something interesting

<  BACK TO Market Analysis

PIG TODAY-GBP: Trading Super Thursday - Views From 10 Major Banks

Goldman Sachs: No Changes; Cautious Tone But Slightly Hawkish.

BOE to close out week of central bank inaction. We also expect no changes to the current monetary policy stance in the UK, but we think the tone of the Press Conference, Inflation Report and MPC minutes will be quite cautious but tilt slightly hawkish

Morgan Stanley: GBP To 1.27/1.28 Before Lower.

This week the market focus will be on the BoE's inflation report. The market is still short GBP, suggesting that there is room for positioning adjustment to lift the currency. We think there is potential for GBP/USD to rally back to at least 1.27/1.28 before moving lower again towards our quarter-end target of 1.17

BofA Merrill: Chance Of Hawkish Feel; No Meaningful Impact On GBP

If the Bank of England (BoE) set interest rates on today’s growth and inflation they would likely hike rates on Thursday. But rate setters look forward to set policy. Given the weak sterling they are still balancing a likely inflation overshoot against likely growth weakness. So we expect a neutral bias on policy from the BoE, and expect them to hold rates and not extend QE this week. We think the risks are skewed to a hawkish message. Carney will likely emphasize that there are limits to the BoE’s inflation tolerance and conclude with a simple data watching position: steady as she goes for six months, but if growth does not slow then rate hikes will become more likely. Expectations going into next week's BoE meeting seem to have become increasingly polarized. While few on the Street seem to be forecasting an extension of QE at Thursday's meeting, market pricing in rates and our own sentiment surveys suggest investors remain split on QE. Consequently, we expect a hawkish reaction from the market to our central scenario of an end to QE and a relatively neutral BoE...Our economists' baseline scenario is unlikely to have a meaningful impact on GBP as this is pretty much the consensus view for the meeting

ANZ: Too Early To Call A Sustainable Turn In GBP. 

Sterling has stabilised in recent weeks in part supported by speculation of a bi-lateral trade agreement with the US...However, outside of the potential for ‘squeezes’ in the market, the backdrop to the pound remains highly uncertain. PM May will trigger Article 50 before the end of March and the tone of the negotiations will be important in assessing sterling’s near term path. Meanwhile, whilst growth has impressed (Q4 GDP rose 0.6% q/q) and monetary policy is very supportive, there is a reasonable prospect that growth may slow from here. Hiring trends in the economy have slowed, real income growth will be eroded by rising inflation and investment may suffer. Whilst sterling has discounted a lot, it is still too early to call a sustainable turn.

NAB: BoE On Hold; GBP To Face FormidableResistance At 1.2775.

The key question is the extent to which this good political news is now already in the price of the pound? The sharp rally in GBP/USD reflects some disappointment with the USD as much as a less bleak near-term outlook for the GBP and, with the better growth and monetary policy outlook in the United States, we expect the USD to now gradually begin to find more investor support. The December 2016 high of GBP/USD1.2775 should provide formidable technical resistance to the recent rally and though the Bank of England on Thursday may try to talk tougher on inflation, no-one seriously expects a rate hike at any point over the next 12 months.

Barclays: BoE On Hold But Raises GDP Forecasts.

On Thursday, we expect the BoE to maintain its current policy parameters but likely higher GDP growth forecasts should support rate hike expectations and GBP. Given the strong performance of the UK economy over Q4, the Bank is likely to adjust higher its growth forecasts but may also note some concern about the sustainability of consumption, given the high level of household debt. The inflation forecasts are likely to stay unchanged as Q4 inflation was close to the bank’s forecast while a lessening of imported price pressures and higher UK interest rates are counterbalanced by higher inflation globally.

BTMU: BoE On Hold; Further GBP Upside.

While we do not expect a rate hike this year, we do expect the yield curve to adjust upwards as BoE rhetoric points to a greater desire to tighten monetary policy in 2018...Nonetheless, the resilience of the economy has been impressive and we see clear risks that the UK rates market will start to question the BoE easing from last August and speculation on a change in monetary stance is set to build later this year... We maintain our view of pound appreciation and are increasingly confident that the low-point for the pound post-Brexit is already behind us.

Credit Agricole: BoE On Hold, GBP Rallies A Sell.

The focus will be the BoE’s monetary policy announcement and inflation report. Essentially, we expect the MPC to reiterate its neutral policy outlook and not to renew its QE programme. As such, we expect limited currency impact. From a broader perspective, we believe GBP rallies should still be sold. The longterm outlook remains clouded by political uncertainty, while it cannot be excluded that incoming data will start to weaken more meaningfully. If so, medium-term inflation expectations might fail to break higher, leaving the BoE in a somewhat more comfortable position.

