ATF Trading Room

U.S. Dollar Swinging On Mixed Non-farm Payrolls Data; Brexit Deal, Finally

Jobs

Non-Farm Payroll figures revealed an expansion of 228K jobs, exceeding expectations of 195K. Nevertheless, the overall bag of data this morning came in mixed as Average Hourly Earnings managed to grow by just 0.2% instead of the estimated 0.3%...

 

Goldman Sachs Research Team Sees Return of Idiosyncratic FX Risk

EU beach

The Goldman Sachs co-heads of FX Research Zach Pandl & KT Trivedi outline their views as we head into year end. In short: they believe that EUR weakness can continue and UK political risks may still weigh on GBP while NZD pessimism is overdone...

 

Forex News

U.S. Dollar Direction Is Now At The Mercy Of Progress In Washington

NYSE

The USD has been swinging within tight ranges, closed the week in similar fashion as markets awaited news from Senate regarding the tax reform legislation. With the bill passing at 2:00 am on Saturday, next week's opening session should prove interesting...

 

USD Unable To Recoup Thanksgiving Losses after News of German Coalition Prospects

Angela Merkel

The Euro registered its strongest level in 6 weeks versus the U.S. dollar on political news from Germany citing agreement between the Christian and the Social Democrats to meet and discuss forming a coalition government in Europe's largest economy...

 
 

Forex Outlook

GS FX Research: EUR and CAD Trade Ideas

709px-Euro_Construction.svg

Looking at the trading session ahead, Goldman Sachs strategists prefer not to chase EURUSD lower as it has already approached 1.1720 support, but would sell on rallies to 1.1810 or on a break below 1.1700, with EUR to be well supported near 1.1665...

 

GS Research Top Trades- Position for growth in EM FX

CurrenciesMap

As we wind down 2017, analysts at GS Research see the potential for stronger global and EM growth in the new year, that could boost emerging market currencies and could create USD, SGD and JPY short opportunities against the BRL, INR, and IDR...

 

Forex Research

Is Elliott waving goodbye to the U.S. dollar?

Currency Rates

Being a long-time observer of market dynamics one can`t help getting a sense of déjà vu when looking at the chart of US dollar index as it bears a very familiar Elliott Wave price structure to one seen not so long ago, which may surprise USD bulls...

 

The ‘Grand Old Party’ and the U.S. dollar

738px-Victor_Dubreuil_-_Barrels_on_Money,_c._1897_oil_on_canvas

A close examination of past administrations, major events on the world stage which have occurred since the end of the 1960s, and the US dollar trends, can provide a great insight of what the future might have in store for the greenback...

 

Bloomberg TV