SEB: USD/CAD ready to surge higher – eFXnews

FXStreet (Barcelona) - The eFXnews Team notes SEB views the current price action for USD/CAD remains suggestive of a building bullish momentum.

Key Quotes

“The current setup remains clearly friendly to a bullish view and if our assumption is right the pair should be on the verge of breaking higher.”

“If subscribing to the idea one should buy the pair no later than 1.2565 the trigger point for the expected acceleration higher.”

This content has been provided under specific arrangement with eFXnews.

Eurozone GDP figures halt losses in the EUR/GBP pair

The slide in the EUR/GBP pair was halted around 0.7212-0.7215 levels after the data released by Eurostat showed an upward revision of the fourth quarter Eurozone GDP.
อ่านเพิ่มเติม Previous

Falling euro a trouble for Riksbank and DNB – Rabobank

Jane Foley, Senior Currency Strategist at Rabobank, explains that the previous slump in Euro triggered SNB, DNB and even the Riksbank to take measures to defend their currency pegs, and the present fall might brew trouble for the central banks to undertake further defensive measures.
อ่านเพิ่มเติม Next