Deutsche Bank: BoE To Maintain A Neutral Bias.

The BoE face a continuing trade off, with data momentum remaining resilient at the same time as spot inflation prints are expected to accelerate over Q1.  Market pricing has moved increasingly hawkish, with just over 50% of a 25bp hike priced by year end, but the MPC are likely to continue to stress downside risks while retaining a neutral bias as they allow Gilt QE to expire. From a technical perspective, the Bank will also publish a new market notice for the next Gilt re-investment.  We see a growing risk that changes to the basket structure will soon be due, which would impact the medium basket in particular.

TD: BoE On Hold; GBP Rebound Temporary. 

We have removed the rate cut from Q4 2017, and now look for the BoE to keep rates on hold through 2017-2018. We still see a strong possibility of a rate move over the next two years, but view the probability of either a hike or a cut as sufficiently high as to prevent us from ruling one out and choosing the other as our base case view. Until the UK outlook becomes clearer, we choose the middle road for rates. FX Strategy: Sterling has seen a moderate rebound as the UK economy remains resilient and some Brexit risks have diminished. With the GBP’s underlying fundamentals still vulnerable, however, we think this is only temporary and expect the downtrend in GBPUSD to resume in the weeks ahead.

Source: efxnews.com

Goldman Sachs: No Changes; Cautious Tone But Slightly Hawkish.

BOE to close out week of central bank inaction. We also expect no changes to the current monetary policy stance in the UK, but we think the tone of the Press Conference, Inflation Report and MPC minutes will be quite cautious but tilt slightly hawkish

Morgan Stanley: GBP To 1.27/1.28 Before Lower.

This week the market focus will be on the BoE's inflation report. The market is still short GBP, suggesting that there is room for positioning adjustment to lift the currency. We think there is potential for GBP/USD to rally back to at least 1.27/1.28 before moving lower again towards our quarter-end target of 1.17

BofA Merrill: Chance Of Hawkish Feel; No Meaningful Impact On GBP

If the Bank of England (BoE) set interest rates on today’s growth and inflation they would likely hike rates on Thursday. But rate setters look forward to set policy. Given the weak sterling they are still balancing a likely inflation overshoot against likely growth weakness. So we expect a neutral bias on policy from the BoE, and expect them to hold rates and not extend QE this week. We think the risks are skewed to a hawkish message. Carney will likely emphasize that there are limits to the BoE’s inflation tolerance and conclude with a simple data watching position: steady as she goes for six months, but if growth does not slow then rate hikes will become more likely. Expectations going into next week's BoE meeting seem to have become increasingly polarized. While few on the Street seem to be forecasting an extension of QE at Thursday's meeting, market pricing in rates and our own sentiment surveys suggest investors remain split on QE. Consequently, we expect a hawkish reaction from the market to our central scenario of an end to QE and a relatively neutral BoE...Our economists' baseline scenario is unlikely to have a meaningful impact on GBP as this is pretty much the consensus view for the meeting

ANZ: Too Early To Call A Sustainable Turn In GBP. 

Sterling has stabilised in recent weeks in part supported by speculation of a bi-lateral trade agreement with the US...However, outside of the potential for ‘squeezes’ in the market, the backdrop to the pound remains highly uncertain. PM May will trigger Article 50 before the end of March and the tone of the negotiations will be important in assessing sterling’s near term path. Meanwhile, whilst growth has impressed (Q4 GDP rose 0.6% q/q) and monetary policy is very supportive, there is a reasonable prospect that growth may slow from here. Hiring trends in the economy have slowed, real income growth will be eroded by rising inflation and investment may suffer. Whilst sterling has discounted a lot, it is still too early to call a sustainable turn.

NAB: BoE On Hold; GBP To Face FormidableResistance At 1.2775.

The key question is the extent to which this good political news is now already in the price of the pound? The sharp rally in GBP/USD reflects some disappointment with the USD as much as a less bleak near-term outlook for the GBP and, with the better growth and monetary policy outlook in the United States, we expect the USD to now gradually begin to find more investor support. The December 2016 high of GBP/USD1.2775 should provide formidable technical resistance to the recent rally and though the Bank of England on Thursday may try to talk tougher on inflation, no-one seriously expects a rate hike at any point over the next 12 months.

Barclays: BoE On Hold But Raises GDP Forecasts.

