the retracement from 100.64 was a corrective move. We …

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Daily Look

Weak Non-Farm Payrolls should mean US Dollar weakness

October 5, 2015 - by - Leave a Comment

Friday’s very weak Non-Farm Payroll figures will put downward pressure on the US dollar. Weak US data means that the US dollar is likely to fall in value. With weak …

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Daily Look

Digesting jobs, looking forward and testing charts – Live

October 5, 2015 - by - Leave a Comment

The terrible Non-Farm Payrolls report still echoes and leaves markets in an uncertain mode. Is this necessarily dollar negative? Not exactly. We will discuss what happened, what’s on the agenda …

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Daily Look

Markets await Eurozone services PMI

October 5, 2015 - by - Leave a Comment

Risk assets are to be given a boost this morning following a very strong end to the week for US indices last Friday and a buying frenzy in Asia overnight. …

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Daily Look

BOJ likely to introduce QE3 In Late October – Credit

October 4, 2015 - by - Leave a Comment

Speculation has been mounting about further action from the Bank of Japan, given the recent weakness in the economy. The team at Credit Agricole circles the end of October as …

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Daily Look

Not The Time To Turn Bearish On Sterling: 3 Reasons

October 3, 2015 - by - Leave a Comment

The British pound suffered long days of falls against the dollar and also against the pound. Nevertheless, it is still not the time to turn bearish against sterling. The team at …

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Daily Look

AUDUSD : More Weakness Expected from 0.7080 Resistance

October 2, 2015 - by - Leave a Comment

AUDUSD fell sharply lower with an extended structure from 0.7282 last week, so the move is most likely impulsive. If that’s true then the Aussie is headed for new lows, beneath …

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