
The minutes of the Bank of England's Monetary Policy Committee (MPC) meeting held on May 8 and 9,... For more information, read our latest forex news and reports.
Market Movers ahead Fed in focus with FOMC minutes and high-level Fed speeches.
European Central Bank governing council member Ignazio Visco told CNBC that the central bank is “technically prepared” to introduce negative deposit rates which would see banks effectively having to pay the ECB to hold deposit
The Asian Development Bank on Sunday vowed to maintain its current lending level to support economic development in Asia, a region expected to continue to see robust growth. “We will maintain the lending level of arou
JPMorgan Chase & Co.'s (JPM) Chairman and Chief Executive Officer Jamie Dimon is slated to meet with bank examiners from the Office of the Comptroller of the Currency next week after on the financial services giant's request following a seri
Danske Bank - " – Scope for a powerful longer-term recovery• Strategy Summary – Buy into dips for gains to 1.0854, ahead of 1.1236 and then 1.1668.Suggest placing a stop under
ING Bank - "The April preliminary Conference Board measure of consumer confidence has come in well ahead of expectations at 68.1, up from an upwardly revised 61.9 (consensus 61.0).
Deutsche Bank - "We think there's one EUR driver that matters and two that don't in coming months.
European regulators will decide within two months how to conduct an extensive review of the euro zone’s lenders, Bundesbank Vice-President Sabine Lautenschlaeger said on Tuesday. Before the European Central Bank starts supervising euro
Reuter has published a special report on the Bank of Japan to go alongside the updated bios of its board members.
Beyond the Reserve Bank of New Zealand (RBNZ) rate decision, the fresh batch of central bank rhetoric may sway the NZD/USD as traders mull the outlook for monetary policy.
So gold notched its biggest one-day drop in 30 years.
Bank of Canada: no change to to interest rate at 1.00% as expected, but BoC statement notches the... For more information, read our latest forex news and reports.
ING Bank - "In terms of the USD, we are comfortable being trapped in the narrative of a cyclically bullish dollar story.
Danske Bank - " - Scope for very significant longer-term recovery.
Deutsche Bank - "EUR/USD is also in a technically corrective phase, and is the most difficult major pair to ascertain what it is trading off: risk or rates, buoyed by reserve recycling, or, buffered by EUR cross trades? The next level for EU
M&G Investments - Back in 2009 the Bank of England (the Old Lady of Threadneedle Street) began buying a portfolio of investment grade bonds to provide funding to UK corporates, to aid liquidity in the corporate bond market and to suppleme
Danske Bank - "We stick to our overall view that the euro will gain against USD, JPY and GBP over the next three months and continue to forecast that EUR/USD will hit 1.33 and EUR/GBP will hit 0.88 on a 3M horizon.
Deutsche Bank - "The past week delivered at least 5 interesting and sometimes contradictory messages, that deserve special ‘dissection’ for clues on this coming week’s market activity.
The Bank of Japan (BoJ) captured the attention of the foreign exchange world last week when it started to live up to the expectations of the market.
Danske Bank - "AUD/USD – short-term congestion to resolve higherStrategy s ummary – buy at 1.0375 for an objective of 1.0599.
Danske Bank - "In our view it is just a matter of time before we pass the magic 100 level.
very interesting....Francesc Deutsche Bank - "We don't believe the last few days' EUR/USD squeeze has legs and remain bearish for three reasons.First , we think the market is under-estimating the dovishness behin
Deutsche Bank - "The ECB has been unable to reach any consensus on non-conventional monetary policy measures despite expressing concern over the past few months on the effective transmission mechanism to small and medium scale enterprises.
Deutsche Bank - " Trendiness has hit rock bottom in G10 FX.
Is this the relative calm before a storm? Event risk should begin to heighten while investors ponder over the outcomes of the BoJ, ECB and BoE in the next couple of trading sessions.
Deutsche Bank - "First, we believe the policy response in Cyprus has been very counter-productive.
ING Bank - "With Eurozone worries depressing risk appetite once more, we will have to look to the other side of the Atlantic for more positive newsflow.
