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 [...]
The post AUD: Aussie Is No Longer Cheap; Neutral Signal Around Current Levels – BTMU appeared first on Forex Crunch.
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 [...]
The post CAD: Here Is Why USD/CAD Still Has Significant Upside Potential – BofA Merrill appeared first on Forex Crunch.
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 [...]
