Euro Price Forecast: EUR/USD Perched Atop 200-MA with ECB In Focus
The divergent monetary policy outlooks of the European Central Bank and Federal Reserve may continue to drive the EUR/USD exchange rate in the near term.
Swiss Franc Technical Outlook: USD/CHF, GBP/CHF, NZD/CHF Weekly Chart Setups
The Swiss Franc has seen significant losses versus the US Dollar, British Pound and New Zealand Dollar this year so far. Will the rally in USD/CHF, GBP/CHF and NZD/CHF continue?
Australian Dollar Price Forecast: AUD/USD, AUD/JPY, AUD/NZD
The Australian Dollar could be poised to reverse higher against the US Dollar and Japanese Yen, while potentially giving up gained ground against its New Zealand counterpart. Key levels for AUD/USD…
New Zealand Dollar May Fall Further as Stimulus-Driven Yield Climb Continues
Asia Pacific markets may see a bearish start to the session as Treasury yields continue to move higher on US stimulus spending. Meanwhile, Greenback strength pushed NZD/USD below a key technical le…
Chinese Yuan, Canary in the Coal Mine? Setups in EUR/CNH, USD/CNH
The turn in CNH-crosses in late-February harkened the tumble in equities.
Canadian Dollar Outlook: USD/CAD Bearish Rebuke- BoC Battle Lines
Canadian Dollar is vulnerable heading into the BoC this week with USD/CAD coiling just above critical support. Here are the levels that matter on the technical charts.
Mexican Peso Price Forecast: USD/MXN Breakout to Fibonacci Resistance
It’s been a counter-trend type of year so far for USD/MXN. But with a key Fibonacci level coming into play following a falling wedge breakout – might the tides be nearing a turn?
Germany 30 IG Client Sentiment: Our data shows traders are now at their least net-long Germany 30 since Jan 09 when Germany 30 traded near 14,102.20.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Germany 30-bullish contrarian trading bias.
DuPont to Buy Laird Performance Materials for 2.3 Billion
Reuters DuPont said on Monday it would buy Laird Performance Materials for 2.3 billion from private equity firm Advent International, as it looks to expand its portfolio of advanced electronic materials. Electronics materials have been a growth area for DuPont as key markets including smart or autonomous vehicles, fifth generation telecommunications, artificial intelligence, internet of […]
Sanjeev GuptaOwned GFGs Steel and Aluminium Assets
March 8 Reuters GFG Alliance, a conglomerate owned by the family of British tycoon Sanjeev Gupta, is one of the biggest customers of Greensill Capital, a source familiar with the matter told Reuters. Greensill, which said last week it is in talks to sell large parts of its business, is preparing to file for bankruptcy, […]