
Some GBPUSD Mean Reversion Ahead?
There might be some scope for a short-term mean reversion move higher this week for GBPUSD.
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There might be some scope for a short-term mean reversion move higher this week for GBPUSD.
Our medium-term bias for AUDCAD remains tilted to the upside and we’ll be keeping a very close eye on this week’s incoming Wage Index data.
It took longer than we thought, but it looks like the tide is finally turning for the AUDCAD.
President Lagarde released her inner hawk at the most recent ECB meeting – and EUR bulls paid the price for it.
At its December meeting, the RBA explained that it will decide on the future of its bond purchase program at the February meeting.
Risk assets have endured a very bumpy two weeks and as usual, the markets are looking for a scapegoat.
This week, focus for the USD will centre on the virus, Fed speak, inflation expectations and OPEC.
Markets are pricing in a 100% chance of a 25bsp hike by the RBNZ this upcoming week – but could there be a surprise on the cards?
A C$1 billion taper from the Bank of Canada at their upcoming meeting has been fully priced in.
The NZD had a textbook “buy-the-rumour-sell-the-fact” reaction to the RBNZ’s 25-basis point rate hike last week. But has anything really changed for the currency?
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