Forex Analysis
EUR/USD Analysis
The pair started this morning’s session at $1.2698 after a $1.2675 to $1.2723 range during the US hours last night.
US: Fed to end QE – FOMC preview
Despite the recent market turmoil, we expect the Fed to end its QE programme at this week’s FOMC meeting,
USD/JPY Analysis
The pair weakened marginally in the early hours of the session today after it had opened at Y107 vs the dollar and
Markets Outlook – RIP: Relationships of Inflation Past
The focus this week will be Thursday’s RBNZ OCR announcement, especially following last week’s low CPI print.
EUR Mid-day Analysis
German October Ifo readings this morning were discouraging for the Euro bulls but yet the Euro has managed to
CHF Mid-day Analysis
We think the Swiss has found some value on the charts at last week’s lows of 1.0464.
JPY Mid-day Analysis
The Yen has built a measure of consolidation support on the charts just above the 92.33 level.
USD Mid-day Analysis
A pattern of lower highs is starting to surface on the Dollar charts and that is a little surprising in thewake of slack German Ifo readings overnight,
CAD Mid-day Analysis
It would appear that the Canadian has lost its upward track over the last 3 sessions as prices haven’t displayed a definitive trend.
GBP Mid-day Analysis
The Pound is probably drafting some lift from the passing of the European Bank stress tests and
The Global Macro Pulse
The USD has softened. EURUSD has risen to 1.2706 following the announcement of the ECB’s bank stress tests yesterday.