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10 Feb 2016

EUR/USD: 1.1500 a tough nut to crack - Westpac

Analysts at Westpac suggested to buy dips in EUR/USD.

Key Quotes:

"Though strength too and through 1.15 would see that reverse. EUR strength exacerbating the sharp tightening in financial conditions already being delivered via bank and sovereign credit spreads.

ECB likely to deliver a heftier easing March 10, dovish speak from the likes of Weidmann ("economic skies more cloudy than a few weeks ago") all but sealing the case for more action. EUR has repeatedly failed into 1.14-1.16, upside momentum in any case likely to stall out closer to the ECB meeting."
Feb 10, 2016

EUR/USD: Fundamentals support the bid - FXStreet

Valeria Bednarik, chief analyst at FXStreet explained that the EUR/USD rallied up to 1.1337 this Tuesday, as the dollar keeps plummeting on risk-averse sentiment trading.
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Feb 10, 2016

USD/JPY: a clear bearish bias - FXStreet

Valeria Bednarik, chief analyst at FXStreet explained that the USD/JPY pair traded as low as 114.20 this Tuesday, it lowest since November 2014.
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