eFXnews

  • NZD/USD: Flows Point To Downside Risk S/T On Strong Real Money Selling - BofAML

    Date Published: Wed, 18 Oct 2017 03:28:32 +0000

    Bank of America Merrill Lynch FX Strategy Research notes that its latest proprietary flows show officials selling the USD again last week, after having stopped the two weeks before.

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  • EUR/USD: Dips To Remain Shallow & Likely Limited To 1.1660 - Danske

    Date Published: Wed, 18 Oct 2017 01:45:50 +0000

    Danske Bank FX Strategy Research maintains the view that any dips in EUR/USD should be shallow and short-lived as fundamentals still provide support and as notably a reversal in debt flows is a key source of upside risks for the cross.

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  • EUR/USD: 1.15-1.1650 To Contain Any Exaggerated Pullback Into Next Week's ECB Meeting - NAB

    Date Published: Tue, 17 Oct 2017 23:54:00 +0000

    NAB FX Strategy Research sees the outcome of the ECB meeting underpinning the EUR expecting the 1.15-1.1650 area in EUR/USD to contain any exaggerated pullback.

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  • GBP/USD: To Recover In 1-2 Weeks Before Resumes Weakness: Where To Target? - BNPP

    Date Published: Tue, 17 Oct 2017 20:52:10 +0000

    BNP Paribas FX Strategy Research expects GBP/USD to recover over the coming 1-2 weeks, reverting at least to 1.3450.

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  • USD/CAD: Towards 1.25 Or 1.30 By Year-End?; NAFTA Negotiations Key - BTMU

    Date Published: Tue, 17 Oct 2017 18:45:29 +0000

    BTMU FX Strategy Research notes that CAD has been undermined in the near-term by renewed concerns over the ongoing NAFTA negotiations.

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  • EUR/USD: Where To Buy Dips? - SocGen

    Date Published: Tue, 17 Oct 2017 17:24:33 +0000

    Societe Generale Cross Asset Strategy Research expects EUR/USD dips-buyers to emerge on further move towards 1.1720 ahead of the key support around 1.1660/18.

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  • GBP: Downside Limited; EUR: Dips A Buy Vs USD & CHF - Credit Agricole

    Date Published: Tue, 17 Oct 2017 14:58:30 +0000

    Credit Agricole CIB FX Strategy Research notes that the GBP has been capped, mainly on the back of rising Brexit-related uncertainty politics.

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  • USD/JPY: In Consolidation Mode; Where To Target? - ING

    Date Published: Tue, 17 Oct 2017 14:00:45 +0000

    ING FX Strategy Research thinks that USD/JPY looks to remain in consolidation mode ahead of Japan's snap election.

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  • Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB

    Date Published: Tue, 17 Oct 2017 13:12:21 +0000

    EUR/USD: Neutral (since 14 Sep 17, 1.1890): Recovery has room to extend higher to 1.1930. No change in view.

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  • GBP/USD: 'Extremely Unlikely' To Achieve Progress Before Article 50 Deadline - BofAML

    Date Published: Tue, 17 Oct 2017 03:45:13 +0000

    Bank of America Merrill Lynch FX Strategy Research notes that Brexit headlines continue to add headline risks for GBP after another round of Brexit negotiations ended last week without progress, and ahead of the European Commission announcement on October 19 on whether discussions on trade can start.

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  • GBP/USD: Becoming Harder To Trade? What's Next? - NAB

    Date Published: Tue, 17 Oct 2017 03:01:59 +0000

    NAB FX Strategy Research notes that GBP has become harder to trade as of late as the combination of erratic political comment and fluctuating economic data is leading to some sizeable GBP swings. 

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  • EUR/USD: 'Bought The Rumor, Hold On Buying The Fact'; Where To Target? - BNPP

    Date Published: Tue, 17 Oct 2017 00:52:45 +0000

    BNP Paribas FX Strategy Research argues that the EUR appears to be fully pricing in ECB tapering ahead of the ECB’s likely announcement at its 26 October meeting.

