Chinese PMIs to move moderately higher in the coming months: Danske Bank
Feb 25, 2015 12:40 pm UTC| Commentary
Quotes from Danske Bank: -The overall picture appears to be a subdued Chinese economy that has started to stabilise. GDP in H1 15 will in our view remain relatively stable above 7% y/y due to favourable...
Feb 25, 2015 10:28 am UTC| Commentary
Quotes from RBC Capital Markets: -SEK: The minutes of this months Riksbank meeting, when the central bank used a combination of negative rates, QER and forward guidance to ease policy, revealed the usual wide array of...
Feb 25, 2015 10:28 am UTC| Commentary
Quotes from RBC Capital Markets: -CAD: General USD weakness and better risk appetite have maintained the downward momentum in USD/CAD that began with Polozs speech yesterday. -After a sharp selloff yesterday, the forward...
Daily technical outlook for USD/ZAR: Societe Generale
Feb 25, 2015 10:22 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -After facing stiff resistance at 2008 highs of 11.90, USD/ZAR has retraced towards the support at 11.40 which happens to be previous highs and the 76.4% retracement from...
Daily technical outlook for EUR/CAD: Societe Generale
Feb 25, 2015 10:21 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -EUR/CAD persists to evolve within a broadening triangle. However, the pair is now forming a probable inverted head and shoulder suggesting possibility of a rebound. A...
Daily technical outlook for AUD/USD: Societe Generale
Feb 25, 2015 10:19 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -AUD/USD accelerated the down move and tested dual channel support at 0.7590. Downtrend still remains intact. Short term though, the pair has rebounded towards multi...
Daily technical outlook for USD/CAD: Societe Generale
Feb 25, 2015 10:17 am UTC| Commentary
Quotes from Societe Generale Cross Asset Research: -USD/CAD has formed a monthly Marubozu suggesting the uptrend to persist. Monthly RSI is testing a graphical ceiling however, signs of reversal are lacking. -Short term...