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Forex Banks Forecasts
Banks positioning on EUR/USD
Large banks positioning on EUR/USD :
Danske Bank: SELL LIMIT at 1.0655, TAKE PROFIT 1.0432, STOP LOSS 1.0727 (set on Mar. 17)
Credit Suisse holds SHORT from 1.0560, TAKE PROFIT 1.0000, STOP LOSS 1.0684 (entered on Mar. 16)
Morgan Stanley…
Large banks: what to expect from the Fed?
FOMC policy announcement, economic projections and statement will be released at 18:00 GMT on Wednesday, March 18. Press conference from Janet Yellen will follow at 18:30 GMT.
What do analysts at large banks expect from the meeting?
CIBC:…
Commerzbank bearish on EUR/CHF
Analysts at Commerzbank are bearish on EUR/CHF after the pair fell below 1.0600 on Friday. In their view, the single currency will slide to 1.0414 (Feb. 9 minimum). The attempts of the bulls to push the prices higher will find resistance in…
How do big banks trade EUR/USD?
Large banks positioning on the EUR/USD pair:
Credit Suisse holds SHORT from 1.1088, TAKE PROFIT 1.0836 (entered on March 4)
BofA Merrill holds SHORT from 1.1290, TAKE PROFIT 1.0765, STOP LOSS 1.1340 (entered on Feb. 24)
Danske Bank holds…
Large Banks: EUR/USD Positioning – February 18, 2015
Large banks positioning on the EUR/USD pair:
Danske Bank holds LONG from 1.1383, TAKE PROFIT 1.1534, STOP LOSS 1.1298 (entered on Feb. 16)
Morgan Stanley: holds SHORT from 1.1370, TAKE PROFIT 1.0700, STOP LOSS 1.1470 (entered on Feb. 12)…
Large banks: positioning on USD/CAD
That's how the large banks are positioned on USD/CAD:
JP Morgan: LONG from 1.1284, Take Profit 1.1650, Stop Loss 1.1065
Morgan Stanley: LONG from 1.1230, Take Profit 1.1550, Stop Loss 1.1200
Credit Suisse: LONG from 1.1260, Take Profit…
Goldman Sachs: USD/JPY long-term bulls
According to strategists at Goldman Sachs, USD/JPY is now forming a low. The chart looks potentially very positive just as long as the 103.20 level (76.4% Fibo) holds as support.
Goldman advises keeping a close eye on the pair long-term…
Morgan Stanley: latest Forex forecasts
Here are the latest major currencies forecasts by Morgan Stanley (price at the end of period).
Morgan Stanley Forex Forecasts
Source: FBS Markets
Nomura lowered EUR/USD forecast
Analysts at Nomura decided to cut target for EUR/USD in Q4 from $1.27 to $1.24. The specialists give 6 reasons for weaker euro in the coming months:
1) Fixed income portfolio flows are weakening.
2) Corporate currency flow, linked to…
Bank of America: will the Fed prolong QE?
The Bank of America attempts to quantify how far stocks would have to slide to cause the Fed to either extend or restart a bond-buying program that’s currently on track to end this month.
The bank points out that in 2010 and 2011 the Fed…