Danske Bank - "Trade recommendation #1: Sell CHF/NOK spot @ 6.1700We recommend to sell CHF/NOK spot @ 6.1700 for an 5.92 objective with stop at 6.29.
Deutsche Bank - "Our positive view on equities is based in part on an upside surprise in real GDP growth in the euro area, led by Spain and Italy.
Deutsche Bank - "there appears to be a growing understanding among the most influential Fed members that a tapering of QE bond purchases may be preferable to a hard stop.
Investors' quest for higher yield has drummed up support for the Israeli shekel.
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Dukascopy Bank S
Cyprus Finance Minister Michael Sarris said `significant progress`had been made and said talks were centered on a possible levy of around 25% on holdings of over 100K euros at Bank of Cyprus. A 10% levy doesn`t sound so bad any
Danske Bank - "We believe the economy will finally be able to reach sustained growth above trend.
Deutsche Bank - "The theme of US and Swiss outflows and Eurozone, UK and Australian inflows continues.
BOC Deputy Tiff Macklem is believed to be a prohibitive favorite to replace Mark Carney in May. Not so fast, a report from JPMorgan says. They give Macklem a 50-60% chance of winning the appointment.
Danske Bank - "USD/JPY LONG AT 95.65 FOR 96.71 OBJECTIVE, STOP 94.95 S4 94.77 S3 94.95 S2 95.25 S1 95.50 R1 95.69 R2 96.11 R3 96.27 R4 96.71GBP/USD SHORT AT 1.4910 FOR A 1.4767 OBJECTIVE, STOP AT 1.4970 S4 1.4767 S3 1.4803 S2 1.4822 S1 1.483
Danske Bank - "EUR/JPY BUY AT 123.97 FOR 126.03 OBJECTIVE, STOP AT 123.23 S4 122.45 S3 122.85 S2 123.23 S1 123.80 R1 124.90 R2 125.23 R3 125.78 R4 126.03EUR/GBP LONG AT .8697 FOR A .8842 OBJECTIVE, STOP AT .8645 S4 .8589 S3 .8621 S2 .8633 S1
ING Bank - "For EUR/USD we retain a negative view, targeting a non-consensus 1.20 by year-end.
Goldman Sachs -
Deutsche Bank - "USD strength has played out unevenly across Asian FX.
Review: Norges Bank lowers its interest rate path considerably.
The Bank of Italy has told Italian banks to further hike provisions against bad debts to take into account the worsening economy and asked lenders which posted losses not to distribute dividends or bonuses. The statement came a
ING Bank - "February has presented an unambiguously good US nonfarm payrolls report, with both the non-farm payrolls and unemployment rate pushing in very encouraging directions.
Danske Bank - " – Pressure increasing on .9513 for .9609 and possibly .9748• Strategy Summary – Look to buy into dips for further strength to .9609 and possibly .9748.
Deutsche Bank - "The DB FX strategy team is calling for a strong dollar against the majors by the end of the year (1.20 for EUR/USD, 1.41 for GBP/USD and 100 for USD/JPY).
Danske Bank - "EUR/USD SHORT AT 1.3043 FOR 1.2886 OBJECTIVE, STOP 1.3102 S4 1.2886 S3 1.2955 S2 1.2980 S1 1.3007; R1 1.3054 R2 1.3080 R3 1.3102 R4 1.3135USD/CHF LONG AT .9472 FOR .9609; STOP AT .9389 S4 .9389 S3 .9410 S2 .9454 S1 .9466 R1.95
The recent US economic data has looked sharp, and has raised speculation that the Fed might wind up its current round of QE, which involves the purchase of $85 billion in assets e
Deutsche Bank - "On the short side, our models are most negative JPY, closely followed by GBP, CHF and CAD on which we are all bearish.
Danske Bank - " – Corrective structure nearing completionStrategy summary – Buy at 1.0150 for an objective of 1.0857.
Deutsche Bank - "Given our bullish USD view for the rest of the year, we’re turning bearish EUR/USD.
Greenwich Associates Announces 2013 Leaders in Foreign Exchange Citi is Leader in Global FX Trading Quality; UBS Ties Citi for Lead in FX Market Share in U.S and Ties Deutsc
The Australia Dollar may come under pressure over the next 24-hours of trading should the Reserve Bank of Australia (RBA) look to cut the benchmark interest rate further.