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  • GBP/USD: UK Data Could Surprise To The Upside This Week - Credit Agricole

    Date Published: Mon, 16 Oct 2017 23:10:13 +0000

    Credit Agricole CIB FX Strategy Research argues that while politics may continue to cloud the outlook for GBP, potential positive surprises from the upcoming UK CPI and labor market data should provide GBP with some support this week. 

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  • GBP: Asymmetric Risk For GBP On UK Data This Week But Broadly Positive - Barclays

    Date Published: Mon, 16 Oct 2017 21:11:27 +0000

    Barclays Capital Research sees asymmetric risks for GBP in the first half of the week.

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  • USD/JPY: Neutral Bias Ahead Of Oct-22 Snap Elections; Levels To Watch - BTMU

    Date Published: Mon, 16 Oct 2017 19:42:38 +0000

    BTMU FX Strategy Research doesn't expect USD/JPY to move much ahead of the snap elections October 22.

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  • EUR/USD: Stuck In A Range 1.1880-1.660 Range; What's Next? - SocGen

    Date Published: Mon, 16 Oct 2017 18:14:46 +0000

    Societe Generale Cross Asset Strategy Research notes that 1.1880-1.1660 seems to define the EUR/USD range for now.

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  • Citi Trade Of The Week: Buy GBP/USD

    Date Published: Mon, 16 Oct 2017 16:52:06 +0000

    Currency investors should consider buying GBP/USD* this week, advises CitiFX Research in its weekly FX pick.

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  • EUR/USD: USD Support To Fade Soon; Where To Target? - ING

    Date Published: Mon, 16 Oct 2017 15:30:03 +0000

    ING FX Strategy Research notes the USD relatively recovered on Chair Yellen’s comments over the weekend about the anticipated acceleration in inflation and subsequent rate hikes.

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  • USD/CAD: Big Data Week For CAD; What's The Trade? - TD

    Date Published: Mon, 16 Oct 2017 13:59:11 +0000

    TD FX Strategy Research notes that USD/CAD remains in a fairly predictable range just as the positive US drivers fade and the Canadian risk calendar heats up.

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  • Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB

    Date Published: Mon, 16 Oct 2017 12:59:28 +0000

    EUR/USD: Neutral (since 14 Sep 17, 1.1890): Recovery has room to extend higher to 1.1930.

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  • Week Ahead: EUR Still A Buy, Data To Lend GBP Some Support, Cautious On USD

    Date Published: Mon, 16 Oct 2017 03:22:59 +0000

    Credit Agricole CIB FX Strategy Research discusses its outlook for the EUR, USD, and GBP for the week ahead.

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  • EUR/USD, USD/JPY: What's The Trade & Where To Target N-Term? - TD

    Date Published: Fri, 13 Oct 2017 20:43:22 +0000

    TD FX Strategy Research notes that today's soft US inflation data set the tone for the USD near-term price action into the weekend.

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  • EUR: Outlook Brightening Up As Political Cloud Is Lifting; Staying Long EUR/USD - Credit Agricole

    Date Published: Fri, 13 Oct 2017 19:03:43 +0000

    Credit Agricole CIB FX Strategy Research expects the political jitters in the wake of the Catalan independence referendum to start abating in the coming days.

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  • EUR/USD: Giving Up On Finding Cheaper Dips; GBP/USD: Longs Can Appeal Here - SocGen

    Date Published: Fri, 13 Oct 2017 16:55:14 +0000

    Societe Generale Cross Asset Strategy Research remains convinced that if the European economic recovery continues, and the ECB pushes ahead with policy normalisation, we will see EUR/USD trade above 1.30 within 18 months or so.

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  • EUR/USD: A Push Toward 1.1920; GBP/USD: 1.35-1.136 Ahead On A Steeper UK Curve - ING

    Date Published: Fri, 13 Oct 2017 15:35:15 +0000

    ING FX Strategy Research maintains its bullish bias on EUR/USD ahead of the ECB October meeting. 

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  • EUR/USD: A Wide 10 Big-Figure Range Ahead Of Fed Chair Risk - BTMU

    Date Published: Fri, 13 Oct 2017 14:30:33 +0000

    BTMU FX Strategy Research notes that the EUR is continuing to hold up well against the USD despite the recent pick up in political risk in Europe.

