USD/CAD 1Q Forecast: Short USD/CAD Amid a Recovering Global Economy and Dovish Fed

As economies continued to regain their footing, the US Dollar lost much of its luster as the Federal Reserve looks to stand firm on its accommodative policy stance into 2023. On the other hand, the…

from DailyFX – Market News https://bit.ly/3ryNzxk
via IFTTT

NZD/USD 1Q Forecast: Long NZD/USD as RBNZ Rhetoric Improves

The New Zealand Dollar has been the best performing currency towards the end of the year, appreciating 6.8% against the US Dollar in November alone. I expect this appreciation to continue into the …

from DailyFX – Market News https://bit.ly/3o4BAW9
via IFTTT

1Q Forecasts: Vaccines Mean Hope Springs Eternal – Long MXN/JPY, Long Copper (XCU/USD), Long RUT & NDX

In this low interest rate world with pent up aggregate demand and significant slack in the world’s major economies, there is ample room for growth. If growth is the story of 2021, the underperforme…

from DailyFX – Market News https://bit.ly/37Qh99G
via IFTTT

CAD/CHF 1Q Forecast: Long CAD/CHF – A Combination of Risk Trends and Positioning

As the global economic outlook improves with pent up demand supporting growth, risks are tilted to the upside for oil prices, which in turn is likely to keep the Canadian Dollar afloat, particularl…

from DailyFX – Market News https://bit.ly/3aFZXFC
via IFTTT

from WordPress https://bit.ly/3aIiX6l
via IFTTT

from Blogger https://bit.ly/3mQNYHR
via IFTTT

from WordPress https://bit.ly/3ruvPmv
via IFTTT

from Blogger https://bit.ly/37PUZ7u
via IFTTT