It is anticipated that the pair USD / JPY moves between 109.10 and 110.15 for now, note the currency strategists at UOB Group. Featured Comments 24 hour view: “The strong rise in USD / JPY to a high of 109.83 last Friday was a surprise. The rapid advance has room to test 109.95, but a […]
Tag: Banks
EUR / USD now looks at 1.2050 – UOB
UOB Group forex strategists noted that the EUR/USD now you risk a possible drop to the 1.2050 region in the coming weeks. Featured statements 24-hour perspective: “The rapid and steep decline of the EUR to a low of 1.2091 last Friday was a surprise (we expected the euro to trade between 1.2140 and 1.2200). The […]
BoE: Headlines likely to pass without significant market reaction
Next week, the Federal Reserve and the Bank of England (BoE) they will have their monetary policy meetings. Analysts Rabobank they don’t expect any change from the BoE. They forecast that CPI inflation will peak at 2.5% (y / y) in early 2022, before slowing down. Featured statements UK inflation figures are on a bumpy […]
Euro Zone: Recovery is progressing at a more measured pace
“As the eurozone economy shows a perceptible reaffirmation in growth in the coming months, we expect the European Central Bank to finally do the same by announcing a slower pace of its bond purchases starting in the fourth quarter of 2021 in its September meeting, ”Well Fargo analysts say. They note that the UK’s faster […]
The tapering debate is likely to begin at the next FOMC meeting
Original content: In preview of the FOMC meeting next week, “given recent data, the economic projections of FOMC participants are likely to see an upward revision of PCE inflation in 2021 and the dot plot may be approaching a rate hike before the end of the week. 2023, “said analysts from Rabobank. . Featured statements […]
A drop to 108.90 remains on the table – UOB
The USD / JPY risks a potential drop to the 108.90 region over the next several weeks, UOB Group currency strategists suggest. Key Comments: 24 hour view: “We highlighted yesterday that ‘there is room for USD / JPY to move higher, but no advance is expected to break the main resistance at 109.85’. While our […]
GBP / USD now seen within a wide range between 1.4080 and 1.4220 – UOB
Now GBP / USD is expected to move within the 1.4080-1.4220 range in the coming weeks, say UOB Group currency strategists. Key Comments: 24 hour view: “We expected GBP / USD to ‘fall below main support at 1.4100’ yesterday, but we are of the opinion that ‘it seems unlikely that it will break last week’s […]
EUR/USD mantiene perspectiva neutral – UOB
UOB Group currency strategists note that the outlook for EUR / USD still looks neutral short term. Key Comments: 24 hour view: “We highlighted yesterday that the outlook is mixed and we expected the EUR / USD to trade ‘within a range of 1.2145 / 1.2220’. Subsequently, the EUR / USD traded within a narrower […]
USD / JPY would confirm further gains if sustained break above 109.64 – Credit Suisse
USD / JPY continues to hold the 55-day key average and uptrend support of 109.29 / 19, Credit Suisse analysts note. They are looking for the pair to make a bottom at that level allowing a sustained move above 109.64, which is necessary to confirm a short-term base for a move back to 110.77 / […]
A move to 108.90 remains in sight – UOB
The USD / JPY could still decline and test the 108.90 region in the coming weeks, according to currency strategists at UOB Group. Key Comments: 24 hour view: “Yesterday we expected USD / JPY to ‘trade within a range of 109.10 / 109.60’. However, USD / JPY briefly fell to 109.21 before quickly bouncing to […]