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  • USD: Soft Sept Retail Sales & CPI A Headwind For USD Today - CIBC

    Date Published: Fri, 13 Oct 2017 13:38:16 +0000

    CIBC Research comments on today's US retail sales and CPI data prints fro the month of September.

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  • Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB

    Date Published: Fri, 13 Oct 2017 12:27:38 +0000

    There is not much to add as we continue to hold the view that the current recovery in EUR has room to extend higher to 1.1930. While it is early days still, the odds for a sustained move above 1.1930 have

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  • Preview: US: Retail Sales

    Date Published: Fri, 13 Oct 2017 04:02:51 +0000

    Preview: US: Retail Sales 

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  • Preview: US: Consumer Price Index

    Date Published: Fri, 13 Oct 2017 02:59:23 +0000

    Preview: US: Consumer Price Index

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  • AUD/NZD: Bullish Setup Intact As L/Term Base Building Process Remains Dominant - NAB

    Date Published: Fri, 13 Oct 2017 02:23:15 +0000

    NAB FX Technical Strategy Research maintains its bullish AUD/NZD bias following the comprehensive confirmation of a renewed MT/LT uptrend bias which has been produced in August.

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  • EUR/USD, USD/JPY, GBP/USD: Assessing Latest Flows Signals? - BofAML

    Date Published: Fri, 13 Oct 2017 00:23:10 +0000

    Bank of America Merrill Lynch FX Strategy Research notes that Despite weak EUR/USD investor flows, official sector flows could start offering some support for the USD.

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  • USD/CAD: Fading The Rallies Into BoC Meeting In 2 Weeks - TD

    Date Published: Thu, 12 Oct 2017 21:01:23 +0000

    TD FX Strategy Research recommends fading USD/CAD rallies ahead of the BoC meeting in two weeks. 

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  • USD/JPY: Signs Of A Limited Short-Term Pullback: Levels & Targets - SocGen

    Date Published: Thu, 12 Oct 2017 17:51:03 +0000

    Societe Generale FX Technical Strategy Research notes that USD/JPY has reached the median of a multi month descending channel at 113/113.30, also the 50% retracement from last year highs, but the formation of a daily shooting star near those levels suggests a possibility of a retracement.

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  • EUR: ECB QE Recalibration; What's The Trade? - Credit Agricole

    Date Published: Thu, 12 Oct 2017 16:04:41 +0000

    Credit Agricole CIB FX Strategy Research notes that as Eurozone political risks have been abating of late, investors are refocusing their attention on improving Eurozone data and the forthcoming October ECB meeting.

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  • EUR/USD: A Signal For A 'Lower For Longer' QE Taper; What's The Trade? - ING

    Date Published: Thu, 12 Oct 2017 14:08:56 +0000

    ING FX Strategy Research comments on yesterday's speech by ECB's Chief Economist Peter Praet in New York in which he shed important light on how asset purchases have helped to anchor the EZ rate curve lower.

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  • Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD - UOB

    Date Published: Thu, 12 Oct 2017 12:57:24 +0000

    There is not much to add as we continue to hold the view that the current recovery in EUR has room to extend higher to 1.1930. While it is early days still, the odds for a sustained move above 1.1930 have 

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  • USD: Is This The Start Of A L-Term USD Bear Market Cycle? Where To Target? - Citi

    Date Published: Thu, 12 Oct 2017 04:19:17 +0000

    Citi Research brings back the attention of FX traders to the cycles on the USD Index (DXY) long-term charts

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  • AUD/USD: On Alert For Bullish Confirmation But Patience Required: Levels & Targets - NAB

    Date Published: Thu, 12 Oct 2017 02:39:29 +0000

    NAB FX Technical Strategy Research maintains its bullish bias on AUD/USD arguing that from a price perspective the positive outlook that have been identified in recent months remains in play.

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  • EUR/USD: Is EUR out of the Catalan woods? What's The Trade? - Credit Agricole

    Date Published: Thu, 12 Oct 2017 01:15:45 +0000

    Credit Agricole CIB FX Strategy Research discusses the EUR outlook following the temporary suspension of the Catalan independence referendum results yesterday.

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