What is the outlook for USD/JPY? Here is their view, courtesy of eFXdata: Credit Suisse discusses USD/JPY outlook andlikes longs via options around current levels. In our Q2 Outlook,we argued for an expected range of USDJPY 107.00 112.50 for the quarter, arguing that moves to the low end of ...

https://www.forexcrunch.com/usd-jpy-in-107-112-50-range-for-q2-buy-on-moves-into-the-low-end-of-the-range-credit-suisse/

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GBP/USD dropped sharply late in the week and the pair ended the week just above the 1.38 line. The upcoming week has four releases, including the BoE rate decision. Here is an outlook for the highlights and an updated technical analysis for GBP/USD. The Confederation of British Industry Realized ...

https://www.forexcrunch.com/gbp-usd-forecast-may-3-10-will-boe-signal-that-a-taper-is-on-the-way/

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GBP/USD has been drifting higher as Conservatives have come on top in a by-election. US Nonfarm Payrolls and speculation about the vote in Scotland are set to move the currency pair. Fridays four-hour chart is painting a bullish picture. Hartlepool a place where many GBP/USD traders are ...

https://www.forexcrunch.com/gbp-usd-uk-elections-outweigh-nonfarm-payrolls-impact-and-favor-the-bulls/

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GBP/USD has surged above 1.40, hitting levels last seen in February. Scotlands elections, the UK accelerated reopening and weak US jobs figures are being the move. Mondays four-hour chart is showing cable is nearing overbought conditions. The triple-top has been breached finally and ...

https://www.forexcrunch.com/gbp-usd-three-reasons-for-the-big-breakout-above-1-40-next-levels-to-watch/

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EUR/USD has hit the highest levels since February in response to weak US labor figures. Contradicting messages from ECB members on the next moves may weigh on the euro. Mondays four-hour chart shows that the pair still in overbought territory. A currency war of sorts that is what may limit ...

https://www.forexcrunch.com/eur-usd-correction-time-overbought-conditions-and-ecb-uncertainty-may-trigger-a-downfall/

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What is the outlook for EUR/CHF through year-end? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses EUR/CHF outlook andmaintains a core bullish bias through year-end. Data-wise, it will be quiet next week with no meaningful data scheduled to be released. As such...

https://www.forexcrunch.com/eur-chf-sticking-to-mid-year-1-10-target-ahead-of-1-12-year-end-target-credit-agricole/

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EUR/USD has been under pressure as fears of inflation have boosted the dollar. The ECBs dovish policy comments may pressure the euro counter Europes vaccination progress. Tuesdays four-hour chart is pointing to euro/dollar resuming the rally? Hold the line the rallying cry for ...

https://www.forexcrunch.com/eur-usd-us-inflation-fears-and-ecb-dovishness-to-keep-the-pair-pressured-for-now/

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EUR/USD rallied late in the week, as the pair recorded its best weekly performance since November 2020, with gains of 1.22%. There are four releases in the upcoming week. Here is an outlook at the highlights and an updated technical analysis for EUR/USD. German retail sales of March sparkled with a ...

https://www.forexcrunch.com/eur-usd-forecast-may-10-14-euro-rises-to-10-week-high/

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The BoE responded to stronger economic conditions and slowed the pace of its QE programme at its policy meeting. Employment numbers in Canada and the US nonfarm payrolls were far short of expectations. Is the US recovery sputtering? This weeks inflation and retail sales numbers may help ...

https://www.forexcrunch.com/forex-weekly-outlook-may-10-14-uk-gdp-us-retail-sales-in-focus/

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GBP/USD has bounced as the BOE upgraded its outlook and horrible US jobs figures. UK GDP and US consumer figures promise another busy week in cable. Early Mays daily chart shows bears are gaining some ground. The FX Poll is pointing to short-term falls before and upswing later. Something is ...

https://www.forexcrunch.com/gbp-usd-can-americas-cooldown-send-sterling-above-1-40-uk-gdp-us-consumer-eyed/

