During the last session of last week, the EUR/USD broke the schemes, violating the range that characterizes last week after slightly better than expected US CPI data, fueled by rents and medical services. 188 more words
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USD: Limited USD Rally. Neutral.
We maintain our view that the USD will remain weak against EUR, CHF and EM. While recent Fed commentary has continued to be hawkish, US data has been coming in weak, with the latest non-manufacturing ISM figure falling to the lowest level since 2010. 886 more words
The EUR/USD cross is extending his recovery at the opening of the London session after the calm is returned following the ECB disappointment. The market focus seems to be on China now, where overnight data led the market to a risk-off sentiment. 269 more words
A private client from Germany (living in London) introduced to me by his London based solicitor recently restored by faith in both the strength of a person referral and the value of having an actual person at the end of the phone (in this case…me). 910 more words