Category: Agricole
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Credit Agricole: GBP emerges as a high-yielder post-BOE meeting
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GBPUSD Daily Following the Bank of England’s decision to hold interest rates, Credit Agricole highlights the emerging status of sterling as a high-yielding currency, supported by the possibility of future easing. Key points: Bank of England decision and future guidance: The Bank of England left interest rates unchanged in September,…
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Credit Agricole: GBP remains a best G10 FX bet despite risk aversion
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GBPUSD Daily Credit Agricole sees sterling as one of the best performing G10 currencies, despite recent setbacks due to a return to risk aversion and firmer-than-expected UK inflation. Sterling’s relative strength is driven by expectations that the Bank of England will hold interest rates steady, cementing its position as the…
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Credit Agricole: GBP remains a best G10 FX bet despite risk aversion
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GBPUSD Daily Credit Agricole sees sterling as one of the best performing G10 currencies, despite recent setbacks due to a return to risk aversion and firmer-than-expected UK inflation. Sterling’s relative strength is driven by expectations that the Bank of England will hold interest rates steady, cementing its position as the…
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Credit Agricole says EUR/JPY is overvalued By Investing.com
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Credit Agricole’s (OTC:) FAST FX model indicated that the currency pair appears overvalued, prompting the bank to recommend a sell trade. The model estimates that the short-term fair value of the EUR/JPY has fallen from a record high of 163.9110 to 162.1633. This shift is due to the rise in…
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Credit Agricole says EUR/JPY is overvalued By Investing.com
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Credit Agricole’s (OTC:) FAST FX model indicated that the currency pair appears overvalued, prompting the bank to recommend a sell trade. The model estimates that the short-term fair value of the EUR/JPY has fallen from a record high of 163.9110 to 162.1633. This shift is due to the rise in…