Forex Analysis

FX: it’s not that QE

USD strength since summer can be explained by worsening global growth momentum,

While biggest long position of the SG FX Enhanced Risk Premia remains the dollar,

CFTC traders are bullish the USD, holding net shorts in EUR, JPY,AUD, CHF, CAD, MXN, GBP and NZD.

EURCHF on a collision course with EURCHF “floor” EURCHF continues to grind lower, increasing the speculation that it’s only

The Euro avoided a fresh new low for the move overnight but the down trend is hardly complete.

Near term downside targeting in the Swiss is seen down at least 100 points below the current market.

The Yen extended the October downdraft overnight and in the process that puts the Yen down to

The Dollar has once again ranged up and is approaching the early October highs.

The outlook for the US Dollar is simply too strong for the Canadian to

The Pound continues to see anemic economic results that in turn facilitate the downward march on the charts.

The market’s review of changes in GPIF’s asset allocation helped push USDJPY up to 109.38.

We now expect euro-area HICP to remain unchanged at this cycle low of 0.3% inOctober.