EUR/USD: room to the above – UOB

FXStreet – The perspective for the EUR/USD remains bullish, so the market analysts of the Japanese UOB Group. There game room was still up, the scientists said. Important Quotes: The increased losses were part of a phase of consolidation and not reversal to signal the Start of a trend. The upward momentum has abated somewhat […]

RUB remains bearish – Danske Bank

FXStreet – The Danske Bank Senior Economist Vladimir Miklashevsky said that the medium-term prospects of the Russian currency remains bullish. Important Quotes “The markets have given up their geopolitical Fears, so that the risks for the RUB are upside greater than the downside risks.” “Excessive strength of the RUB with the current price of Oil […]

Nicolas Hulot appointed minister to drop the action of EDF 7%

After the election of Emmanuel Macron as the president of the republic, the government, Philippe has been put in place, and among the ministers appointed figure Nicolas Hulot. If NGOS and environmentalists have welcomed the arrival of Nicolas Hulot in the government, the company EDF, which provided the majority of homes in the French electricity […]

Fed’s Bullard: data and markets to support an aggressive Fed

FXStreet – St. Louis Fed President James Bullard said that the decline in long-term yields and inflation expectations signal after the March increase in interest rates that the Fed influences economic conditions quickly. Important quotes on Reuters: Since the last FOMC meeting, the data become weaker, while Inflation expectations remained, and the job growth slowedThere […]

USD/CAD Outlook is short-term bearish – Scotiabank

FXStreet – The Scotiabank FX Analyst Eric Sum remains for the Pair in the short term bearish set up. Important Quotes “The USD/CAD reached on Friday of his new may Low. The 50% Retracement of the January-may 2016 decline from 1,3575 has been broken.” “This level offered to the end of the year 2016 is […]