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Although Bitcoin is the best performing mainstream asset of 2020, beating out gold, stock indices, oil trading, and anything else, Ethereum has outperformed the leading cryptocurrency by market cap by a large margin. Ethereum rallied from $130 to $490 in 2020 alone and remains up well over 180% year...

https://www.forexcrunch.com/primexbt-analyst-expects-bitcoin-to-catch-up-to-ethereums-defi-driven-success-2/

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EUR/USD has been rising as US yields lose ground. Concerns about overheating of the US economy have subsided, leaving room for lower rates. Thursdays four-hour chart is pointing to further gains. Short memory markets seem to have forgotten Treasury Secretary Janet Yellens comments on ...

https://www.forexcrunch.com/eur-usd-goldilocks-for-bulls-americas-supply-chain-issues-leave-room-for-more-gains/

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What is the forecast for the USD and GBP in the near-term? Here is their view, courtesy of eFXdata: TD Research seesa scope for the USD to consolidate, and for GBP to outperform in the near-term. The USD continues to retreat following a much softer payrolls report. One consequence of this ...

https://www.forexcrunch.com/usd-some-consolidation-n-term-gbp-in-price-discovery-mode-that-leans-topside-td/

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What is the outlook for GBP, with the Scottish Parliamentary election and BoE policy meeting later today? Here is their view, courtesy of eFXdata: Citi outlines its expectations for thisThursdays Scottish Parliamentary election, and BoE policy meeting. With no overnight counting, event risk ...

https://www.forexcrunch.com/gbp-get-read-for-super-thursday-all-you-need-to-know-citi/

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The Scottish parliamentary elections are today. What will be the effect on GDP? Here is their view, courtesy of eFXdata: MUFG Research flagsthe Scottish parliamentary elections on Thursdayas an important event risk for the pound this week. The pro-independence parties of the SNP (68), Alba ...

https://www.forexcrunch.com/gbp-scottish-parliamentary-elections-on-thursday-could-trigger-initial-pound-selling-mufg/

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EUR/USD has dropped below 1.1990 after US Treasury Secretary Yellen talked about rate hikes. Two critical US data points are set to rock the currency pair. Wednesdays four-hour chart is pointing to further falls. It may be that interest rates will have to rise somewhat Treasury ...

https://www.forexcrunch.com/eur-usd-yellen-sends-euro-below-critical-support-levels-to-watch-ahead-of-data/

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EUR/USD has been succumbing to data-fueled dollar strength. The ISM Manufacturing PMI, concerns about Europes economy and hawkish Fed comments should keep the pair pressured. Mondays four-hour chart is showing bears are gaining ground. Down in March, up in April and now back down in ...

https://www.forexcrunch.com/eur-usd-sell-in-may-and-go-away-fundamentals-and-technicals-point-to-further-losses/

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EUR/USD has dropped off the highs, surrendering to dollar strength. Concerns about a patchy recovery may push the currency pair lower. Tuesdays four-hour chart is showing that bears are gaining ground. It is springtime and Europe is reopening to travelers yet the upbeat news coming from ...

https://www.forexcrunch.com/eur-usd-bear-attack-on-1-20-looks-imminent-as-markets-see-glass-half-empty/

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Dollar demand is pushing the US currency far above its intrinsic value, increasing the risk of market volatility. Progress in developing novel coronavirus vaccines in the United States is raising expectations for a quick recovery in the worlds largest economy, boosting demand for the ...

https://www.forexcrunch.com/the-dollar-remains-overvalued-against-other-currencies/

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The UK is projected to report a 1.7% contraction in the first quarter. Optimism about a vaccine-led recovery from the second quarter onward is baked into the price. A reminder of past weakness may trigger a much-needed correction after the big breakout. Flowers are blossoming, birds are chirping and...

https://www.forexcrunch.com/uk-gdp-preview-contraction-to-trigger-correction-sterling-set-for-a-reality-check/

