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EUR/USD: Is This A Turning Point? – Credit Agricole

EUR/USD: Is This A Turning Point? – Credit Agricole

Mar 26, 2015 16:40
EUR/USD has fallen off the highs thanks to the dollar’s weakness (here are 3 reasons). However, it is still trading high – not too far from 1.10. The team at Credit...

Majors»

USD/JPY Forecast Mar. 23-27

USD/JPY Forecast Mar. 23-27

Mar 22, 2015 19:32
USD/JPY dropped about 140 points last week, as USD/JPY closed just below the 120 line. This week’s highlights are Tokyo Core CPI and Retail Sales. Here is an outlook...
  • GBP/USD Forecast Mar. 23-27
    GBP/USD Forecast Mar. 23-27
    The British pound showed strong movement in both directions last week, and GBP/USD gained about 180 points....
    on Mar 22, 2015 15:34
  • EUR/USD Forecast Mar. 23-27
    EUR/USD Forecast Mar. 23-27
    EUR/USD certainly enjoyed a recovery, resulting mostly from weakness in the USD. Has it bottomed out? A testimony...
    on Mar 21, 2015 14:00
  • Forex Weekly Outlook Mar. 23-27
    Forex Weekly Outlook Mar. 23-27
    The US dollar suffered a blow from the Fed, but the reaction was not equal across the board, in a week that saw...
    on Mar 20, 2015 15:41

Minors»

AUD/USD Forecast Mar. 23-27

AUD/USD Forecast Mar. 23-27

Mar 22, 2015 17:23
The Australian dollar reversed directions and gained about 150 points last week. AUD/USD closed the week at 0.7761. The upcoming week has just four events. Here is an outlook...
  • NZD/USD Forecast Mar. 23-27
    NZD/USD Forecast Mar. 23-27
    The New Zealand dollar enjoyed a positive week, riding on the weakness of the US dollar among other things. The...
    on Mar 22, 2015 10:35
  • USD/CAD Forecast Mar. 23-27
    USD/CAD Forecast Mar. 23-27
    The Canadian dollar rebounded with an excellent week, as USD/CAD plunged about 260 points last week. The pair...
    on Mar 22, 2015 10:21
  • AUD/USD Forecast Mar. 16-20
    AUD/USD Forecast Mar. 16-20
    The Australian dollar continued its losing ways, dropping about 100 points last week. AUD/USD closed at 0.7622. There...
    on Mar 15, 2015 14:47

Basics & Industry»

QE: Who got it right, Krugman or the Gold bugs? – Market Movers #41

QE: Who got it right, Krugman or the Gold bugs? – Market Movers #41

Mar 13, 2015 10:49
This episode of Market movers is dedicated to Quantitative Easing (QE). This happens as the “QE baton” is passed from the Federeal Reserve to the ECB. These banks...

Recent Articles

EUR/USD: Is This A Turning Point? – Credit Agricole

EUR/USD: Is This A Turning Point? – Credit Agricole

EUR/USD has fallen off the highs thanks to the dollar’s weakness (here are 3 reasons). However, it is still trading high – not too far from 1.10. The team at Credit Agricole examines whether euro/dollar is at a turning point. Here is their view, courtesy of eFXnews: The Eurozone economic outlook is improving and portfolio

US dollar stages a recovery – 3 reasons

US dollar stages a recovery – 3 reasons

The US dollar has been on the back foot for long days. Some had already suspected that this move was more than a correction but actually a change of course. While it is too early to say that this correction is over, the greenback is now backed in a more serious manner. 3 events today gave the dollar a significant

Oil Bubbles Higher on Fresh Airstrikes

Oil Bubbles Higher on Fresh Airstrikes

Crude prices rose by 6 percent overnight after Saudi Arabia and allies launched air strikes on Yemen, which also pushed equities lower in Europe, the Mid East and Asia. Currencies such as the AUD, CAD and NOK – so called “commodity currencies” – were big winners as WTI crude touched $52 per barrel, up $4

US jobless claims fall to 282K – USD marginally stronger

US jobless claims fall to 282K – USD marginally stronger

A better than expected figure from the US: 282K jobless claims, lower than 291K predicted. This sends the 4 week moving average below 300K to 297K, after long weeks above this level. Continued claims stand at 2.416 million, similar to previous number. The USD is slightly stronger after the release, but nothing earth shattering. EUR/USD

UK retail sales + 0.7% – GBP/USD higher

UK retail sales + 0.7% – GBP/USD higher

Some good news from the UK: the volume of retail sales rose 0.7%, almost double the early expectations. GBP/USD is on the rise, reaching a high of 1.4988. Can it top 1.50? The United Kingdom was expected to report a rise of 0.4% in retail sales, following a disappointing drop of 0.3% in January. GBP/USD traded

Dollar on defensive

Dollar on defensive

The dollar is on the defensive in the early part of the European session. This is most noticeable on USDJPY, which is now below the 118.50 level. The price action is not more indicative of a dollar correction after the volatility seen in the wake of the Fed decision, rather than a pause in the

Canadian dollar higher on Yemen crisis

Canadian dollar higher on Yemen crisis

The conflict in Yemen has escalated and has reached center stage, pushing the prices of oil higher. This in turn has benefited the Canadian dollar against the US dollar – the latter has been on the back foot in recent days. Yemen Saudi Arabia began bombing the Shiite rebels in Yemen. This came after the president was forced

An Uneven USD Pullback; What’s Next? – Credit Suisse

An Uneven USD Pullback; What’s Next? – Credit Suisse

The US dollar is no longer sweeping the board, and actually losing out to some currencies. The changes are far from being even. Credit Suisse analyzes the situation and explains what’s next for the greenback: Here is their view, courtesy of eFXnews: Last week’s FOMC meeting decision saw the “patience” language removed but at the

EUR To Gain Further Vs USD, GBP; AUD/USD Holds 50d MA – BofA Merrill

EUR To Gain Further Vs USD, GBP; AUD/USD Holds 50d MA – BofA Merrill

EUR/USD has been flirting with 1.10 lately, but hasn’t really made a definitive decision on its next direction. The team at Bank of America Merrill Lynch sees more gains ahead for the pair and has ideas also on GBP and AUD: Here is their view, courtesy of eFXnews: EUR continues to push higher against both

GBP/USD: Trading the UK Retail Sales

GBP/USD: Trading the UK Retail Sales

British Retail Sales is considered one of the most important economic indicators. A reading that is higher than the market forecast is bullish for the British pound. Update: UK retail sales + 0.7% – GBP/USD higher Here are all the details, and 5 possible outcomes for GBP/USD. Published on Thursday at 9:30 GMT.  Indicator Background Retail Sales is the primary gauge of