Has the term “twitter row” been incorporated into the Oxford English Dictionary yet? Because it should be. From Chris Brown’s argument with the comic Jenny Johnson to Piers Morgan and his endless rows wi
Deutsche Bank - "In general, everything that has happened will tend to play USD positive on a multi-month basis, to the extent that individual negative currency fundamentals related to the JPY, GBP and CAD have not changed, and now the EUR h
Royal Bank of Scotland - "In contrast to the effective tightening in the US, the BoE minutes generated an effective policy easing in the UK.
Goldman Sachs - CENTRAL BANK WATCH CURRENT SITUATION NEXT MEETING EXPECTATION UNITED STATES: FOMC
Deutsche Bank - "In terms of positioning we note that speculative investors may now be long the euro, as suggested by IMM data as well as plenty of anecdotal evidence.
Bank of Tokyo-Mitsubishi - "We believe the dynamics in the foreign exchange market are changing.
Danske Bank - " – Break of 92.17 to 94.05 range key for the next phase• Strategy Summary – Stay long for a 96.30-35 target with a stop and reverse under 92.17/22, or look to tr
The Bank of England is close to signing a deal with the People’s Bank of China that should help the City of London become a trading hub for the world’s fastest-growing currency, the yuan. The UK central bank
Bank of Tokyo-Mitsubishi - "The euro has stabilized at lower levels following last week’s ECB monetary policy meeting with EUR/USD having eased back modestly from an intra-day high of just over 1.3700 recorded on the 1st February.
Danske Bank - "This week we recommend buying EUR/GBP for a 0.8886 objective and selling USD/TRY for a 1.7340 target: – play for trend continuation Strategy summary – buy at market (.8585) f
ING Bank - "the reversal of the flight to quality flows into the short end of the German bond market has lifted rate spreads and EUR/USD.
Deutsche Bank - "The chatter from the G7 and G20 meetings appears to allow Japan to maintain its policy of raising inflation expectations through a more aggressive BoJ.
Market Movers ahead The housing market will be dominating the US calendar next week, when we will... For more information, read our latest forex news and reports.
Central banks scooped up more gold in 2012 than they have annually in nearly half a century as they sought to diversify reserves, the World Gold Council (WGC) said on Thursday. Central banks bought 534.6 metric tons of the prec
Danske Bank - "EUR/USD – trending higher for 1.3833 and possibly 1.4248 further out Strategy summary - stay long or buy on dips for further gains to 1.3833 and probably higher further out.
Deutsche Bank - "Currently, the hedging heatmap is bullish on USD/CHF and USD/CAD, but bearish on NZD/USD and AUD/USD.
The Swiss government is taking steps to try to stop a housing market boom running out of control, announcing on Wednesday it will demand banks hold additional capital to dampen mortgage activity. Real estate prices and mortgage
Deutsche Bank - "Earlier this week we took profit on our long-held bullish EUR/USD view on the back of the positive factors we had identified back in August now having played out: LTRO repayments are fully priced, the market is no longer und
The G20 group of richest nations must act to avoid a currency war and halt a damaging drift toward fragmented regulation, the world’s leading banks said Monday. The Institute of International Finance, representing more than 470 financia
Canada’s weak growth in the second-half of 2012 has finally shown up in the job numbers.
The yen hit a 2-and-a-half-year low versus the dollar and Japanese stocks jumped up to 4 percent on Wednesday on expectations that the early departure of Shirakawa, who analysts say did not share the government’s view that the BOJ is re
The RBA is expected to keep the cash rate at 3.00%, but the fresh batch of central bank rhetoric may shake up the AUDUSD as currency traders weigh the outlook for policy.
Goldman Sachs - CENTRAL BANK WATCH CURRENT SITUATION NEXT MEETING EXPECTATION UNITED STATES: FOMC
Deutsche Bank - "We remain bullish EUR-crosses and bearish JPY.
‘Canadian drops strong hints of new approach at Davos as pressure increases on government over flatlining economy.’
