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1080 days ago

Cable rate tops 1.40 handle amid UK optimism, dollar sell-off

GBP/USD - the pound vs US dollar forex pair - has surged over the past week - and just just reached 1.40 - an area of resistance throughout March.

#Forex
Cable rate tops 1.40 handle amid UK optimism, dollar sell-off

1081 days ago

Investors reassess euro currency expectations

As the currency climbs toward $1.20, some in the investment community worry their projections for the months ahead look too gloomy. Goldman Sachs Group Inc. this week revised up its three-month forecast to $1.25 from $1.21. Meanwhile, BNP Paribas, Pictet and Manulife Investment are predicting German bond yields will turn positive by December for the first time in two years.

#Forex

1085 days ago

Forex update: Ruble brushes off new US sanctions on Russia

Forex markets barely budged on the widely anticipated 'muscular' new sanctions on Russia - including on its Sovereign bond market.

#Forex #Technical Analysis
Forex update: Ruble brushes off new US sanctions on Russia

1085 days ago

US Retail Sales Preview: Blowout expected

The big item on today's economic calendar is March US retail sales data

#Forex
US Retail Sales Preview: Blowout expected

1086 days ago

Credit Suisse sees 2-way risk in EUR/CHF on FX reserves selling

"We believe that the SNB sold CHF 583 million worth of FX reserves in February. A small amount compared to a total of CHF 934 billion. However, it appears that the SNB shifted reserves in March as well. These sales should not be seen as a tightening of monetary policy but as an attempt to defuse the tensions with the US in light of the Treasury currency manipulator label" 

"Nevertheless, we believe this move introduces more two-way risk in EURCHF from here, keeping FX vols supported"  

#Forex
Credit Suiise see 2-way risk in EUR/CHF on FX reserves selling
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