Trade Ideas

Buy USD Now

Take “Considerable” Care of Fed Wording: Plosser doesn’t like it, and we can assume from recent comments that Fisher doesn’t either,

Look To Buy USD On Dips

The FOMC statement provided a little sparks to markets yesterday.

Buy USD/CAD – Barclays

Investors following tactical strategies should consider buying USD/CAD this week, advises Barclays Capital in its weekly FX pick to clients.

AUD/USD: Buy on Dips

Mixed labour data has been keeping the AUD under pressure recently.

FX Trading Ideas to Play This Week

RBS is out with a note outlining some tactical FX trading ideas to play this week.

Trade Ideas For Q3

Short EURJPY. Recent developments on inflation support our call that the yen has bottomed against the USD.

We remain long USD

Yesterday BNBP Paribas opted to take partial profit on long USD exposure, closing out its long USD/CHF provision from 0.8044 for a 1.3% gain.

Time To Sell Cable

GBP/USD has been testing a historically pivotal area around 1.7040-1.7170 but has failed to sustain a rally through there, notes Citi FX Technicals.

EUR/GBP: Long or Short

Barclays’ rationale behind the short EUR/GBP trade is as follows:

GBP/USD hourly– Only a decisive break above 1.7050 would eliminate the setback risk

• The market is still struggling with key-pivotal resistance 1.7044/49 (2009 high/2005 low) which needs to

EUR/USD hourly – A break above 1.3676 is needed to open additional upside

• The market has finally managed to trade away from key-support at 1.3477 (2014 low) which supports our view that a stronger bounce (wave 2 or wave B) could be looming.

EUR/GBP weekly– Make or break at 0.7961!

• Having already exceeded the internal 76.4 % retreatment at 0.8005 quite a bit, chances of running into