Bank of America Merrill Lynch - "The week ahead: Euro-area PMIs and the German ifo will give an indication of how the real economy has started the new year.
Deutsche Bank - "Each week - beginning with an announcement this Friday - Euro-area banks will have the option to re-pay part of the more than 1 trillion in 3-year LTRO liquidity drawn a year ago from the ECB.
Bank of Tokyo-Mitsubishi - "Our take is that the LTRO repayment may well have a temporary positive impact on EUR/USD and hence is another factor, albeit minor, in our upward revision of short-term forecasts.
Plenty of economic data will come into focus this week and help to set the medium term tone for... For more information, read our latest forex news and reports.
Danske Bank - "AUD/CAD – Trendline break reaffirms strength of key 1.0260 low Strategy summary – Buy at market (1.0390) for an objective of 1.0595.
Deutsche Bank - "FX Blueprint for 2013 - New Drivers Theme #1: Don’t Wait for USD/JPY Dip: Buy USD/JPY Theme #2: Euro to Usurp ZIRP: Buy EUR vs.
Bank of America Merrill Lynch - "The outlook for global growth has undoubtedly started to brighten at year-end.
Deutsche Bank - Top trades in EMEA for 2013:1) Long RUB/JPY, target 3.15, stop @ 2.7750.2) Long PLN/CZK, target 6.50, stop @ 6.00.3) Long 6m USD/TRY put option (strike 1.75 for an indicative 0.598% of USD notional)
Deutsche Bank - "Our top Asia FX trades are:Trade #1: Short 1Y USD/PHPTrade #2: Short 1Y USD/CNHTrade #3: Short SGD NEER The Philippines peso is our favorite currency in Asia for 2013.
Treasury benchmark rates trade in a global marketplace and that has become evident in recent years and again this past week.
Deutsche Bank - "The pound's greatest flow strength could turn out to be its greatest weakness though.
Goldman Sachs - CENTRAL BANK WATCH CURRENT SITUATION NEXT MEETING EXPECTATION UNITED STATES: FOMC
Goldman Sachs - "Probably, but with a greater focus on ‘unconventional unconventional’ easing measures than on QE.
Deutsche Bank strategist David Bianco boosted his S&P 500 12-month price target Wednesday morning to 1575 from 1500 following the finalized deal in Washington to avert the fiscal cliff.
While a deal still isn't signed, sealed and delivered just yet, investors appear satisfied -- at least temporarily -- about the framework of a potential arrangement that addresses the fiscal cliff.
Deutsche Bank - "The spike in correlation between G10 FX and equities beginning in 2008 and lasting through the present is unprecedented in the free float era.
It is not the first infographic I see but this one is plain, simple and well done...
Bank of America Merrill Lynch - "Japanese equities have been very strong in recent weeks.
Danske Bank - EUR/USD structure positive for 1.3486 and 1.3833 • Strategy summary – stay long or buy on dips for further gains to 1.3491 and 1.3833.
Photographer: Jakob Stigsen Andersen, Midtjyllands
An inside view into the gold bullion vault of The Bank of England, which stores about $315 billion worth of gold. Click on the Gold for more.
Danske Bank - " – Breaking above 16-month trendline resistanceStrategy Summary – Buy at .8310 for an objective of .8842.
ING Bank - Quarterly Foreign Exchange Forecasts
Deutsche Bank - "The stronger than expected employment report was not strong enough to defer the December FOMC decision to meld QE3 into QE4, dropping the selling of short-term securities that is part of Twist.
Central Bank Regime Change: an update following the Fed last night, and Carney the day beforeBy M&G InvestmentsLast night’s move by the Federal Reserve to change its approach to US monetary policy to effectively reduce the focus o
Bank of Tokyo-Mitsubishi - " USD/JPY has just broken above key long-term technical resistance at just below the 83.0-level heading into the Japanese elections
Danske Bank - " - Above 84.18 to confirm a multi-month base for gains to 93.35 Summary - Stay long or buy into any short-term dips for gains to 87.47 and 90.00.
Deutsche Bank AG (DB) said Thursday that it expects restructuring charges as well as de-risking and valuation adjustments to certain assets to have a "significant negative impact" on its fourth-quarter earnings.
