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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»

GBP/USD Forecast Nov. 24-28

GBP/USD Forecast Nov. 24-28

Nov 23, 2014 18:38
The British pound managed to hold its own against the dollar last week, showing slight losses. The pair closed at 1.5627. This week’s key events are the Inflation Report...
  • USD/JPY Forecast Nov. 24-28
    USD/JPY Forecast Nov. 24-28
    The wobbly yen continues to lose ground, as USD/JPY climbed close to 100 points last week. The pair closed at...
    on Nov 23, 2014 17:25
  • 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...
    on Nov 22, 2014 15:00
  • 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

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

GBP/USD Forecast Nov. 24-28

GBP/USD Forecast Nov. 24-28

The British pound managed to hold its own against the dollar last week, showing slight losses. The pair closed at 1.5627. This week’s key events are the Inflation Report Hearings and Second Estimate GDP. Here is an outlook on the major events moving the pound and an updated technical analysis for GBP/USD. British CPI remained steady at 1.3%, while Retail Sales posted an excellent gain

USD/JPY Forecast Nov. 24-28

USD/JPY Forecast Nov. 24-28

The wobbly yen continues to lose ground, as USD/JPY climbed close to 100 points last week. The pair closed at 117.72. This upcoming week has six events. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY. Japanese GDP was unexpectedly low at -0.4%, as the Japanese economy officially entered a recession. This weighed

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