Feb 17, 2015 19:04 pm UTC| Commentary
Quotes from Western Union:- The US dollar index is in consolidation mode as we await direction from Yellen and co. with regards to the future direction of interest rates. Many pundits are calling for an interest rate hike...
Feb 17, 2015 19:02 pm UTC| Commentary
Quotes from Western Union:- The loonie is staging a bit of a comeback this morning but has met strong selling pressure on any spikes over the past few weeks. There is very little to get excited about in Canada at the...
Feb 17, 2015 18:58 pm UTC| Commentary
Quotes from Western Union:- The Greek saga is dominating the headlines in Europe and will continue to do so until the EU decides to extend their bailout for the beleaguered nation or allow them to fail. - The EUR has...
US 10yr yields' bullish view at risk: BofA Merrill Lynch
Feb 17, 2015 18:44 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- We remain treasury bulls, looking for 10yr yields to make a push into 1.612%/1.540 (Lows of May13 through Sep12) before greater signs of a base emerge. This view is invalidated on a break...
Stay bullish ESH5: BofA Merrill Lynch
Feb 17, 2015 18:37 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- The ESH5 break of the Dec-29 high keeps the focus higher for new all-time highs. Upside targets are seen to 2136, before greater signs of topping emerge. Pullbacks should be limited to...
USD/JPY poised to resume its bull trend: BofA Merrill Lynch
Feb 17, 2015 18:09 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- While the near-term swings in USD/JPY have been quite frustrating, the medium-term view remains bullish. Indeed, the 118.15 low could have marked the end of this 2m range trade.- Above...
EUR/USD correction higher continues: BofA Merrill Lynch
Feb 17, 2015 18:02 pm UTC| Commentary
Quotes from BofA Merrill Lynch:- EUR/USD is correcting higher. Since the Jan-29 low at 1.1098, EUR/USD has been stuck in a choppy correction.- Within this correction, we look for one last push higher toward 1.1730, before...
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