Gold prices rallied sharply on Monday, as investors increased bets that the Federal Reserve will hold off on raising interest rates until later this year following the release of disappointing U.S. employment data. A delay in raising interest...
Every client we have met over the last two weeks is asking the same question: will today’s historic ECB meeting be a “sell the fact” event for European risk assets and the euro? Our own view is that...
(136,85) The EURJPY confirmed a mixed closing last night, however negative, but well off the low below 136!! The indicators of the daily chart are still well negative but those of the s/t charts are remaining above the line...
(1,2353) The USDCAD confirmed a very strong closing after the impressive rally following the rate cut by the BoC! We believe the dollar is too high, especially if one believes that the US economy is really growing!! The indicators...