Latest Forex Research
FI Eye-Opener: Absent inflation pressures still supportive of bonds
Bonds initially took a beating yesterday after strong gains in US payrolls (see more below), but the moves moderated later.
FX Daily
A bit of an anti-climax today after yesterday’s flood of important news. The USmarkets are closed for Independence Day celebrations and outside Scandinavia wehave a very light calendar.
Daily Market Technicals
Layers of resistance are now noted on the hourlies in the $1.3638-1.3700 region with bulls needing to see a close above $1.3700 to
AUD/USD Analysis
Aussie started this morning at $0.9347 after yesterday’s losses extended to a low of $0.9327 seen during the US hours.
EUR/USD Analysis
The pair started in Asia at $1.3610 after a $1.3596 to $1.3653 range marked during the US session last night.
USD/JPY Analysis
The pair opened at Y102.19 in the Asia-Pacific this morning following last night’s gains to Y102.27 during the US hours following the release of better-than-expected US non-farm payrolls data.
GBP/USD Analysis
The pair closed in NY Thursday at $1.7155 after rate was able to recover off US NFP react lows of $1.7092,
Markets After ECB & NFP
The overnight market sentiment was positive; US equity indices reached their all-time highs as NFP number turned out to be much better
Financial Markets Wrap – June: Janet Says Jump, Markets Say How High
– The European Central Bank unleashes a policy blitz in effort to stave off the spectre of deflation.
Weekly Economic & Financial Commentary
U.S. Review All the Rage is the Wage • Nonfarm payrolls sparked a few fireworks,
USD Long vs EUR & JPY – BNP Paribas
The dichotomy of strong jobs data versus weaker headline growth was exacerbated by the June nonfarm payroll report, notes BNP Paribas.