Posts Tagged ‘FX Advice’
Currency Exchange Trading : The Currency Market Research and Expected View
Our long term view on the dollar vs. Other currencies is long buck / yen ( USD / Jpy ) on IR differentials and long Australian greenback / buck ( Aud / Usd ) on worldwide commodity expansion.
Thenear-term view is short the Euro Buck / greenback ( Eur / $ ) on an equity market pullback and short the buck / Canadian dollar ( dollars / Cad ) on natural resource growth.
Foreign exchange traders are at the impulse of worldwide risk markets at the moment, as stock markets push through yearly highs on the SP 500, pulling gold and oil up to near-term highs as well .