BBVA, Spain’s second-biggest bank, will not join domestic peers in investing around 2 billion euros ($2.6 billion) in the country’s so-called ‘bad bank’, 4 sources with knowledge of the matter said on Tuesd
In 2009 the signatories of the Central Bank Gold Agreement effectively stopped selling gold.
The Canadian dollar drifted weaker on Tuesday ahead of the Bank of Canada interest rate decision, which is due to announce at 9:00 am ET.
Although plenty of economic data is scheduled for next week, it’s the central banks that will... For more information, read our latest forex news and reports.
In a surprising turn of events, gross domestic product slowed in the third quarter for the world’s... For more information, read our latest forex news and reports.
Danske Bank - "An important tail-risk has been removed from the euro with the Greek deal reached overnight.
Deutsche Bank - "Positioning indicators are fairly representative for most currencies.
Danske Bank - " – Dip below 200-DMA signals bear extension • Strategy Summary – Sell at market (.9365) for an objective of .9185.
Deutsche Bank - Top Drivers of USD Index Rank by Abs Correlation /Indicator /Latest Correlation* /3m ago1 MSCI EM -89% -73%2 S&P500 -88% -71%3 Itraxx Crossover 79% 47%4 Itrxx senior fins 78% 56%5 EMBI+ 77% 47%6 Eurostoxx 50 -7
Bank of America Merrill Lynch - "Our base case for 2013 is a High Liquidity and Low Growth environment.
Deutsche Bank - "The yen has more than reversed its gains made during the US election week.
Danske Bank - "USD/JPY – Base signals strength to challenge multi-month triangle resistance at 83.15 Summary – Buy on dips for further gains to test the upper multi-month triangle (currentl
Bank of Tokyo Mitsubishi - "Ranges & Outlook for the week aheadUSD/JPY – neutral bias – (79.50-81.50) EUR/USD – bearish bias – (1.2550-1.2950) USD/CNY – bearish bias – (6.2050-6.2500)&q
Bank of America Merrill Lynch - Quarterly Economic Forecasts
The Federal Reserve is asking 30 big banks to make sure their capital can withstand a deep recession in which the unemployment rate rises to 12%. The Fed stressed they were not making economic forecasts “but rather hypo
- "Strategy Summary – Sell at market for an objective of .7694.
- "President Obama has been re-elected as US President.
Bank of Tokyo Mitsubishi - "Ranges & Outlook for the week aheadUSD/JPY – neutral bias – (79.30-80.70) EUR/USD – bearish bias – (1.2550-1.2950) USD/CNY – neutral bias – (6.2350-6.2600)&q
Danske Bank - "We recommend buying EUR/CZK 25.267 for a 26 objective, a level last seen in November 2011, and with a stop at 24.90, just below the strong technical resistance level at 24.93.We think that lower Czech interest rates for longer
Danske Bank - "GBP/JPY - above 129.65 will extend gains to 133.45 and 134.45/135.10 - buy on dips for initial extensions higher to 131.80 and 133.45.
Deutsche Bank - "The reaction after the first debate and entrenched recent SPX- USD correlations, suggest that a Romney ‘risk on’ trade will quickly be associated with a weaker rather than a stronger USD.A Romney win would ho
Bank of America Merrill Lynch - Forex Forecasts
A view very well explained in just a few words... Francesc Bank of America Merrill Lynch - "This week’s earnings news weighed on global stock markets.
Danske Bank - "GBP/CAD - contracting wedge expected to resolve higher Buy at 1.5985 for an objective of 1.6725.
Deutsche Bank - "For now, our G10 regional strategists retain their bullish euro and bearish sterling stances.
Danske Bank - "USD/JPY has overnight traded above 80.00 for the first time in three months on rising speculation that Bank of Japan will step up its easing of monetary policy to keep up with the Fed's open ended easing and in the wake o
Bank of Tokyo Mitsubishi - Ranges & Outlook for the week aheadUSD/JPY – neutral bias – (79.30-81.30) EUR/USD – neutral bias – (1.2800-1.3200) USD/CNY – bearish bias – (6.2250-6.3000)
The Bank of Canada held its key rate on hold at 1.00% today, as expected, but the real excitement came along with the release of the policy statement: an interest rate hike may be in the cards in the near-future.
