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Daily Look

Daily Look

CAD: Rich Now, But Still Getting Richer; Where To Target? – CIBC

March 4, 2021 - by - Leave a Comment

What is the forecast for USD/CAD  by mid-year and by year-end? Here is their view, courtesy of eFXdata: CIBC Research discusses CAD outlook and targets USD/CAD at 1.24 by mid-year and …

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Daily Look

USD: Short USD Positions Are Finally Beginning To Be Cut Back; What Does It Mean For EUR/USD? – SocGen

March 3, 2021 - by - Leave a Comment

What is the outlook for EUR/USD in the near-term? Here is their view, courtesy of eFXdata: Societe Generale Research flags a scope for further EUR/USD downside on the back of …

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Daily Look

USD: Yield Spared Between German Bunds And US Treasury Points To Further USD Gains – MUFG

March 3, 2021 - by - Leave a Comment

What is the outlook for the US dollar in the near-term? Here is their view, courtesy of eFXdata: MUFG Research sees a scope for further USD gains on the back of …

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Daily Look

EUR/USD: A Much Lengthier Sideways Phase N-Term – Credit Suisse

March 2, 2021 - by - Leave a Comment

What is the technical forecast for EUR/USD in the near-term? Here is their view, courtesy of eFXdata: Credit Suisse discusses EUR/USD technical outlook and adopts a neutral bias with a downside …

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Daily Look

USD/JPY: Can Spend A Bit Of Time Above 106 Before Heading Back Towards 104 In 1-Month – NAB

March 2, 2021 - by - Leave a Comment

What is the outlook for USD/JPY in the near-term? Here is their view, courtesy of eFXdata: NAB Research discusses USD/JPY outlook and sees the pair’s gains limited in the near-term. “The …

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Daily Look

EUR: 3 Reasons Why We Have Turned Negative On EUR/USD For The Remaining Of The Year? – BofA

March 1, 2021 - by - Leave a Comment

What is the outlook for EUR/USD over the coming months? Here is their view, courtesy of eFXdata: Bank of America Global Research discusses its bearish EUR/USD case over the coming …

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Daily Look

AUD/USD: Overbought Condition S/T; A Break Below 0.7870 Key – UOB

February 26, 2021 - by - Leave a Comment

What is the outlook for AUD/USD? Here is their view, courtesy of eFXdata: UOB Research flags a scope for a downside correction in AUD/USD on overbought conditions. “We have held …

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Daily Look

GBP/USD: Easy Gains Behind US; Where To From Here? – Standard Chartered

February 25, 2021 - by - Leave a Comment

What is the outlook for GBP/USD through year-end? Here is their view, courtesy of eFXdata: Standard  Chartered Research discusses GBP/USD outlook and turns neutral on the pair through year-end. “From …

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Daily Look

AUD, NZD: Antipodeans To Continue Benefiting From Asia Rebound – SocGen

February 25, 2021 - by - Leave a Comment

What is the forecast for AUD and NZD over the coming months? Here is their view, courtesy of eFXdata: Societe Generale Research maintains a constructive bias on AUD and NZD over …

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Daily Look

USD: IMM Data Points To Risk Of Triggering A Short Squeeze In USD Positions – MUFG

February 24, 2021 - by - Leave a Comment

What is the outlook for the US dollar? Here is their view, courtesy of eFXdata: MUFG Research discusses the latest IMM report and flags a scope for USD short squeeze. …

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