Forex Analysis

Central European Daily

The forint still remains sensitive to external risks The EUR/HUF remains still sensitive to external events and

AUDUSD opened weak and has sold off to 0.9066 and USDJPY has risen to 107.35,

In the US the main event is the release of retail sales for August. After somemoderation in retail sales in the previous month

After some intraday volatility, German yields ended yesterday slightly lower.

The pair closed in NY Thursday at $0.9099 after having traded a $0.9089-0.9218 range on the day.

The pair closed in NY Thursday at $1.6255 after rate had built on its recovery off Wednesday lows of $1.6052,

The pair started in Asia at $1.2925 today after a $1.2915 to $1.2952 range in the US overnight.

The JPY ran into fresh weakness this morning in the Asia-Pacific,

USD/JPY – BULLISH BIAS – (104.80-108.00).

The Euro has seemingly found some consolidation support on the charts just above 1.29 and

At least to start, the Swiss has managed to respect consolidation support but

Apparently the Yen is not seeing rising concern of global slowing ahead as the liquidation wave continues.