MUFG Bank Analysts expect the USD / CHF pair to break below the 0.9000 area. They explain that the news about the COVID-19 vaccine challenges the strength of the Swiss franc, but the main central banks will continue to maintain a flexible monetary policy well into the recovery that supports the attractiveness of the CHF. […]
Tag: Banks
EUR / USD remains bullish in the short term as long as it is above 1.1800 – Commerzbank
EUR / USD is on the rise as the pair is currently hovering around 1.1930, up 0.15% on the day. Axel Rudolph, FICC Senior Technical Analyst at Commerzbank, keep a bullish outlook while EUR / USD trades above 1.18 level. “EUR / USD continues to probe the 78.6% retracement at 1.1926. We need to clear […]
Outlook remains positive – UOB
The currency strategists of UOB Group noted that the EUR/USD it shows companies and it is expected that come up in the next few weeks. 24 hour perspective: “Yesterday, we held the view that there was room for the EUR to first test 1.1955 before a pullback could be expected. Our outlook was not entirely […]
USD / JPY keeps navigating within the range 103.70-105.30 – UOB
In the opinion of the currency strategists of UOB Group, the USD / JPY looks between 103.70 and 105.30 in the short-term horizon. 24 hour perspective: “The USD traded between 104.24 and 104.59 yesterday before closing little changed at 104.45 (+ 0.02%). The range was narrower than our expected range of 104.20 / 104.80. Price […]
GBP / USD now focuses on 1.3480 – UOB
The bullish momentum of the pound has improved and could try move to 1.3480 in the next few weeks, as suggested by the currency strategists of UOB Group. 24 hour perspective: “We highlighted yesterday that we saw possibilities for the British pound to rise to 1.3400. We added that the outlook for a sustained advance […]
EUR / USD now points towards – UOB
The currency strategists of UOB Group they pointed out that the EUR / USD could gradually approach 1.1980 in the coming weeks. 24 hour perspective: “We expected the EUR to strengthen yesterday and we are of the opinion that a breakout of 1.1920 could trigger more buying towards the next resistance at 1.1955. While the […]
Brent oil begins to gain bullish momentum with room to move towards $ 60
Brent crude oil It is gaining momentum to the upside after being in range for months and Credit Suisse strategists see scope for the strength to extend towards $ 60 if the market sees a weekly close above the August high of $ 46.53. Key takeaways “Brent crude has risen sharply after maintaining the 38.2% […]
NZD / USD set to test June 2018 high at 0.7061 – Commerzbank
The NZD / USD is at two-year highs after eroding the highs of December 2018, January and March 2019 at 0.6939 / 70. The kiwi now looks to the June 2018 high of 0.7061, says Karen Jones, Technical Analysis Research Team Leader at Commerzbank. Key statements: “The NZD / USD is eroding the December 2018, […]
GBP / USD looks for a move above 1.3400
UOB Group currency strategists see that GBP / USD will attempt to move above the 1.3400 level on the short-term horizon. Key Comments: 24 hour view: “While we expected GBP / USD to strengthen yesterday, we were of the opinion that ‘1.3360 is probably out of reach.’ The subsequent strength of the British pound exceeded […]
EUR / USD will trade 1.1760-1.1920 in the coming weeks – UOB
In the opinion of the currency strategists of UOB Group, EUR / USD is forecast to hold the 1.1760-1.1920 trading range in the coming weeks. 24 hour perspective: “Yesterday we expected the EUR to trade sideways within a range of 1.1840 / 1.1890. However, the euro rose to a high of 1.1905 and then fell […]
