Looking at the performance of currencies so far this year, it looks like a typical “risk-on” move: the commodity currencies have gained, and the safe-haven JPY…
Note: The table above is updated before publication with the latest consensus forecasts. However, the text & charts are prepared ahead of time. Therefore there can…
Note: The table above is updated before publication with the latest consensus forecasts. However, the text & charts are prepared ahead of time. Therefore there can…
Note: The table above is updated before publication with the latest consensus forecasts. However, the text & charts are prepared ahead of time. Therefore there can…
Last week’s Weekly Outlook was “The Reflation Trade is On.” It seems that this week, the implications of that trade started to dawn on investors. If…
The USD is currently gaining momentum but as stock markets are seemingly depreciating, we might see the JPY taking over. In an attempt to regain safe-haven…
The Australian dollar slipped to a three-week low this morning as the RBA looks set to enhance monetary easing. Current consensus is that the additional stimulus…
The EUR/AUD is set to depreciate further if the recent support area can be broken. Yesterday’s latest GDP figures in Australia revealed that the nation’s economy…
GBP/AUD traded lower during the Asian session yesterday, after hitting resistance near Monday’s high of 1.8290. That said, the slide bottomed out near the 1.7725 level,…
After a 600pip move higher, the EUR could be ready for a break lower. Most technical indicators are in extreme overbought conditions showing potential risk to…
