Latest Forex Research
GBP/USD Analysis
The pair closed in NY Friday at $1.6970, euro-sterling at stg0.7977. Cable found support in the dip from leveraged names as it recovered off pullback lows
USD/JPY Analysis
JPY enjoyed early gains this morning, thanks to worries about deteriorating security conditions in Iraq and Ukraine, while concerns about commodity prices also weighed on yen crosses.
Leveraged Funds’ Bet Against EUR Highest Since May 2013
The following are the key points in ANZ’s analysis for the latest speculative positioning report (positioning data is for the week ending 10 June.
Australian Markets Weekly – Still the same labour market spare capacity
Latest labour market instalment saw job creation stall but the unemployment rate steady at 5.8%; the rate should always be the focus.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week The hawkish surprise from the RBNZ should resound with markets for the next few weeks at least.
Markets Outlook – Optimism Gets Real
Post a solid increase in Q1 GDP, abatement certainly seems to be the more recent theme in the local data. However, for the most part this appears mostly a case of optimism getting real.
Weekly Commentary
Last week the Reserve Bank increased the OCR for a thirdconsecutive time to 3.25%, and delivered much the sameguidance on future interest rates as it did in its MarchMonetary Policy Statement (MPS).
Asian Currencies Technicals
Friday saw the AUD/USD manage an inside day bringing an end to the recent run of higher daily highs.
Daily FX Wrap and Strategy
The NZD cooled off slightly on Friday, paring its post-RBNZ gains. The NZD/USD fell 0.3% to 0.8670.The dip lower was in line with the AUD and
The Week Ahead in FX
In the week ahead, investors will be focusing on the outcome of Wednesday’s Federal Reserve policy meeting, while Monday’s preliminary report on euro zone inflation will also be closely watched.
Bank of Tokyo-Mitsubishi: GBP View
EUR/GBP: “In our latest monthly FX Outlook report, we projected that EUR/GBP would fall to 0.7500 by the end of Q1 2015 supported by the assumption that the BoE would begin to raise rates in February 2015.
Weekly Economic & Financial Commentary
U.S. Review Mixed Results from Economic Data Releases This Week • Retail sales increased a lower-than-expected 0.3 percent in May,