Category: BoA
-
USD/CNY volatility likely – BOA By Investing.com
•
Investing.com – Bank of America takes a look at the pair, seeing potential volatility ahead. At 07:55 EDT (11:55 GMT), the USD/CNY was trading 0.3% higher at 7.0849, up 1% over the past week. “We continue to believe that the upcoming US elections on November 5 and the accompanying tariff…
-
Is US election risk already overpriced, BOA asks By Investing.com
•
Investing.com – US election risk premiums are getting expensive in foreign exchange markets, according to Bank of America Securities, but they may actually be exaggerated. Historically, most FX trading volumes do not generate enough to offset the implied volatility premium around the US election, analysts at the US bank said…
-
Why is CHF not weaker? BoA Securities explains By Investing.com
•
Investing.com – A play on the Swiss franc’s weakness has been the most bullish trade since the start of the year, according to Bank of America Securities, yet the currency has failed to weaken as much as expected. At 08:25 ET (12:25 GMT), the stock was trading up 0.1% at…
-
Why is CHF not weaker? BoA Securities explains By Investing.com
•
Investing.com – A play on the Swiss franc’s weakness has been the most bullish trade since the start of the year, according to Bank of America Securities, yet the currency has failed to weaken as much as expected. At 08:25 ET (12:25 GMT), the stock was trading up 0.1% at…
-
Deutsche Bank expect 3 Fed rate cuts in 2024. BoA says just 1
•
The Federal Open Market Committee (FOMC) meets on the 30th and 31st: Statement due at 1400 ET (1800 GMT) Fed Chair Powell’s press conference is in half an hour. Deutsche Bank expects nothing at this week’s meeting: First 25bp cut in September This was followed by a 25 basis point…
-
More yen weakness likely – BOA Securities survey By Investing.com
•
Investing.com – Further weakness in the Japanese yen appears likely, according to Bank of America Securities, citing its latest surveys of foreign exchange rates and interest rates. At 10:25 EST (14:25 GMT), it was trading 0.2% higher at 155.83 yen, with the pair up just under 2% this week as…