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FX Strategies

FX Strategy 1 November 2019
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EURUSD: Keep Selling Above $1.1150

EURUSD: Keep Selling Above $1.1150

  Bank of America Merrill Lynch Global Research discusses the USD outlook in light of yesterday’s FOMC policy decision   “The US dollar rallied initially post-Fed decision but subsequently finished broadly weaker by the close of NY trading, driven largely by increased risk appetite. USD weakness was generally concentrated against traditionally higher beta FX such […]

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FX Strategy 23 October 2019
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EUR/USD: Keep On Selling Above $1.11

EUR/USD: Keep On Selling Above $1.11

  On 18 Oct The U.S. imposed $7.5 billion of tariffs on EU goods   Euro-area consumer confidence dropped sharply this month, a worrying development for a region that’s counting on domestic demand to offset weakness in manufacturing and global trade. The European Commission’s monthly index fell 1.1 points to -7.6, the lowest since December. That […]

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