Forex Analysis

EUR Mid-day Analysis

The UK Prime Minister over the weekend warned of a return to recession in the Euro zone

A failed recovery attempt to start the trading week in the Swiss probably creates an opportunity to

The trade could have hammered the Yen in the wake of disappointing Japanese GDP readings which in

While the Dollar has forged some wild two-sided action over the last two trading sessions,

Favorable Canadian factory sales and an up-tick in factory orders provide the Canadian Dollar

Fear of increased tensions off promises of aggressive action against domestic terrorism,

We do not expect a ‘Yes’ in the referendum on gold, but such an outcome would bring the SNB action forward:

Japan’s 3Q GDP growth was -0.4% QoQ, the negative outcome again,

USDJPY was the big mover in Asia trading, falling to 115.78 post the GDP report from a day high above 117.

In the US industrial production is due for release and we expect an increase of 0.2%m/m in October.

Bonds rallied on both sides of the Atlantic on Friday despite positive economic data surprises.

The pair was pressured to $1.5616 after the release of solid US Retail Sales data on Friday and