Euro on Edge During Holiday-Shortened Week Ahead of French Elections

Fundamental Forecast for EUR/USD: Neutral – French-German yield spreads widening back out, reflecting the market’s uncertainty over the outcome over the French election. – The retail crowd remains net-long EUR/USD, which as a contrarian indicator means losses could persist. – See how the French elections fit in with our Q2’17 EUR/USD forecast. The Euro lost […]


Risk Markets on Edge Ahead of FOMC, BoJ

Talking Points: – Global equity markets are continuing to hold-on to recent losses as we near to critical Central Bank meetings next week out of Japan and the United States. – The source of concern is whether the punch bowl will be pulled from global risk markets as Central Banks may get more risk averse […]