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2 Jun 2016

GBP/USD: watching downside on leave camp making tracks - Scotiabank

Analysts at Scotiabank explained that GBP is little changed on the day but retains a soft undertone after the jittery trade earlier in the week. 

Key Quotes:

"The uncertain undertone may extend a little more, with the recent narrowing in the referendum opinion polls suggesting that “Leave” campaigning is starting to resonate with those voters who have remained on the fence so far."

"The CIPS construction PMI for May was weaker than expected at 51.2 (the street was looking for 52.0)."

Jun 2, 2016

USD/JPY: stay bullish above 107.65 folks

USD/JPY has been in free-fall since the 31st January, dropping from the 111 handle and down to 108.51 the low...
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Jun 2, 2016

USD to rise versus CHF in the coming quarters - Wells Fargo

Analysts from Wells Fargo, expect the US dollar to rise against the Swiss franc on the back of monetary policy divergence. ey Quotes: “Data that wer
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