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TD: Stay short NZD/CAD, and look to buy EUR/GBP and sell GBP/JPY

TD Research discusses its current trade bias in G10, and maintains a short NZD/CAD exposure in spot targeting a move towards 0.8100

"Markets are still digesting a very confusing week. Central banks failed to push back on the easing of financial conditions, and a few like the BoE and Fed seem ready to downshift. We still think the Fed does more than the market is pricing and ditto for the ECB. The blockbuster round of data Friday feels like the proper catalyst to kick-start a modest... Read More

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Content Topics

Stay

Short

Nzd

Cad

Look

Eur

Gbp

Sell

Jpy

Nzd cad

Eur gbp

Gbp jpy

Forex

Posted: Feb 6 2023, 19:33

Author Name: forexlive

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