Unicredit: Post-FOMC, pre-BoE trading
The USD crumbled across the board yesterday. Our interpretation of the market response to the Fed hike and communication is that investors believe that...
HSBC: Sell AUDUSD
We recently argued both the AUD and the NZD have rallied a lot more than would have been suggested by movements in the rates...
EURGBP consolidation?
EUR crosses generally edged higher yesterday after notably peripheral spreads tightened on the back of the Italian rating upgrade, and as the dust settled...
Deutsche Bank: Trading payrolls
There is a widely held belief that the market is apt to dismiss a weak US employment report as hurricane distorted, while responding more...
JPY acting out
The JPY has not been behaving itself this year, decoupling from its famous relationship with US yields. US 10Y nominal yields and the US-Japan...
Rabobank on the BoE and GBP
In September, GBP was the best performing G10 currency on the back of the step up in hawkish commentary from the BoE. In our...
Commerzbank’s bearish view on EURUSD
EUR/USD’s outlook stays negative, the market last week closed below 1.1662 the 17th August low and is struggling very near term to regain this...
Macr-On vs Le Pen is Risk-On
The first round results of the French election threw the market no surprises. Emmanuel Macron has come first and Marine Le Pen has come...
BNP Paribas: Bearish USD sentiment at six year extreme ahead of NFPs
Bearish sentiment towards the USD is at a six-year extreme, according to BNP Paribas FX Positioning Analysis.
We expect Friday’s July nonfarm payroll data to show...
Credit Suisse: AUDUSD near to key resistance zone
Australian 4Q16 house price data (ABS) released overnight underscored the RBA’s assessment that “there had been a build-up of risks associated with the housing...
