Forex Analysis

USD Mid-day Analysis

The Dollar is like the energizer bunny as it continues to bounce back toward its highs even in

While we think consolidation support just under 91.00 is capable of underpinning the Canadian,

While the trend in the Pound seems to have shifted to the upside off the early September lows,

The Hungarian forint continues to rally The Hungarian continued to strengthen yesterday in

As early results trickled in that the Scottish referendum favored a No vote, most Asian equity markets rallied.

Main focus will be the digestion of the Scottish referendum. The ‘No’ vote means wewill see some relief in the markets.

German bond yields ended the day higher yesterday despite low demand in the first TLTRO (see more below),

The pair closed in NY at $0.8987 last night, towards the upper end of the day’s $0.8927-97 range before

The pair was under selling pressure soon after it opened at $1.2923 this morning,

The JPY slumped to another 6-year low vs the dollar this morning, with dollar-yen trading through Y109.00 for

The pair closed in NY Thursday at $1.6399, just off intraday highs of $1.6409,

Evidence of stimulus action from the ECB leaves the Euro in a downward trajectory especially in the