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EUR longs dropped back, negative on USD –…

According to IMM net speculators’ positioning as at March 20, 2018, the push by net USD positions into positive territory was short-lived.  Key Quotes “After just one week speculators again turned negative on the USD on…

IMF’s Lagarde: it would be best for Euro-area…

Christine Lagarde, the Managing Director of the International Monetary Fund (IMF), while speaking to Bloomberg TV earlier today was noted saying:    •  A Euro-area capital market union is needed in view of Brexit   • …

EUR/USD clinches fresh tops near 1.2360 on US…

The pair advanced further to the 1.2360 area post-US releases. USD dropped to session lows in the 89.50 measured by DXY. US Durable Goods Orders rose 3.1% MoM, beating forecasts. EUR/USD moved higher to the…

USD: Let the battle commence – Rabobank |…

Jane Foley, Senior FX Strategist at Rabobank suggests that a trade war between the world largest economies would create a whole catalogue of secondary effects that are set to resonant through most of the global…

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Brexit talks to take the centre stage –…

Analysts at TDS point out that EU leaders minus Theresa May discuss the Brexit withdrawal agreement and trade negotiation guidelines for chief EU negotiator Michel Barnier. Key Quotes “We don't expect sign-off on the 123-page…