Category: Agricole

  • Credit Agricole: GBP emerges as a high-yielder post-BOE meeting

    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,…

  • Credit Agricole: GBP remains a best G10 FX bet despite risk aversion

    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…

  • Credit Agricole: GBP remains a best G10 FX bet despite risk aversion

    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…

  • Credit Agricole says EUR/JPY is overvalued By Investing.com

    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…

  • Credit Agricole says EUR/JPY is overvalued By Investing.com

    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…

  • Credit Agricole: Japan has succeeded in generating asymmetric risks around USD/JPY

    USD/JPY 1 hour Credit Agricole notes that recent interventions by the Japanese Ministry of Finance and the Bank of Japan have succeeded in creating asymmetric risks around the USD/JPY exchange rate. Estimated expenditures approaching those of previous interventions in 2022 have effectively influenced market expectations and risk assessments. the main…