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...

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...

Nomura US data preview

Nomura analysts publish their view on today's US macroeconomic data. What should we expect from ADP employment report and ISM npn-manufacturing PMI?  ADP employment report:...

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...

Correlation between EURUSD and EURGBP back to normal

Equity indices are still making new highs, cheering the low level of Treasury yields (and the implied low level of terminal Fed Funds) while paying...

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...

HSBC: ECB Tomorrow. What to expect?

Since the 2013/2015 US taper seems like a pretty good analog to the ECB story, the chart below is a reminder of the time...

Six unrelated thought about the market

Before another #SuperThursday HSBC analytic, Brent Donnelly prepared six unrelated thought about the current state of the market. Take a look and decide if he's...

Lloyds Bank on GBP/USD

This weekend’s G7 summit in Italy saw German Chancellor Angela Merkel deliver the stark message that reliable relationships developed since World War II “are...

Danske Bank: EURUSD will hit 1.22

On Friday, the US jobs report came out better than expected with a fall in the unemployment rate and unchanged wage growth (against expectations...

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