Forex Analysis
USD Mid-day Analysis
While the Dollar was knocked back from its recent highs in the wake of discouraging monthly payroll results
CAD Mid-day Analysis
The Canadian really benefited from a middle of the road US non-farm payroll result last week
GBP Mid-day Analysis
The December Pound might be set to claw out a modest short covering bounce back toward down trend channel resistance of 1.5979.
The Global Macro Pulse
The USD weakened slightly. USDJPY dipped to 114.09, EURUSD edged higher to 1.2486 and
FX Daily
The main release will be the Fed’s Labour Market Conditions Index that it beganpublishing last month.
FI Eye-Opener: Wage growth still what matters
US Treasuries rallied in earnest on Friday, as more solid job growth was not enough to hurt bonds in the absence of wage pressures.
GBP/USD Analysis
The pair closed in NY Friday at $1.5869 after rate had recovered off an initial NFP react low of $1.5791 to $1.5887,
AUD/USD Analysis
The pair started this morning at $0.8658 right at the top of Friday’s $0.8567 to $0.8658 range seen during the US hours.
NZD: Picked To Underperform Through USD Upswing
In light of the recent month’s price action, we reaffirm, indeed redouble,
Downside risk to slowest wage growth in decades
We look at the current 6.2% unemployment rate relative to its “normal” level or NAIRU.
EUR/USD Analysis
The pair started this morning at $1.2480, above Friday’s US session high of $1.2470 seen after the payrolls data release.