Den här veckans fråga kommer från Rick, som frågar: De flesta erfarna handlare säger att nyheterna är inbyggda i diagrammen, så fokusera inte på det. Men om du inte uppmärksammar nyheterna, hur vet du vad som händer med en viss ekonomi? Det är en laddad fråga. Inte för att det är alltför komplicerat, men […]
The Bank of Canada left rates unchanged and increased its estimate for the output gap. Nevertheless, the hawkish bias remains. What’s next? Here is their view, courtesy of eFXdata: CIBC Research discusses the reaction to today’s BoC policy meeting and notes that the BoC statement struck a fairly balanced tone today, which leaves CIBC comfortable with expecting […]
The pound received two blows: wage growth remained stagnant at 2.8% y/y and then inflation tumbled to 2.5% y/y, lower than early expectations. This weighs on the BOE’s rate decision in May. Here is their view, courtesy of eFXdata: TD Research discusses GBP outlook and keeps flagging near-term downside risks (see here), noticing that a mix […]
EUR/CHF has been a pain point for many traders since the SNB removed the floor under 1.20. The pair drifted around and suffered occasional interventions. It is now working its way to that level without any help from the central bank. What’s nexT? Here is their view, courtesy of eFXdata: BTMU Research discusses EUR/CHF outlook […]
The BOC left the interest rates unchanged as widely expected. They expressed caution on raising rates in an otherwise optimistic statement. The USD/CAD jumped to high ground but this may be unjustified and the pair could still turn around. The BOC left the interest rate unchanged at 1.25% as most economists had expected. Markets priced […]
The Bank of Canada was expected to leave the interest rate unchanged at 1.25%. NAFTA, oil, mixed signals about the economy, and also worries about housing will star in the event. Governor Stephen Poloz and Deputy Governor Carolyn Wilkins will hold a press conference later on. Join us for a live coverage of the event:
The EUR/USD is on the back foot once again, but ranges are limited. Disappointing euro-zone data continues piling on while US data is mostly positive. The technical picture continues having mixed signs for the pair. The EUR/USD is trading around $1.2365, balanced on the day. The latest blow for the pair came from the downgrade of euro-zone inflation data […]
The Technical Confluences Indicator shows that on its way down, the GBP/USD broke below several important clusters of technical support lines. And at current levels under $1.4200, there are very few support lines to the downside. It was triggered by weak inflation. The pair tumbled nearly 100 pips and took down a dense confluence of levels around $1.4270: […]
There is a growing talk about the flattening of the yield curve and a potential inversion. Is a recession coming? How can it be played in the foreign exchange market? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses USD/JPY outlook, and thinks that a continuation of the UST curve flattening this week would […]
Om du försöker vinna Ironman Triathlon där deltagare måste simma 3,86 kilometer, sedan cykla 180,25 kilometer följt av en 42,20 kilometer lopp, här är några av de viktigaste ingredienserna du behöver: En långsiktigt engagerad outlook, år av konsekvent och seriös träning, år av studier och observation av andra Ironman-deltagare, en mentor, sund kost, fysisk och […]