Danske Bank - "Stay long EUR/JPY or buy on dips for 106.55.
Deutsche Bank - "USD/Asia crosses for CNY, KRW, SGD and PHP all traded to their year’s lows this week.
As widely expected, the real GDP data reported this week in China indicated that the economy slowed further.
Bank of Tokyo Mitsubishi - JPY and Asian currencies outlook
Bank of America Merrill Lynch - Global Economic Forecasts
Danske Bank - "we currently see that investors increasingly use dips in market's sentiment and in EUR/USD as an opportunity to bring down their short EUR positions in the FX market.
Bank of America Merrill Lynch - "We have revised our projections to incorporate slightly stronger-than-expected data releases in recent weeks.
Bank of America Merrill Lynch - FX Forecasts
Danske Bank - " - Builds for a challenge on 1.3486/91 and 1.3833 Strategy Summary - Stay long or buy on dips for further gains to 1.3491 & possibly 1.3833.
- Quarterly forecastsDec-12 Mar-13 Jun-13 Sep-13 Dec-13EUR-USD 1.31 1.23 1.22 1.21 1.20 1.20USD-JPY 79 78 80 82 84 85EUR-JPY 103 96 98 99 101 102
ING Bank - Forex Forecasts
- International Economic and Interest Rates Forecasts
Bank of Tokyo-Mitsubishi - "The performance of EUR/USD since setting its most recent intra-day low of 1.2043 on 24th July is certainly indicative of investor scepticism over recent policy steps taken to arrest the euro-zone crisis.
Bank of Tokyo Mitsubishi - Ranges for the week aheadUSD/JPY – neutral bias – (77.70-79.20)EUR/USD – bearish bias – (1.2750-1.3150)USD/CNY – bearish bias – (6.2660-6.3000)
The chairman of one of Spain’s healthiest banks, the Basque lender Kutxabank, has delivered a significant blow to the government’s chances of persuading private investors to take a stake in the country’s bad bank.<
Bank of Tokyo Mitsubishi - FX Compass
Bank of America Merrill Lynch - "The US fiscal cliff is looming as the biggest “known unknown” facing the markets.
Bank of America Merrill Lynch - "With policymakers in the US, Europe, Japan, and China coming to the rescue, the global economic backdrop has undoubtedly improved.
The Bank of Japan faces increased pressure to step up easing in coming weeks as political leadership changes and pessimism among manufacturers fuel calls for more aggressive action to end deflation and revive growth. BOJ policy
FXstreet.com (Barcelona) - Overnight, Greece commenced a new round of talks with the troika to... For more information, read our latest forex news and reports.
FXstreet.com (San Francisco) - On Wednesday, the DJIA is trading close to 13,490.91, 10.39% YTD... For more information, read our latest forex news and reports.
They cite stalled recoveries in the US and Japan.
Last Thursday Thomas Moser, a member of the Swiss National Bank (SNB) governing council, said that one of the main reasons for the strong franc is the conversion of Swiss foreign incomes into francs.
Stocks slid into the close after finance ministers from Germany, Finland, and the Netherlands balked at plans to use bailout funds for banks.
Saxo Bank have announced t
Alior Bank has announced it is partnering with Aphelion to improve its FX trading capabilities.
Lloyds Bank Wholesale Banking & Markets has launched new balance & transaction reporting and cash flow forecasting functionality on their e-solution Arena.
China slowdown amplified by European crisis. Uh oh.
Danske Bank - "In our view, today's BoJ action underlines that last week's Fed action have huge ramifications.
very very interesting view by Bank of Tokyo Mitsubishi Francesc "The EUR/USD rate advanced from an intra-day low of 1.2043 on 24th July to an intra
Bank of Tokyo Mitsubishi - Ranges & Outlook for the week aheadUSD/JPY – bullish bias – (77.70-79.20)EUR/USD – neutral bias – (1.2800-1.3200)USD/CNY – bullish bias – (6.3000-6.3300)USD/INR &a
Bank of America Merrill Lynch - Quarterly Forex Forecasts
Danske Bank - "AUD/JPY - Building for a break above 83.05/55 for 85.25/88.60 Summary - Buy for gains through 83.05/84.55, towards 88.60.
