Mar 13, 2015 18:00 pm UTC| Commentary
BofA Merrill Lynch notes in a report on Friday: Its time to lower the trailing stop on EUR/USD once again to 1.0695 (just above yesterdays high at 1.0684). We remain bearish for 1.0283 and potentially below. Finally we...
Mar 13, 2015 17:59 pm UTC| Commentary
BofA Merrill Lynch notes in a report on Friday: EUR/GBP has rallied impulsively over the past 3 days meaning that its trend is turning higher and that GBP should begin to underperform the EUR on a consistent basis going...
Mar 13, 2015 17:59 pm UTC| Commentary
BofA Merrill Lynch notes in a report on Friday: GBP/USD has broken significant, long term support. The push through 1.4862/1.4813 (78.6% of the 2010/2014 advance Jul13 low) points to continued medium term weakness for...
Mar 13, 2015 17:30 pm UTC| Commentary
The dollar trimmed a mild session gain after back to back days of tepid U.S. data argued for a later rather than sooner interest rate hike by the Fed. A day after retail sales fell, wholesale inflation fell 0.6 percent...
Mar 13, 2015 17:29 pm UTC| Commentary
Canadas smaller than expected loss of jobs last month coupled with another subdued U.S. inflation report helped the loonie pare declines. Canada shed 1,000 workers in February, less than the loss of 5,000 that was...
Mar 13, 2015 17:29 pm UTC| Commentary
Japans yen held close to eight-year lows touch this week around 122. The yens loss of value has stemmed in part from rising U.S. Treasury yields that signal a market growing confident in prospects for a Fed rate hike this...
Mar 13, 2015 17:28 pm UTC| Commentary
The euro bled a good portion of its gains from Thursday as bearish sentiment returned to the fore. Weak U.S. spending figures and a market desire to cash in on the greenbacks torrid strength helped buy the euro some...
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