Berita dagangan
Back
30 Sep 2016

EUR/USD keeps the sideline theme unchanged, for the moment – UOB

EUR/USD is expected to extend its current consolidative pattern between 1.1120 and 1.1290 for the next 1-3 weeks.

Key Quotes

“As expected, the rebound in EUR extended higher initially but the up-move was capped by the strong 1.1255 resistance (high of 1.1249). Indicators are mostly flat and at this stage, there is no pre-indication that EUR is about to embark on a sustained directional move. In other words, expect further sideway trading”.

“The neutral phase in EUR that started last Friday is still clearly intact. At this stage, there is no pre-indication that this pair is about to break out of the expected sideway trading range of 1.1120/1.1290”.

 

 

Sep 30, 2016

BoJ: Problem with subsiding inflation pressures - MUFG

Derek Halpenny, European Head of GMR at MUFG, suggests that unlike the Fed, the BoJ potentially has the opposite problem with inflation pressures subs
Baca lagi Previous
Sep 30, 2016

Eurozone: A jump in inflation without reason to cheer - ING

Bert Colijn, Senior Economist at ING, notes that the Eurozone inflation rate increased from 0.2% to 0.4% in September, but concerns about the price gr
Baca lagi Next