Forex Analysis

FI Eye-Opener: Chinese growth slowing but not tumbling

German bond yields ended the day slightly lower yesterday, but above their intra-day lows.

The pair closed in NY Monday at $0.8782 after having traded a $0.8744 to $0.8801 range to start the new week.

The pair closed in NY Monday at $1.6163 as rate drifted back from intraday highs of $1.6179, seen in the US afternoon, post London fix.

The pair started this morning’s session at $1.2800, after marking a $1.2755 to $1.2817 range last night in the US.

The pair traded a Y106.78 to Y107.01 range during the NY session last night before closing just below the high at Y106.95.

The Euro showed some initial weakness on the charts early this morning but the currency seems to have found

With a slight technical failure on the charts overnight, a slight tempering of safe haven sentiment and

The Yen has violated a series of chart support levels over the prior 3 trading sessions and

The Dollar spiked up overnight off what might be seen as a relief rally in the wake of a lack of fresh US Ebola infections over the weekend.

Like the Pound, the Canadian is garnering some lift from the hope of a return to more positive global economic conditions.

With conditions drifting back toward normal in the global economy, some what favorable Ebola news flow and

The CE currencies gained as sentiment improved Polish industrial production surprised positively