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Daily Look

EUR: Crosses (EUR/CAD, EUR/NZD, EUR/AUD) Vulnerable For Further Downside – Citi

January 15, 2021 - by - Leave a Comment

What is the forecast for EUR crosses? Here is their view, courtesy of eFXdata: Citi flags a scope for further downside moves in EUR crosses. “EUR crosses remain vulnerable and …

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Daily Look

EUR/USD: Real Money And Hedge Funds Driving Most Of The Selling As Of Late – Credit Agricole

January 15, 2021 - by - Leave a Comment

What is the outlook for EUR/USD? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research flags a scope for further EUR/USD correction from the positioning front. “According to …

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Daily Look

GBP: Our Bold Call For BoE Introducing Negative Rates On Feb-4 Now In Doubt – MUFG

January 14, 2021 - by - Leave a Comment

What is the outlook for BoE policy and for the British pound in the near-term? Here is their view, courtesy of eFXdata: MUFG Research discusses its outlook for the BoE …

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Daily Look

EUR/USD: ‘There’s A EUR/USD Floor But We Also See Upside Limitations’; Staying Short – TD

January 14, 2021 - by - Leave a Comment

What is the outlook for EUR/USD? Here is their view, courtesy of eFXdata: TD Research discusses EUR/USD outlook and flags 1.25 as a strong barrier over the coming weeks. TD is …

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Daily Look

NZD: In Demand As Hedge Funds Buying But Caution Is Warranted Here – Credit Agricole

January 13, 2021 - by - Leave a Comment

What is the outlook in the near-term for the New Zealand dollar? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research adopts a cautious bias on NZD in …

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Daily Look

GBP: Brexit Deal Looks Fully Priced; Looking To Fade GBP Strength On Crosses – TD

January 13, 2021 - by - Leave a Comment

What is the outlook for GBP on crosses? Here is their view, courtesy of eFXdata: TD Research likes to fade GBP rallies on the crosses (especially vs AUD and JPY). “The …

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Daily Look

USD/JPY: A Large Bullish Wedge Reversal In The Making Targeting 104.77 Ahead Of 105.93 – Credit Suisse

January 12, 2021 - by - Leave a Comment

What is the technical outlook for USD/JPY in the near-term? Here is their view, courtesy of eFXdata: Credit Suisse discusses USD/JPY technical outlook and adopts a bullish bias in the near-term. …

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Daily Look

USD: The Move Higher In UST Curve Triggers A Temp Shakeout In USD Shorts – MUFG

January 12, 2021 - by - Leave a Comment

The US dollar has shown some improvement of late. What has been the trigger for the upward move? Here is their view, courtesy of eFXdata: MUFG Research notes that the …

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Daily Look

GBP: Risks For GBP Are Tilted To The Downside In The Near-Term – Credit Agricole

January 11, 2021 - by - Leave a Comment

What is the outlook for the British pound in the near-term? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses GBP outlook and flags a scope for …

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Daily Look

USD: Expecting December Payroll Gains G=Nearly Grinding To A Halt – Credit Agricole

January 8, 2021 - by - Leave a Comment

What are the expectations for the US December Nonfarm Payrolls? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses its expectations for the US December jobs report …

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