Latest Forex Research
ECB Noyer: Weak Monetary Policy Impact On Inflation Surprising
European Central Bank Governing Council member Christian Noyer said Saturday that while it was “very exaggerated” to talk about deflation in the Eurozone,
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week NZD/USD’s positive momentum remains strong and a break above 0.8800 is on the cards during the week ahead.
Warrant for the Reserve Bank’s Arrest
The Reserve Bank’s June Monetary Policy Statement was predicated on the economy starting to slow over the second half of this year.
Asian Currencies Technicals
The spike higher last week lacked follow through above the 21-DMA (Sgd1.2492). Current focus remains on the 2014 lows with
Weekly Commentary
There was a notably widespread downturn across therange of activity indicators for the New Zealand economy inApril,
Daily FX Wrap and Strategy
The NZD was among the worst performers on Friday, albeitin an evening where major currencies were little changed.
Aussie Currencies Technicals
Wednesday’s correction lower from ahead of fresh 2014 highs gathered momentum Thursday before finding support just above the 55-DMA to end the week.
The Week Ahead in FX
In the week ahead, investors will be focusing on Wednesdays’ minutes of the Federal Reserve’s June meeting, with few other major U.S. economic reports on the calendar.
BOE Monetary Decision In Focus
Following the ECB rate decision last week, eyes will focus on the BOE as it announces its monetary decision for July.
Weekly Report
Traders continue betting on lower RBA rates before the year-end The RBA kept its cash rate unchanged at the historical low of 2.50% as widely expected.
FX Daily Majors
Today’s highlights: EURGBP should be allowed to hold .7913 at first, ahead of a move to our core medium-term target at .7800.
We continue to focus on opportunities in long CADJPY or short EURCAD – Credit Suisse
Viewing the world from the perspective of a Fed-dominated financial market has been a struggle for most of the second quarter.