Too early to bury the USD rally – Credit Agricole
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 …
Read MoreFollowing 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 …
Read MoreThe 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 …
Read MoreEURUSD 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 …
Read MoreUSD 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 …
Read MoreFriday’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 …
Read MoreThe 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 …
Read MoreRisk 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. …
Read MoreSpeculation 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 …
Read MoreThe 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 …
Read MoreAUDUSD 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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