The US dollar is in the midst of a rally. What is the forecast for the currency? Here is their view, courtesy of eFXdata: TD Research discusses the USD
What is the outlook for EUR/USD? Here is their view, courtesy of eFXdata: TD Research discusses EUR/USD outlook and flags 1.25 as a strong barrier over
What is the outlook for GBP on crosses? Here is their view, courtesy of eFXdata: TD Research likes to fade GBP rallies on the crosses (especially vs AUD
Jan 6, 2021 09:44 GMTDaily Look
The results of the US Senate election run-off in Georgia has yet to be determined. What are the implications for the US dollar?
Here is their view, courtesy of eFXdata:
TD Research discusses the potential market reaction to ([Tuesday’s] US Senate election run-off race in Georgia.
“
Democrat control: Should the Democrats succeed in flipping the Georgia Senate seats, markets will need to weigh the risk around a potentially more ambitious policy agenda (i.e. regulatory and tax changes) and additional fiscal stimulus. Taken in conjunction with the easing of notable tail risks,
we think this would fuel the USD’s downside momentum under the umbrella of reflation cemented by a higher inflation risk premium,” TD notes.
Dec 14, 2020 09:18 GMTDaily Look
The US dollar has been under sustained pressure. What is the outlook for the currency?
Here is their view, courtesy of eFXdata:
TD Research expects a 2-3% rally in the USD across the board over the coming weeks.
“Given how stretched the EUR and other currencies sit on our dashboard,
the USD can rally on positioning and short-term value without the need for growth,” TD notes.
“A 2-3% rally in the broad USD would sink the EUR back below 1.20, limit GBP to 1.35, and propel USDCAD back through 1.30. Against this, we also like the structural bullish JPY story, fading rallies towards 105,” TD adds.