Latest Forex Research
Weekly Economic & Financial Commentary
U.S. Review Economy Contracts in Q1, Stronger Growth Ahead • Revised Q1 GDP figures showed that the economy contracted 1.0 percent,
Weekly CFTC Trader Positioning Data
Sentiment is shifting back in favour of the USD warning of further near‐term USD gains. Overall market positioning is light; with most currencies held close to flat.
Fed Williams: Sees 2%-2.5% Fed Funds Rate At End of 2016
San Francisco Federal Reserve Bank President John Williams said Friday he sees a lower interest rate environment over the long run, with the Fed funds rate around 2%-2.5% at the end of 2016.
Fed Plosser: Worried About Inflation in 2-3 Yrs
Philadelphia Federal Reserve Bank President Charles Plosser said Friday that while PCE data shows inflation is moving in the right direction, he worries about inflation two to three years down the road.
USD/JPY: Buy Or Sell?
The latest macro data releases continued to support the view of the BoJ being in no need to ease monetary policy further.
Weekly Report
Markets have priced in rate cuts Looking forward the key event will be the European central bank policy meeting.
Daily FX Update
Bond markets remain the core focus into the weekend. The U.S. 10‐year yield is trading at 2.47%. Today’s release of the PCE deflator will provide important clues in judging inflation and
EUR Mid-day Analysis
The Euro remains under the negative spell of easing prospects from next week’s meeting and somewhatdisappointing data from German retail sales overnight leaves the edge with the bear camp.
CHF Mid-day Analysis
Like the Euro, the Swiss remains entrenched in a well-defined downtrend channel on its charts. Notsurprisingly the Swiss is likely to
JPY Mid-day Analysis
he yen has held a relatively weak upward track on the charts and seeing Japanese April housing startscome in better than extremely weak projections has left the bull camp with a minimal edge.
USD Mid-day Analysis
The Dollar has started out a touch weaker today but we don’t see the impetus for a selling wave in theDollar today. In fact, we expected US Personal Income and Spending results to provide a minimal underpin forthe Dollar.