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What is the outlook for NZD/USD? Here is their view, courtesy of eFXdata: Bank of America Global Research discusses NZD/USD outlook andadopts a bearish bias, and likes to express that in spot targeting a move towards 0.70. Quant signals now show signs for USD upside for the first time in ...

https://www.forexcrunch.com/nzd-vulnerable-to-a-usd-rally-shorts-attractive-here-for-0-70-bofa/

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USD/CAD dropped sharply, as the Canadian dollar posted its strongest 1-week gain this year. The pair dropped to its lowest level since February 2018. There are four economic releases in the upcoming week. Here is an outlook for the highlights and an updated technical analysis for USD/CAD. In Canada...

https://www.forexcrunch.com/usd-cad-forecast-may-3-10-canadian-dollar-surges-to-3-year-high/

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What is the outlook for EUR/USD at the end of Q2? Here is their view, courtesy of eFXdata: Nordea Research discusses EUR/USD outlook andtargets the pair at 1.15 end of Q2. Our view on USD interest rates could also lead to a reversal of the EUR/USD towards the second half of this year. We find...

https://www.forexcrunch.com/eur-usd-a-reversal-is-coming-targeting-1-15-1-16-by-mid-year-nordea/

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GBP/USD recorded strong gains for a second straight week. The pair rose 0.79%, closing the week just shy of the 1.41 level. The upcoming week has six releases, including GDP. Here is an outlook for the highlights and an updated technical analysis for GBP/USD. In the UK, GDP for Q1 slipped by 1.5%, ...

https://www.forexcrunch.com/gbp-usd-forecast-may-17-21-pound-rally-continues/

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The euro rally petered out, as EUR/USD was down slightly last week. There are three releases in the upcoming week, including eurozone inflation. Here is an outlook at the highlights and an updated technical analysis for EUR/USD. The eurozone Sentix Investor Confidence rose to 21.0 in May, up from 13...

https://www.forexcrunch.com/eur-usd-forecast-may-17-21-euro-steady-fed-insists-no-change-in-policy/

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US inflation jumped in April and this weeks CPI data from the eurozone and Canada is also expected to show an increase in inflation. In the UK, GDP for Q1 slipped by 1.5%, close to the estimate of -1.6%. However, the March GDP report was positive, with a healthy gain of 2.1%, above the ...

https://www.forexcrunch.com/forex-weekly-outlook-may-17-21-2/

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The US reported an increase of only 266,00 jobs in April, on top of downward revisions. Concerns of overheating seem overblown, or at least that the economy is adapting. The Federal Reserve is set to keep low rates for longer, hurting the dollar but being a boon for stocks. Are seasonal adjustments ...

https://www.forexcrunch.com/nfp-analysis-terrible-figures-show-overheating-theory-remains-relevant-only-for-stocks/

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The Canadian dollar recorded another strong week, with gains of 1.26%.USD/CAD dropped to its lowest level since September 2017, as the pair ended the week slightly above the 1.21 level. There is just one economic release in the upcoming week. Here is an outlook for the highlights and an updated ...

https://www.forexcrunch.com/usd-cad-forecast-may-10-14-canadian-dollar-sparkles-but-job-numbers-sink/

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GBP/USD rose 1.32%, its highest one-week gain of the year. The upcoming week has four releases, including GDP. Here is an outlook for the highlights and an updated technical analysis for GBP/USD. In the UK, PMIs for manufacturing, services and construction all came in above the 60 level, well into ...

https://www.forexcrunch.com/gbp-usd-forecast-may-10-14-pound-climbs-close-to-1-40-level/

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What is the outlook for EUR in the near and long terms? Here is their view, courtesy of eFXdata: Credit Agricole CIB Research discusses EUR outlook andmaintains a cautious bias in the near-term, while staying bullish on the single currency in the long term. We believe that the single currency...

https://www.forexcrunch.com/eur-staying-constructive-l-term-but-vulnerable-to-2-key-risks-n-term-credit-agricole/

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