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Staying Short AUD/USD: Bearish We Stand; – Morgan Stanley

Staying Short AUD/USD: Bearish We Stand; – Morgan Stanley

Nov 22, 2014 09:20
The Australian dollar managed to pare some of its losses thanks to the news about the Chinese rate cut late in the week. But is this enough for a move to the upside? The team...

Majors»

EUR/USD Forecast Nov. 24-28

EUR/USD Forecast Nov. 24-28

Nov 22, 2014 15:00
EUR/USD traded in range for some time, but eventually lost ground and closed under 1.24. Can it extend its falls?The main events this week are the preliminary inflation releases,...
  • Forex Weekly Outlook November 24-28
    Forex Weekly Outlook November 24-28
    The dollar strengthened quite nicely, with the exception of the loonie, as the US economy and the Fed remain firmly...
    on Nov 21, 2014 16:20
  • USD/JPY Forecast Nov. 17-21
    USD/JPY Forecast Nov. 17-21
    The US dollar continues to hammer the yen, as USD/JPY jumped about 160 points last week. The yen is in free-fall,...
    on Nov 16, 2014 13:35
  • EUR/USD Forecast Nov. 17-21
    EUR/USD Forecast Nov. 17-21
    EUR/USD traded well within known ranges, supported by some news of growth. A busy week awaits us with an important...
    on Nov 15, 2014 15:00

Minors»

USD/CAD Forecast Nov. 24-28

USD/CAD Forecast Nov. 24-28

Nov 23, 2014 16:02
The Canadian dollar showed some movement in both directions but was little changed at week’s end. USD/CAD posted slight losses, closing the week at 1.1231. This week’s...
  • AUD/USD Forecast Nov. 24-28
    AUD/USD Forecast Nov. 24-28
    AUD/USD headed to lower ground last week, losing close to 100 points. The pair closed at 0.8659. This week’s...
    on Nov 23, 2014 14:12
  • NZD/USD Forecast Nov. 24-28
    NZD/USD Forecast Nov. 24-28
    The New Zealand dollar struggled to continue advancing, as contradicting data kept it abay. What’s the...
    on Nov 23, 2014 11:37
  • AUD/USD Forecast Nov. 17-21
    AUD/USD Forecast Nov. 17-21
    AUD/USD bounced back last week, gaining close to 100 points. The pair closed at 0.8736. This week has six events,...
    on Nov 16, 2014 18:27

Basics & Industry»

The Hollywood Indicator

The Hollywood Indicator

Nov 12, 2014 12:51
It is no secret that we traders love it when Hollywood takes a look at our industry, even when we consider that mostly, the treatise will not be complimentary. Is this some...

Recent Articles

USD/CAD Forecast Nov. 24-28

USD/CAD Forecast Nov. 24-28

The Canadian dollar showed some movement in both directions but was little changed at week’s end. USD/CAD posted slight losses, closing the week at 1.1231. This week’s highlights are Retail Sales and GDP. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. Canadian Wholesale Sales impressed with a sharp gain in September.

AUD/USD Forecast Nov. 24-28

AUD/USD Forecast Nov. 24-28

AUD/USD headed to lower ground last week, losing close to 100 points. The pair closed at 0.8659. This week’s highlight is Private Capital Expenditure. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. An unexpected Chinese rate cut gave the Aussie a brief lift, but the currency still lost ground against

NZD/USD Forecast Nov. 24-28

NZD/USD Forecast Nov. 24-28

The New Zealand dollar struggled to continue advancing, as contradicting data kept it abay. What’s the next move? Trade balance and business confidence are the main events. Here is an analysis of fundamentals and an updated technical analysis for NZD/USD. The retail sales report was quite encouraging: the volume of sales grew by 1.5% in Q3, around

EUR/USD Forecast Nov. 24-28

EUR/USD Forecast Nov. 24-28

EUR/USD traded in range for some time, but eventually lost ground and closed under 1.24. Can it extend its falls?The main events this week are the preliminary inflation releases, employment data as well as another German business survey. Here is an outlook on the highlights of this week and an updated technical analysis for EUR/USD. After long

Staying Short AUD/USD: Bearish We Stand; – Morgan Stanley

Staying Short AUD/USD: Bearish We Stand; – Morgan Stanley

The Australian dollar managed to pare some of its losses thanks to the news about the Chinese rate cut late in the week. But is this enough for a move to the upside? The team at Morgan Stanley remain bearish on AUD/USD and set targets: Here is their view, courtesy of eFXnews: Relative to consensus, Morgan

EUR/USD grinds down below 1.24 – heads for lowest close since 2012

EUR/USD grinds down below 1.24 – heads for lowest close since 2012

EUR/USD continues its slide following fresh determined dovish words of ECB president Mario Draghi. The pair that traded just below resistance at 1.2570 earlier in the day is extending its falls and isn’t far from completing a slide of 200 pips from the peak on the day. Looking at the daily chart, we can actually

Forex Weekly Outlook November 24-28

Forex Weekly Outlook November 24-28

The dollar strengthened quite nicely, with the exception of the loonie, as the US economy and the Fed remain firmly on track. Euro-zone inflation data, US, UK and Canadian GDP data, US Durable Goods Orders,  and housing data are the most important economic releases in the last week of the month. Here is an outlook on

Markets Awash in Liquidity; Loonie Leaps after CPI

Markets Awash in Liquidity; Loonie Leaps after CPI

With the Federal Reserve telegraphing to financial markets that a rate tightening cycle is slowly emerging on the horizon, the liquidity baton used to insulate global growth has been passed on to other developed nations, two of which signaled to markets overnight that the liquidity spigots were far from being turned off. Though many had

Chinese rate cut lifts AUD/USD from the lows

Chinese rate cut lifts AUD/USD from the lows

In the first rate cut in over two years, the People’s Bank of China announced a rate cut. While a move was expected, the timing was surprising from Australia’s No. 1 trading partner. AUD/USD is moving up, flirting with 0.87. This moves saves the pair from a not so good week otherwise. China cut the

EUR/USD: One More Leg Lower Before Flattening-Out In Dec – Citi

EUR/USD: One More Leg Lower Before Flattening-Out In Dec – Citi

Euro/dollar was hit hard by ECB president Mario Draghi. Can it go further below? The team at Citi sees one more leg down, explains and sets targets for its short EUR/USD position: Here is their view, courtesy of eFXnews: CitiFX Technicals retain its strongly bullish medium term view for the USD suspecting that we could see