On Thursday, we expect the BoE to maintain its current policy parameters but likely higher GDP growth forecasts should support rate hike expectations and GBP. Given the strong performance of the UK economy over Q4, the Bank is likely to adjust higher its growth forecasts but may also note some concern about the sustainability of consumption, given the high level of household debt. The inflation forecasts are likely to stay unchanged as Q4 inflation was close to the bank’s forecast while a lessening of imported price pressures and higher UK interest rates are counterbalanced by higher inflation globally.

BTMU: BoE On Hold; Further GBP Upside.

While we do not expect a rate hike this year, we do expect the yield curve to adjust upwards as BoE rhetoric points to a greater desire to tighten monetary policy in 2018...Nonetheless, the resilience of the economy has been impressive and we see clear risks that the UK rates market will start to question the BoE easing from last August and speculation on a change in monetary stance is set to build later this year... We maintain our view of pound appreciation and are increasingly confident that the low-point for the pound post-Brexit is already behind us.

Credit Agricole: BoE On Hold, GBP Rallies A Sell.

The focus will be the BoE’s monetary policy announcement and inflation report. Essentially, we expect the MPC to reiterate its neutral policy outlook and not to renew its QE programme. As such, we expect limited currency impact. From a broader perspective, we believe GBP rallies should still be sold. The longterm outlook remains clouded by political uncertainty, while it cannot be excluded that incoming data will start to weaken more meaningfully. If so, medium-term inflation expectations might fail to break higher, leaving the BoE in a somewhat more comfortable position.

Deutsche Bank: BoE To Maintain A Neutral Bias.

The BoE face a continuing trade off, with data momentum remaining resilient at the same time as spot inflation prints are expected to accelerate over Q1.  Market pricing has moved increasingly hawkish, with just over 50% of a 25bp hike priced by year end, but the MPC are likely to continue to stress downside risks while retaining a neutral bias as they allow Gilt QE to expire. From a technical perspective, the Bank will also publish a new market notice for the next Gilt re-investment.  We see a growing risk that changes to the basket structure will soon be due, which would impact the medium basket in particular.

TD: BoE On Hold; GBP Rebound Temporary. 

We have removed the rate cut from Q4 2017, and now look for the BoE to keep rates on hold through 2017-2018. We still see a strong possibility of a rate move over the next two years, but view the probability of either a hike or a cut as sufficiently high as to prevent us from ruling one out and choosing the other as our base case view. Until the UK outlook becomes clearer, we choose the middle road for rates. FX Strategy: Sterling has seen a moderate rebound as the UK economy remains resilient and some Brexit risks have diminished. With the GBP’s underlying fundamentals still vulnerable, however, we think this is only temporary and expect the downtrend in GBPUSD to resume in the weeks ahead.

