Key Fundamental Factors this Week (3/2 - 3/6)

As we start a new week and a new month, we will see some key fundamental factors out of the UK (BoE), Eurozone (ECB), Australia (RBA), Canada (BoC), and the US (NFP jobs data). Let’s take a look at these and many other key event risks for the forex market this week. ...





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USD, EUR, JPY, GBP, CHF: Outlooks For The Coming Week - Morgan Stanley

USD: Re-Loading Longs. Bullish. We remain bullish on USD and are slowly re-adding to our long positions. Chair Yellen’s recent comments suggest ‘patient’ could be removed from the statement in March, but we do not take this as a sign that the central bank will hike in June. However, tighter monet...





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EUR/USD Forecast Mar. 2-6

EUR/USD finally fell out of range and closed the week on lower ground. Is this the beginning of a fall to new lows? The ECB rate decision is the key event in a week that also consists of inflation and PMI data. Here is an outlook for the highlights of this week and an updated technical analysis for...





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China Feb official PMI contracts for second month in Feb

Activity in China's factory sector contracted for a second straight month in February on unsteady exports and slowing investment, an official survey showed on Sunday, reinforcing bets that more policy loosening is needed to lift the economy. The official Purchasing Managers' Index (PMI) inched up...



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China Steps Up Easing With Second Rate Cut in Three Months

China’s central bank cut benchmark interest rates for the second time in three months as disinflation gives room to step up support for the nation’s slowing economy. The one-year deposit rate will be lowered by 25 basis points to 2.5 percent and the one-year lending rate will also drop by a quar...





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Did the Dollar Find its Groove Again?

The US dollar traded higher against most of the major currencies over the past week. No thanks to Yellen's testimony before Congress. Market participants took away from her a reduced chance of a mid-year rate hike. We disagree with the interpretation, seeing her comments as 1) playing down lowf...





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Draghi to Roll Out Red Carpet for His Easing Star

Economists, analysts and market watchers will wait for European Central Bank (ECB) President Mario Draghi and the Governing Council members on Thursday as they unveil their new inflation and growth projections and launch their signature quantitative easing program approved during the January 22...





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