Latest Forex Research
The Week Ahead in FX
In the week ahead, investors will be looking ahead to the BoE’s quarterly inflation report for further indications of the expected course of monetary policy.
Opportunities Away From The FX Majors
As the market in general remains frustrated with the lack of a clear trend in G3 currencies, we highlight significant opportunities outside of these currencies.
Weekly CFTC Trader Positioning Data
The net short USD position widened to $6bn, with only CAD andJPY still held net short and AUD, NZD, MXN, EUR, GBP and CHF allheld net long. Over the last few weeks, positioning changes havebeen relatively minor.
Weekly Economic & Financial Commentary
U.S. Review From Bad to Worse: A Contraction in Q1 GDP Growth? · The trade balance data this week, for March, showed that the trade deficit was $40.4 billion,
Fed Fisher: Taper Won’t Restrict Liquidity
Dallas Federal Reserve Bank President Richard Fisher said Friday the central bank’s continued tapering of large scale asset purchases will not restrict the liquidity needed for economic growth.
Daily FX Update
A general sense of risk off, profit taking into the weekend and expectations of June ECB policy action has driven the USD higher, equities lower and the US 10yr yield back down to 2.6%.
EUR Mid-day Analysis
The Euro earlier this week was not only priced for internal perfection it was also priced for distinct slowingin the US. With some economic cracks in the Euro zone recovery surfacing from Germany and
CHF Mid-day Analysis
Like the Euro, the Swiss was recently priced for perfection and it would appear as if the currency isheaded back to the bottom of the uptrend channel down at 1.1280.
JPY Mid-day Analysis
A decline in Japanese March leading indicators of 2.2% overnight was offset by a sharp jump in NipponSteel profits. Like the overnight flow of Japanese news,
USD Mid-day Analysis
More short covering in the Dollar overnight puts the Greenback above the mid-point of the last twoweek’s range. Clearly a large portion of the buying in the Dollar is technical short covering after the aggressive
CAD Mid-day Analysis
The Canadian this week has literally been on fire with little or no fanfare from the press.With the Canadian jobs figure expected to show a gain of 12,000 jobs,