The EUR/USD pair, which is currently trading in the 1.06s will eventually rise to 1.15 once near term once immediate downside drivers have passed, say Nomura.

 EUR/USD is stubbornly hanging on to current levels and not falling as would be expected from widening EU/US yield spreads.

A positive US data feed, heightened rate hike bets and Trump’s reflationary blend make for a strong Dollar outlook, whilst a noted downturn in Gold and other Yen pairs are a signal risk appetite ma…

 

Citibank is suggesting buying NZD/JPY as a way of trading yen weakness.

The EUR/USD pair rebounded after the Italian Referendum but it is unlikely to move far above 1.08.

The US Dollar weakened after the release of Non-Farm Payrolls (NFPs) on Friday Due to data showing a softness in wages.

The EUR/USD Pair is Expected to Decline Further as the Dollar Strengthens Based on Comparisons with the Regan Era, Argue analysts at Abn Amro.

The risk of a major political crisis in the Eurozone is making SNB interventions ever more costly and impractical, according to Credit Suisse.

A re-run of the 1.20 peg debacle, could see the EUR/CHF pair break below 1.08 and drop to parity argue Deutsche.

Canadian Lender TD Securities are forecasting USD/CAD to rise to 1.37 as worsening Canadian fundamentals weigh on the CAD.

USD/JPY has risen over 10% since Donald Trump’s Election Win, Rising From 101.00 to 111.00, but the rally may be coming to an end.

Deutsche Hold onto their EUR/USD shorts as they see the Euro vulnerable to political risk and the Dollar strengthening despite yield upside now looking capped.

A combination of two overarching factors are set to weigh on the EUR/USD pair for the remainder of the week.

Trump’s use of a softer Trumpxit rhetoric is likely to support the dollar going forward, with parity now in the cross hairs for some analysts.

USD/JPY is in a strong uptrend as the Dollar gains following the US election, it is now forecast to break above 110.00 and move higher, by several key analysts.

The USD/CAD pair is forecast to run higher in the short-term as the dollar resurfaces and the outlook for Canada worsens.

The GBP/USD pair could rally up to the 1.28-1.30 range if the Supreme Court backs the High Court’s decision to give parliament the final say on Brexit.

The US Dollar is likely to weaken due to the December rate hike already being priced in and market fatigue on the issue, say analysts at BNP Paribas.

Data for the Canadian dollar and a speech by Bank of Canada’s Poloz risk weighing on CAD during this week, say analysts at Citibank and TD Securities.

The EUR/USD pair is in a new short-term trend lower as a result of a brighter outlook for the Dollar and more downside for the Euro on increasing political uncertainty.