All eFX Articles

All eFX Articles

USD: What To Expect In Trump's First 100 Days - Credit Agricole
19 Jan 2017 20:13 EDT
The USD bulls have had a dismal start to 2017 but are hoping that President Trump’s first 100 days in office can revive the dollar rally. ‘Trumponomics’ is based on three pillars:...
NZD/USD: Targeting A Retest Of The Broken Uptrend Channel - NAB
19 Jan 2017 17:19 EDT
Price is in the process of completing its fourth consecutive up week. This aggressive bounce has negated the downtrend that began in September 2016 at 0.7486 (downtrend break confirmed by the recent...
Jan ECB: Watch ECB Communication For Possible Disagreements Within The GC - Barclays
19 Jan 2017 15:40 EDT
As widely expected, January's ECB meeting did not deliver any changes.  President Draghi made it very clear that the increase in headline inflation, which is due to continue in the...
Jan ECB: Draghi Remains Dovish; QE Purchases To Continue In 2018 - Danske
19 Jan 2017 14:13 EDT
The ECB did not deliver any surprises at today's meeting. The main conclusion was that the ECB 'will continue to look through changes in HICP inflation if judged to be transient and to...
Jan ECB: Dovish As Expected - SEB
19 Jan 2017 13:21 EDT
Having already mapped its monetary policy course for full 2017 at its last meeting in 2016 (8 Dec), the ECB Governing Council did not deliver any further policy adjustments at its first Governing...
BoP Back In Focus: FX Implications - BofA Merrill
19 Jan 2017 12:10 EDT
As we enter a year where the transition from monetary policy to fiscal policy is likely to become an increasingly important theme for many G10 currencies, we think there is likely to be a ...
AUD/JPY: Bullish Breakout Targets - Credit Suisse
19 Jan 2017 11:12 EDT
AUDJPY signalled a bullish trend change in November 2016 on the break of its mediumterm downtrend from 2014.  A cap has initially been found at the 50% retracement of the November 2014/June...
USD/CAD: Staying Bullish & Long Post-BoC Targeting 1.37 In 2-Month - Credit Agricole
19 Jan 2017 10:02 EDT
The BoC policy announcement was broadly in line with expectations. Growth projections for 2016-17 were revised slightly higher but the statement brought back the October assessment that the risks to...
EUR/USD: Now Broadly In Line With S/T Fundamentals; Staying Neutral - BTMU
19 Jan 2017 09:21 EDT
EUR/USD – NEUTRAL BIAS – (1.0400-1.0800). The EUR/USD rate should continue to be driven by the US dollar leg in the week ahead. The US dollar has been correcting modestly lower early this...
USD: Dips A Buy In H1; Fade EUR/USD Rallies Into 1.07 Targeting 1.05 - TD
19 Jan 2017 08:52 EDT
The greenback has given back some of its overnight gains but firmer on the week. A few factors have helped the move. First, Fed speakers, notably Yellen, sounded more upbeat on the economy, providing...