Forex Analysis
CAD: the slow motion sell-off
Today’s Canadian housing price data will likely disappoint CAD bears once again.
FX Daily
German trade data for August are due for release this morning and focus will be onwhether the solid increase of 4.8% m/m in exports in July marked the bottom.
FI EYE-OPENER: The Fed joins the dovish ranks
Yesterday’s FOMC minutes leave us with an overall feeling of dovishness. Quite a bit of deliberation regarding the phrase considerable time,
AUD/USD Analysis
The pair started this morning at $0.8841 after overnight US dollar losses had boosted the rate up to $0.8852.
GBP/USD Analysis
The pair closed in NY at $1.6165, just off late session highs of $1.6181 after rate had been driven higher on
EUR/USD Analysis
A choppy morning for the euro after it opened at $1.2734 today and following its $1.2641 to $1.2749 US trading range overnight.
USD/JPY Analysis
The pair opened at Y108.09 and found an early lift to Y108.25 high as the US currency showed some signs of
EUR Mid-day Analysis
Surprisingly the Euro is holding within close-proximity to its recent highs despite fresh slowing concerns from
USD Mid-day Analysis
The Dollar seems to have regained its footing overnight in the wake of more slack economic views toward the German economy.