All eFX Articles

All eFX Articles

USD: Room For A Pause In USD Weakness Into Year-End On A Repricing Of Fed Dec Hike - CIBC
20 Aug 2017 21:34 EDT
CIBC FX Strategy Research notes that policymakers in the US have appeared reasonably comfortable that inflation will start to heat up again. "...And even though it hasn’t shown much sign...
EUR/USD: Re-Emerging USD Scarcity To Push EUR/USD Lower In Q4 - Nordea
20 Aug 2017 19:37 EDT
Nordea FX Strategy Research argues that the USD is about to see some tailwind from improvements in US macro and from USD-scarcity in Q4. "Our excess liquidity forecast nonetheless suggests...
IMM Report: Profit-Taking In Long EUR, CAD, NZD As JPY Shorts Cover
20 Aug 2017 19:10 EDT
Scotiabank FX Strategy Research comments on the latest IMM report (covering up to Tuesday Aug 15 and were released Friday Aug 18). Overall, ScotaiFX notes that this week’s positioning...
Week Ahead: 'Two Steps Forward, One Step Back' For USD; What's Next? - Credit Agricole
20 Aug 2017 17:01 EDT
Credit Agricole CIB FX Strategy Research notes that the current theme for the USD seems to be ‘two steps forward, one step back’ as stronger activity data and constructive comments from...
EUR/USD: Scope For A Move Towards 1.15 Post Jackson-Hole Before Higher - ING
20 Aug 2017 14:43 EDT
ING FX Strategy Research has been arguing since the July ECB meeting that markets might have got ahead of themselves when it comes to pricing in the ECB's next steps. "Less aggressive...
GBP: Investors Unlikely To Have Any Appetite To Long GBP Ahead Of Key Events - BofAML
18 Aug 2017 15:40 EDT
Bank of America Merrill Lynch FX Strategy Research argues that politics, more than data, matter for GBP especially with a heavy Brexit calendar through to year-end. "We think markets...
EUR/USD: Modest Consolidation; Near-Term Dips Buying opportunities - TD
18 Aug 2017 14:37 EDT
TD FX Strategy Research thinks the balance of risks favor some modest EUR/USD consolidation into Jackson Hole, especially noticing that it is likely that ECB President Draghi will not...
EUR/USD: Topping Out; An Opportunity For The Patient USD Bull - BNPP
18 Aug 2017 12:59 EDT
BNP Paribas FX Strategy Research notes that EUR/USD appears to be topping out with momentum model signals that EUR momentum has peaked, while positioning analysis framework suggests EUR/USD...
EUR/USD: Still Fancy A Break Higher Despite Risk Of Technical Correction - SocGen
18 Aug 2017 11:18 EDT
Societe Generale Cross Asset Strategy Research notes that bond yields remain thoroughly range-bound, even if they're at the lower end of ranges.  "Unless US yields get a lot of mojo...
USD/JPY: Neutral Here But Downside Risks Are Building Towards 108.50 - BTMU
18 Aug 2017 10:01 EDT
BTMU FX Strategy Research expects that for next week, USD/JPY topside may be heavy due to the USD’s weakness and USDJPY basis swap hedging. "The lower bound is likely to be supported...