Citi FX Flows Monitor – London Open

Overall, we have seen reasonable net selling of USD so far today. As Europe walks in, the net short is close to the largest it has been during the session. Turnover is not that gre …
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Morgan Stanley G10 FX Outlook

USD Bullish Watch: Yellen, New Home Sales, GDP, core PCE USD has broken out to the upside and we maintain our strategic bullish bias. The FOMC Minutes, while not significantly more …
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Barclays: Shifting from short EUR/JPY to short EUR/GBP and EUR/USD

Our conviction in selling the EUR has only increased, but the deterioration in Japan’s economic circumstances and improved tactical opportunities in the USD and GBP lead us to a …
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FX Flows + Orders Update

From the Westpac Spot Desk via our FXWW chatroom: Weaker French GDP and revisions lower to 2015 growth from 1% to 0.5%, German GDP coming in weaker sets the tone for flat EZ growth …
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SocGen expects Cable to drop further

From Societe Generale: GBP/USD has given a dual break below an upward weekly channel and the 21-week moving average. The pair is poised to drift lower towards May lows at 1.6690/30 …
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BNZ – NZD Cross Analysis

NZD/AUD: The collapse in NZD in the past month, combined with some paring RBA easing expectations, saw the cross test 2014-lows around 0.9060. A eye-raising jump in Australia’s u …
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Goldman Sachs Spot Desk Strategies

From Goldman’s Spot Desk via our FXWW chatroom: EUR: I continue to hold a core short, will look to add if we get a rally back to 1.3400/20 with a stop above 1.3450. First support …
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Citi G10 Flows Update

G10 Flows: Momentum versus contrarian? Despite the strong USD comeback overnight, we have actually seen net USD selling for most of the Tuesday session and the flow only flipped ov …
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Barclays ECB Preview

No change today but focus on contingencies for more action later  We expect no significant announcement  The ECB governing Council met yesterday and this morning for its regular …
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Barclays: Staying bearish on the EUR into the ECB

Thursday’s ECB meeting is likely to accentuate EUR weakness, in our view. While we and the market do not expect any change in policy, ECB President Mario Draghi is likely to rea …
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