Citi FX Flows – London Open

We have seen small net USD selling overnight, but not enough to get excited about. We have seen some interesting flows though. The NZD remains unloved as the NZ elections approach. …
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EUR update from Goldman Sachs

We got what we were looking for from the ECB and have covered a large portion of our short now that 1.30 failed to break meaningfully.  While the details of the ABS purchase progr …
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Deutsche Bank: EUR/USD to drop to 1.25 by year-end

It is difficult to pin down what is exactly priced for today’s ECB meeting. Rate cuts and ABS purchases aside (the impact of which is too small to matter), we think markets expec …
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JP Morgan: Sell GBP/CAD

Well…JP Morgan doesn’t seem to agree with Citi’s reco and are recommending to short GBP/CAD. JPM: Sell GBPCAD at 1.8185, stop 1.8415, target 1.75 The latest break below daily …
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Citi Techs recommend long GBP/CAD position

CITI TECHS Going long GBPCAD We are adding a long GBPCAD position at 1.8042 with an initial target of 1.8360 and an extended target of 1.85. The stop is at 1.7925 and we are utiliz …
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BNP Paribas – Stay short AUD & USD/JPY to rise further

From the French bank’s stat team: AUD weakness justified…..stay short AUD AUD’s weakness this morning is no surprise given the stretched positioning amid the weakness of the …
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Morgan Stanley trade-of-the-week

They are looking to go long USD/CHF at .9170 with a stop-loss at .9120 targeting .9300. The post Morgan Stanley trade-of-the-week appeared first on www.forextell.com.
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Goldman Sachs Spot Desk Strategies

From Goldman Sachs’ Spot Desk via our FXWW chatroom: EUR: We have used the opportunity to fade the move higher, lowering our stop in our cash position above down to 1.3260 level. …
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BofAML staying technically bullish on USD

Liquid Technical Edge: We are bullish and long the US $ (currently against the €). Evidence says that the Greenback is in the midst of a medium, if not long term, bull trend. Now …
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BNP Paribas sees AUD/CAD heading to 0.97

From French investment bank BNP Paribas: New Zealand’s July trade balance deteriorated sharply to a deficit of NZD 692 million, the first deficit in nine months. The NZD has been …
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