Forex Analysis
Weekly CFTC Trader Positioning Data
The USD position increased as traders added to already long positions, driving the net long to $43bn.
Weekly Market Outlook
Heavy sell-off in peripheral bonds The risk sentiment in EUR remains limited as Greek 10-years climb to 9% for the first time since October 2013.
EUR Mid-day Analysis
With the ECB giving off hints of fresh stimulus action overnight one might expect this week’s highs in the Euro to become more significant resistance.
CHF Mid-day Analysis
Suggestions that Germany doesn’t need additional stimulus probably disappoints some players in
JPY Mid-day Analysis
With a tempering of global anxiety the safe haven repatriation flow toward the Yen has been reversed.
USD Mid-day Analysis
The Dollar enters the Friday morning trade sitting right on a potentially critical pivot point of 85.00.
CAD Mid-day Analysis
Like the Pound, the Canadian is benefiting from a revival of global risk on sentiment.
GBP Mid-day Analysis
The Pound is fortunate to be in favor this morning as the BOE overnight floated some dovish commentary.
The Global Macro Pulse
G10 FX is little changed. EURUSD is sideways at 1.280 and USDJPY is essentially flat at 106.38.
FI Eye-Opener: Bloodbath continues, Yellen to the rescue
German bonds performed again early yesterday, and the 10-year yield hit a new low at just below 0.72%.
AUD/USD Analysis
The pair closed in NY at $0.8756 after another volatile session that saw it trade a $0.8686 to