Latest Forex Research
BNP Paribas research – FX Daily Strategist Feb 12
If you wish to receive this BNP Paribas research report (and many other) on a daily basis, subscribe now or request a free 5-day trial. Significant change to Fed forecasts to impact USD direction Financial markets remain in the grip of severe risk aversion and against this backdrop current account surplus-backed currencies continue to […]
Credit Suisse research – A top for Japan confirmed
If you wish to receive this Credit Suisse research report (and many other) on a daily basis, subscribe or request a free 5-day trial. USDJPY finally confirms a medium-term top As we have already highlighted on a couple of occasions this year (A major top for Japan, 20th January), we have been bears of […]
Commerzbank research – How much upside potential does EUR-USD have?
If you wish to receive this Commerzbank research report (and many other) on a daily basis, subscribe or request a free 5-day trial. How much upside potential does EUR-USD have? EUR-USD is trading above 1.13 – a consequence of general USD weakness after the market’s re-assessment of the Fed expectations. Such levels, however, could […]
UBS Research – FX Flows: USD weakness not echoed in flow data
If you wish to receive this UBS research report (and many other) on a daily basis, subscribe or request a free 5-day trial. A mixed picture… The theme of the week was broad based dollar weakness, but USD flows were less clear-cut showing a more or less flat picture (Figure 1). Despite the notable […]
Credit Suisse FX Daily – EURGBP maintains a large bullish base above .7494.
If you wish to receive this report (and many other) on a daily basis, subscribe or request a free 5-day trial. Today’s highlights: ■ EURUSD has initially been capped below 61.8% retracement resistance at 1.1259, but we stay bullish for 1.1387, then 1.1459/95. ■ EURGBP maintains a large bullish base above .7494. ■ USDJPY spotlight […]
Societe Generale – In the Charts Forex
If you wish to receive this report (and many other) on a daily basis, subscribe or request a free 5-day trial. Today’s key points Having achieved our advocated target of 0.7750, EUR/GBP has been undergoing a pause. The pair has sustained above the confirmation level of the double bottom and inverted H&S at 0.75/0.7450 which […]
Deutsche Bank G10 Trade Idea of the Week – Short EUR/SEK
If you wish to receive this report (and many other) on a daily basis, subscribe or request a free 5-day trial. Target 9.15, stop 9.52, entry 9.4250 These are relatively good levels to reenter EUR/SEK shorts, Thursday’s Riksbank meeting notwithstanding. Even if the Riksbank were to cut rates again, a very strong domestic data pulse […]
Goldman Sachs – China: FX reserves fell US$99bn in January to US$3.23tn
If you wish to receive this report (and many other) on a daily basis, subscribe or request a free 5-day trial. Bottom line: The PBOC’s FX reserves decreased US$99bn to US$3.23tn in January (Bloomberg consensus: -$118bn; December: -$108bn). After adjusting for estimated currency valuation effects, the fall in reserves may have been about US$89bn (vs. […]
Deutsche Bank – Early Morning Reid – August 28
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Citibank FX Pick of the Day
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UBS FX Strategy: Spot Desk – More USD Buying
If you wish to receive this report (and many other) on a daily basis, subscribe or request a free 5-day trial. Spot Desk – More USD Buying Zurich Spot Desk EURUSD: Market participants that took advantage of the short squeeze earlier in the week were happy to take some profit ahead of […]
Barclays FX Thoughts for the Week Ahead – From one anxiety to another
If you wish to receive this report (and many other) on a daily basis, subscribe or request a free 5-day trial. FX Thoughts for the Week Ahead From one anxiety to another Growing concern about Chinese economic activity has left FX markets little time to consolidate following the recent conditional agreement between Greece […]