ECB Meeting May Push Euro Higher
ECB may announce QE unwinding plan this week, buy EUR/USD?
Recent gains in dollar may end soon if ECB hints QE unwinding plan this week
The dollar index started to rebound since early last month. One of the main reasons wa…Read More
Euro Plunges 240 Pips!
ECB extended QE, Sell EUR/USD at rally?
ECB will extend its monetary stimulus program until September of 2018
ECB decided last week to cut the level of the monthly bond purchases. The purchases will fall to 30 billion euro…Read More
Kiwi Plunges More Than 140 pips!
Huge sell-off in kiwi dollar unlikely to stay, buy NZD/USD at dips?
New Zealand dollar largely sold off after Jacinda Ardern became New Zealand’s youngest prime minister in more than 150 years. We expect the sell-off to be …Read More
Aussie May Rise On Upbeat China 3Q GDP Data
China 3Q GDP could reach 6.9%, buy AUD/USD?
China 3Q GDP could beat consensus which stands at 6.8%, any number above that could send AUD/USD higher.
3Q GDP data will be released on 19 October, 10am (GMT +8).
Despite some m…Read More
Post-Hurricanes Buy Dollar Opportunity
Fed positive outlook could boost the dollar this week. Sell Gold?
Below-estimate US data could be purely due to bad weather, not driven by economic fundamentals
US dollar recovered from a sell-off against a basket of curre…Read More
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