Latest Forex Research
CAD Mid-day Analysis
We are a little surprised that the Canadian isn’t rising off the tide of positive international manufacturing results overnight but
GBP Mid-day Analysis
Not surprisingly, the UK has produced more stellar economic results overnight with UK manufacturingcoming in better than expectations at 57.7!
EUR/USD Technical Analysis
EUR/USD has rallied strongly higher to test the 55 day ma at 1.3699, notes Commerzbank.
Central European Daily
Regional PMIs ease in line with worsening of business conditions in Germany and the euro-zone Polish PMI just above 50 in June. Will it trigger reactivation of the NBP easing cycle?
USD Stay Range Bound
The USD is the dominant global funding currency; hence it makes a fundamental difference if the Fed, rather than other central banks,
FX Daily Majors
Today’s highlights: GBPUSD has broken higher again to test trendline resistance at 1.7126, with our core target still at 1.7332.
Daily Technical Report
EUR/USD has broken to upside out of itshorizontal range defined by 1.3503 and 1.3677. The short-term bullish momentum is intact aslong as the hourly support at 1.3651 (previousresistance) holds.
The Global Macro Pulse
The pro-cyclical theme saw the dollar’s weakness extend, predominantly to the benefit of AUDUSD,
Sweden: Manufacturing PMI stronger than expected
The June PMI report for the manufacturing industry was strong and better than expected.
€ at/close to a potential turning point. SEK reaction.
EURUSD: The first step of yesterday’s outlined scenario, the move upto 1.3678/86, has been taken so now it remains to be seenwhether the second one,
UBS Morning Adviser
Compared to the RBA, the RBNZ has a bigger problem with valuations It is now well in the price of both the AUD and NZD that heading into
FX Daily
While ISM manufacturing has recovered a lot from the winter lows, we believe it canimprove a bit further in the short term before moderating in Q3.