Latest Forex Research
AUD/NZD about to test key support at 1.0750
EUR/USD over 1.3586 would target at least 1.3621… GBP/USD could re-test 1.6922 before turning higher again – then with focus on 1.7025\44…
UBS Morning Adviser
Revise GBP forecasts higher; forecast EURGBP at 0.78 in 1m, 3m and year-end In the wake of BoE Governor Carney’s Mansion House speech last week,
FI Eye-Opener: Bills with negative return back
Core bonds rallied further early yesterday on geopolitical concerns and equity weakness, but the moves moderated towards the evening.
Daily Market Technicals
EUR/USD managed a marginal brief spike above the previous initial resistance at $1.3583 and the falling daily trend line off May monthly highs,
EUR/USD Analysis
The pair started this morning at $1.3574 after a $1.3530 to $1.3580 range in the US last night. Euro-dollar edged higher in early dealings after
GBP/USD Analysis
The pair closed in NY Monday at $1.6980, euro-sterling at stg0.7990. Cable took out the $1.7000 barrier and extended to multi-year highs of $1.7011,
RBA Board Minutes – June 2014
The June RBA Board minutes are probably a bit more dated that usual because the Board meeting pre-dated the betterthan expected QI GDP data.
USD/JPY Analysis
The pair opened at Y101.83 this morning and after an early Y101.82/86 range, began to creep higher as ongoing worries about
Outlook for Borrowers: Post June MPS
The RBNZ raised the Official Cash Rate (OCR) by 0.25% at its 12 June meeting, to 3.25%. It remained committed to the process of ‘normalising’ the OCR,
IMF Lagarde: Not Expecting Fed Hike Shortly After Ending QE
The financial markets’ assessment is that the Federal Reserve will not wait too long after it’s monthly asset purchase program ends before tightening monetary policy,
Daily FX Wrap and Strategy
The NZD edged up overnight, and sits 0.1% higher againstthe USD, at 0.8670.Some of this is a hangover from the RBNZ’s rate hike andstern commentary last week.