Source: efxnews.com

lastest Articles

Market Analysis
Forex Week Ahead – Bring on Earnings Season
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Upside looks limited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Lagarde: Economic recovery would be constrained, uncertain and fragmented
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold eyeing $1,800, dollar mixed, as coronavirus, Hong Kong peg move markets
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Holds steady above $1775 level, bullish bias remains
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BOJ to project economic recovery in report next week – Reuters
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Chinese optimism downs dollar as investors ignore US coronavirus, data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Economic Reopening Continues
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Stocks' strength, dollar downing face Non-Farm Payrolls test as Trump endorses masks
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE's Haskel: Activity appears to be coming back faster than anticipated
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
GBP Bank Account
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Gold shines, markets look for direction after a successful Q2, ahead of busy start to Q3
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold eases below $1770 level, downside seems limited
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Europe fights coronavirus and stuns the dollar
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Markets attempt to shrug off grim coronavirus developments
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Jitters Continue into Busy Week
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar Index clings to gains near 97.50 ahead of data
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB’s Lagarde: Economic recovery will be a complicated matter
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold sticks to the positive outlook
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: Focus now shifted to 1.1170
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates, gold shines as coronavirus rages in the US, triple data release eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD Price Analysis: Rising bets for a test of 1.1400 and beyond
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD recedes from tops above 1.1300
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Falling US Real Yields fuels bull trend towards new highs at $1921 – Credit Suisse
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk rides the Navarro rollercoaster, Eurozone/ UK PMIs, virus stats in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BoE is seen increasing further the size of QE – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk-recovery back in play, US dollar recedes with second-wave virus fears
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Markets play tug-of-war with Covid-19 concerns and reopening momentum
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Coronavirus, weak data outweigh reopening optimism, BOE, jobless claims eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB's de Guindos: Better if EU aid is distributed via grants rather than loans
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD slumps toward $1,710 on improving risk sentiment
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar up as health, geopolitics replace consumer optimism, Powell, COVID-19 data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold clings to modest daily gains, around $1730 area
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Double stimulus talk downs dollar ahead of Powell's power-play, US retail sales
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Coronavirus concerns trigger dollar domination, commodity currencies climb down
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Market Recovery Under Threat?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Houston, we have a problem, US coronavirus, Fed gloom, crash markets, consumers eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Obsessed
Killing Hope ( Before it Kills You )
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro Fails at Resistance as Federal Reserve Expands Lending Program
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Can the dollar lick its wounds? Fed speculation, geopolitics, and data eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD: Brexit, coronavirus and protests to pressure the pound
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: The beginning of the end, $1600 by Q3
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar looking for a new direction after the excellent Non-Farm Payrolls, Lagarde eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – The Recovery Continues
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: 1.1333 initial target reached, aims 1.1495 March peak – Commerzbank
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Cautiously positive
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Risk-on mood continues downing the dollar and yen, will Non-Farm Payrolls change that?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Breaking: ECB leaves key rates unchanged, expands PEPP by €600 billion
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
ECB press conference: Lagarde speech live stream – June 4
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar struggles to recover as US protests calm, data beats, all eyes on ECB stimulus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: Room for further gains, albeit with a temporary retreat
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD drops back to $1720 amid risk-on rally in equities
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: US unrest? Stocks remain restless, extend surge, dollar dives to new lows, top NFP hints eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: XAU/USD finds resistance near $1,745, drops toward $1,730
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Russian oil output falls to 9.39 million bpd in May, close to OPEC+ goal – Interfax
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
GBP/USD: Brexit breakthrough and US demonstrations over George Floyd death to boost the pound
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Sino-US Tensions Come to the Fore
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Crude Oil Futures: Look neutral near-term
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Only a correction? Dollar trying to lick its wounds amid Sino-American tensions
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Company News
Archiving Inactive Accounts & Server Boost
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Trump urges states to open ‘ASAP’ as Dow surges
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Battle lines well-defined, can it break higher?
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Vaccine, Opening optimism overwhelms dollar, Sino-American tensions ignored (for now)
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: At risk of extending its slide
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Russia to temporarily ban oil product imports – Interfax
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar in demand amid high Sino-American tensions, thin liquidity expected
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Reopening Momentum and China in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
BOE’s Ramsden: It is reasonable to have an open mind on negative rates
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
FOMC minutes: Ready to pump in extra stimulus – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil prices tumble alongside global equities amid fears about China turbulence
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
PBoC keeps extra easing on the table – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar Index Price Analysis: Door open to further retracements
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Forecast: XAU/USD Rally Loses Steam
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Crude Oil Stocks Change at -5 million barrels in week ending May 15
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold: Investors continue buying the yellow metal
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar decline resumes after breather due to vaccine doubts, Fed remains in focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Powell speech: Continuing to look at ways to accommodate additional borrowers
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Reasons for the US dollar weakness
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Needs to recapture $1,747 to resume rally
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
After two months, regulators remove short-selling bans
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EUR/USD: The downside is more appealing than the upside
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Play down Powell and risk-on, markets also ignore Sino-American tensions, gold shines
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – More Easing on the Way
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
UK: Major downgrade to the GDP forecast – ABN Amro
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
RBNZ: Rates on hold, QE expanded – UOB
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Dollar dominates after Powell's push back, darkening global clouds, ahead of claims
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
EIA: US Crude Oil Stocks Change at -0.7 million barrels in week ending May 8
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Breaking: FOMC Chairman Powell says additional policy measures may be needed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Euro Latest: EUR/USD Could Break Lower, Powell Speech in Focus
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil storage crisis fading on global production cuts and recovering demand
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Fed's Bullard: Cannot continue economic shutdown for too long
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold Price Analysis: Sustains the bounce above $1700 ahead of US CPI
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold trades with modest gains, just above $1700 mark
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
US Dollar in Favour vs EUR/USD & GBP/USD, CHF Bulls Rise - COT Report
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Today: Markets shrug off horrible US jobs data, Bitcoin tumbles ahead of halving, lockdowns eyed
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Forex Week Ahead – Reopening economies appear to be the only trade in town
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Gold retreats from daily highs, steadies above $1,710
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Oil: A drop in value does not mean it is a bargain
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
NFP: The worst report is the best for the US dollar
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613
Market Analysis
Australia heads for worst GDP contraction since at least 1960
https://secure.gravatar.com/avatar/b23a9c274f4a28b6ab7acddb98b80613