ANZ recommends selling AUD/CAD, targeting 0.86
This comes via eFX. ANZ recommends selling AUD/CAD, expecting the pair to weaken due to AUD’s greater sensitivity to risk sentiment and trade dislocations, while the negative CAD narrative is…
Read More »NZ CPI downside surprise increases the likelihood that the RBNZ could pause on 24th May
There were two inflation data points from New Zealand for Q1 published yesterday. The one everyone is pointing to: New Zealand Q1 CPI 1.2% q/q (vs. 1.7% expected) And the…
Read More »MUFG trade of the week: Stay short USD/JPY, sell USD/CAD
MUFG Research maintains a short USD/JPY exposure (spot ref: 134:70) in its TOTW portfolio with a target at 129.00, and a stop at 138.50. “We are maintaining a short USD/JPY…
Read More »MUFG trade of the week: AUD/JPY to keep on falling
MUFG recommends selling AUD/JPY in a new trade this week and also re-emphasizes its call for buying EUR/GBP. In AUD/JPY, they recommend selling at spot at 89.50 with a target…
Read More »Heads up for BOJ Kuroda speaking today, 11 June 2020
Bank of Japan Governor Kuroda will appear in parliament from around 2pm Tokyo time – 0500GMT Looks like the BOJ is long chairs For bank trade ideas, check out eFX…
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