OctaFX | OctaFX Forex Broker
Open trading account
Back

All signals are uniformly negative EUR - Westpac

FXStreet (Bali) - Short EUR remains favoured, in view of Richard Franulovich, FX Strategist at Westpac.

Key Quotes

"Our G10 model has been consistently short EUR all year and approaches September with a decent 17% short position. With the exception of a bullish current account momentum signal - reflecting the region's healthy external balance - all of our signals are uniformly negative EUR including: growth, total yield, long term valuation (both PPP and terms of trade), short term TWI fair value and logic probability."

AUD/USD sits between critical levels

AUD/USD is trading at 0.9305, down -0.01% on the day, having posted a daily high at 0.9310 and low at 0.9301.
Read more Previous

A run on short dollar stops in the US - FXStreet

Valeria Bednarik, chief analysts at FXStreet explained that action for a change took place in the American session.
Read more Next
Start livechat