Latest Forex Research
BOJ Kuroda: Japan Economy To Rebound in July-Sept
Bank of Japan Governor Haruhiko Kuroda said the domestic economy will overcome a slump caused by the April sales tax hike and start growing again in the July-September quarter.
IMF Lagarde: Central Banks Might Have To ‘Lean Against The Wind’
International Monetary Fun Managing Director Christine Lagarde said Sunday that monetary policy may need to ‘lean against the wind’ of emerging financial imbalances.
European Elections: Anti-EU Parties Make Significant Gains
Anti European Union parties on both the right and left appeared to be making significant gains in Europe’s parliamentary elections,
Societe Generale: Weekly CFTC Trader Positioning Data
The following are the latest weekly positions updates on Societe Generale’s FX Quant Fund which runs systematic currency strategies by SocGen’s quant analysts.
Asian Currencies Technicals
AUD/USD continues to hover precariously above the key $0.9173-0.9205 support region where key moving averages, lower 21 day Bollinger band and Ichimoku cloud base are all located.
Weekly Commentary
A couple of weeks ago the high exchange rate and weakinflation pressure lead us to update our call on the timingof interest rate hikes by the Reserve Bank this year.
Daily FX Wrap and Strategy
The NZD/USD closed the week at the lower end of recentranges, dipping 0.2% to 0.8550.Friday’s (delayed) ANZ consumer confidence survey wasnot one to trouble the scorers,
FX: final call, EURUSD
The EURUSD tapped the 200D MA, but still needs to confirm on higher volume. The USD uptrend has begun? Not if USDCHF stalls here.
The Week Ahead in FX
In the coming week, markets in the U.K. will be closed for a public holiday on Monday, while U.S. markets will also be closed for the Memorial Day holiday.
Weekly Economic & Financial Commentary
U.S. Review As Good as It Gets. As Good as Can Be Expected. • April’s housing data showed some modest improvement but
Weekly CFTC Trader Positioning Data
FX volatility is low and positioning is relatively light, even in carrytrades that typically thrive in low vol environments. Most positionsare close to flat, and even large positions,