Mar 02, 2015 18:22 pm UTC| Commentary
Quotes from UniCredit Research:- We regard the recent NZD appreciation as exaggerated and recommend going long EUR-NZD at 1.4896 with a target of 1.5375, stop loss at 1.4680.- Our bearish view for the kiwi is based on our...
Mar 02, 2015 18:02 pm UTC| Commentary
Quotes from Western Union:- A big week for the U.S. economy got off to a constructive start on Monday which helped the dollar pare early declines against the euro. January readings on personal income and spending and...
Mar 02, 2015 18:01 pm UTC| Commentary
Quotes from Western Union:- The Japanese yen has seen a relatively quiet session despite the various event risks that were seen in Asian trade. Traditionally safe haven flows into the yen would pick up if geopolitical...
Mar 02, 2015 18:00 pm UTC| Commentary
Quotes from Western Union:- Sterling remains at 7-year highs against the euro. European importers might not get a break.- Todays CIPS PMI manufacturing survey is forecast to show the sector expanding at a faster pace,...
Mar 02, 2015 18:00 pm UTC| Commentary
Quotes from Western Union:- The euro will have to fight its way through a storm of data, ECB policy meeting and any further developments Greece has to offer this week.- Last Friday, Germanys flash inflation estimates were...
Gold set to base: BofA Merrill Lynch
Mar 02, 2015 17:48 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- We remain medium term gold bulls, targeting 1345 (Jul14 high) and potentially as far as 1433 (Aug13 high) before the long-term bear trend emerges.- Now, preliminary evidence says that that...
Bearish UST 10yr yields: BofA Merrill Lynch
Mar 02, 2015 17:36 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- We are bearish US Treasuries and short TYM4. Looking specifically at 10yr yields, evidence points to a break of the 100d at 2.124% ahead of a push to 2.347%/2.423% and potentially beyond.-...