According to the latest SNB Monthly Bulletin, the Swiss net international investment position (NIIP) has improved by 64.5 billion francs.
German lender Deutsche Bank AG (DB) on Thursday confirmed that it has reached agreement to sell German private bank BHF-BANK to Kleinwort Benson Group, a unit of Belgium-based financial services group RHJ International SA (RHJIF.PK), for 384 million euros
FXstreet.com (San Francisco) - With the Fed's announcement of its new QE, stocks market's reaction... For more information, read our latest forex news and reports.
FXstreet.com (San Francisco) - "Market finally moves into consolidation mode as EURUSD retreats... For more information, read our latest forex news and reports.
Science and technology conglomerate Danaher Corp.
Bank of Tokyo Mitsubishi - Currency Outlook: USD – bearish bias – (DXY: 77.000-79.500) EUR – bullish bias – (EUR/USD: 1.2900-1.3300) JPY – bearish bias – (USD/JPY: 77.00-78.50) GBP – bearish
Danske Bank - - Above 82.45/55 triggers an extension higher to 83.55/90 Strategy Summary - Buy for strength through 83.10 towards 83.55/83.90, stop under 81.95.
Deutsche Bank - "(...) we feel that the Fed should and probably will limit its actions next week to verbal easing.
Bank of Tokyo Mitsubishi - Currency Outlook USD – bearish bias – (DXY: 79.200-82.000) EUR – bullish bias – (EUR/USD: 1.2500-1.2900) JPY – neutral bias – (USD/JPY: 77.50-80.00) GBP – bullish
Bank of America Merrill Lynch - "The Euro has strengthened as the yields in Spain and Italy dropped sharply in response to the ECB bond-buying plan (...) Very light market positioning also supported risk appetite once the ECB event risk went
Danske Bank - "EUR/USD has moved over 1.30 on the Fed announcement.
FXstreet.com (Barcelona) - After reaching highs just above 1.2840, the EUR is now retracing some... For more information, read our latest forex news and reports.
The Federal Deposit Insurance Corp.
The Swiss National Bank’s foreign exchange reserves hit 71 percent of annual output in August, with the pace of the rise slowing in a sign that less central bank intervention was needed to enforce its cap of 1.20 per euro on the safe-ha
nice view from Deutsche Bank: "We show that on a PE and ERP basis, European equities look historically cheap on an absolute basis and relative to the US, which in turn looks on the rich side of average valuation relative t
Deutsche Bank: "In terms of the day ahead, we also have BoE policy meeting today.
Bank of Tokyo-Mitsubhisi - (...) Next week the key event for the dollar generally is the FOMC monetary policy decision.
The Bank of Canada (BoC) announced its decision today to keep its benchmark interest rate unchanged at 1.00 percent, the 16th consecutive time that the Bank has decided to keep rates on hold.
Given weakening oil demand in Europe, softer growth in EMs and the US, plus stronger-than-expected supply growth, we forecast 2H12 average Brent and WTI crude oil prices of $106 and $97/bbl respectively.
Strategy summary – buy at market for an objective of 1.0615.
One of Europe’s biggest banks on Tuesday warned against the growing risk of recession in Australia in 2013, as prices for commodities such as iron ore and coal spiral lower. The warning by Deutsche Bank DBK.XE +2.81%
Macroeconomic backdrop remains highly supportive with the Eurozone debt crisis far from resolved... For more information, read our latest forex news and reports.
The Bank said it was “encouraging that a number of banks had decided to cut rates on some mortgage and small-business loans”, and added that the impact of the scheme could be greater than it had assumed in its latest Inflation
Expectations on cuts in Reserve Requirement Rates (RRR) in China are rising as the country had seen the second monthly drop in funds outstanding for foreign reserves this year in July. The latest statistics by People’
I had the opportunity to meet Hugh while he was at Saxo Bank and I just can say that RavenPack has made a very good acquisition....