[FOREX NEWS] AUD: Aussie Is No Longer Cheap; Neutral Signal Around Current Levels – BTMU

The Australian dollar suffered from the inflation report, which showed slow price rises. What’s next? Here is their view, courtesy of eFXnews: The Australian dollar has been one of the best-performing currencies at the start of this year lifting the AUD/USD rate from around the 0.7200-level at the end of last year back towards the [...]

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[FOREX NEWS] CAD: Here Is Why USD/CAD Still Has Significant Upside Potential – BofA Merrill

The Canadian dollar managed to ride higher on the Keystone XL news, even if it may be too late. But things could change: Here is their view, courtesy of eFXnews: The correlation between the Canadian dollar and USD is at its highest since 2011. The case for divergence is strong. The Federal Reserve is two [...]

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[FOREX NEWS] Deutsche Bank predicts USD/JPY to rise

Dollar/yen suffered on the Trump Dump, but could turn to a new direction.

Here is the view from Deutsche Bank, courtesy of eFXnews:

We expect USD/JPY to rise to 120-125 yen (after a near-term correction to 110-115) as US fiscal policy boosts economic growth to 3-4% from late 2017 through 2018, and [...]

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[FOREX NEWS] German IFO Business Climate : EUR/USD unaffected

An unexpected fall in German business confidence according to the IFO institute.
Business climate fell to 109.8 points.

The Business Expectations figure dropped to 103.2 and only the Current Assessment measure came out within expectations at 116.9 points.

All in all, we see the worries about the future but no change in the current situation. EUR/USD seems to [...]


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