Forex Analysis
FI Eye-Opener: And here comes more QE
German bonds rallied hard again yesterday, as the Fed’s message was shrugged off and
GBP/USD Analysis
The pair closed in NY Thursday at $1.6005 after rate had recovered off intraday lows of $1.5950 to
AUD/USD Analysis
The pair started this morning at $0.8835 and marked small gains to $0.8854 in very early pre-Asian dealings.
EUR/USD Analysis
The pair started this morning at $1.2613 after last night’s $1.2545 to $1.2632 range during the US hours.
EUR Mid-day Analysis
While the German unemployment results were better than expected those results were mostly
CHF Mid-day Analysis
A range down failure/extension overnight leaves the Swiss poised for a sub-1.04 trade ahead.
JPY Mid-day Analysis
With the US Fed getting policy back to normal, confidence in the Japanese economy slowly settling intoplace and
USD Mid-day Analysis
A range up extension in the Dollar overnight is definitively the result of a more hawkish stance by the US Fed.
CAD Mid-day Analysis
The Canadian is holding together impressively in the face of a fresh wave of confidence in the US Dollar.
GBP Mid-day Analysis
The Pound remains technically off balance and the view toward the UK economy is still some what suspect.
SEK next to be floored?
Following on from the Riksbank earlier this week cutting rates to zero, we saw the Economic Tendency survey yesterday rising to 104.3 from a revised 101.5 (101.1).