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Unicredit: Take profit on short TRY-PLN

Mar 05, 2015 10:26 am UTC| Commentary

Quotes from Unicredit On 23 February 2015 we recommended selling TRY-PLN at 1.49 with atarget of 1.4350 and a stop-loss at 1.509. Today we decide to take profitat 1.4565 and close the trade with a spot return of 2.25%...

Unicredit: Fixed Income View

Mar 05, 2015 10:03 am UTC| Commentary

Quotes from Unicredit We expect hopes for a lot of detail on the ECBs expanded APP to be disappointed and the impact of todays press conference likely to be neutral. The expected upward revision of GDP highlights that...

Unicredit: FX Strategy - EUR, JPY

Mar 05, 2015 10:02 am UTC| Commentary

Quotes from UnicreditWe expect hopes for a lot of detail on the ECBs expanded APP to be disappointed and the impact of todays press conference likely to be neutral. EUR-USD: Yesterdays trading was dominated by both USD...

Societe Generale: ECB QE approaches lift off. Euro still falls

Mar 05, 2015 09:58 am UTC| Commentary

Quotes from Societe Generale Todays ECB meeting in Cyprus should be accompanied by a few more details about the bond-buying programme, but few fireworks. Re-affirmation of the commitment to buy EUR 60bn per month, some...

Lloyds Bank: FX Review

Mar 05, 2015 09:35 am UTC| Commentary

Quotes from Lloyds Bank The USD made gains against EUR, GBP and other European currencies yesterday, while the commodity currencies held relatively better. This could be market positioning ahead of US payrolls. While...

Standard Chartered: Strong coal prices are unsustainable

Mar 05, 2015 09:25 am UTC| Commentary

Quotes from Standard Chartered Coal prices have been declining for four consecutive years, and the coal market is in its fifth year of oversupply. Higher-cost producers in Australia are coming to terms with the...

Danske Bank: Euro Inflation to increase sharply this year

Mar 05, 2015 09:23 am UTC| Commentary

Quotes from Danske Bank Euro inflation surprised on the upside in February and consequently we revise our forecast for 2015 up and into positive territory. The upward revision is driven by higher energy and food price...

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