Forex Analysis

Scandi markets ahead: Riksbank meeting and government bond auctions in focus

The Riksbank made a significant move in July, partly as actual inflation hadundershot the target heavily for too long and

Following on from fresh 2014 and 11 month lows in NY Friday, euro-dollar started this morning at $1.3138 and

Leveraged funds continue to buy into the stronger USD theme, increasing their net long USD positioning for

Traders positioned for month-end dollar supply on Friday as cable lifted to session highs of $1.6613 ahead of the 4pm London fix.

The pair witnessed a subdued session this morning in Asia, in part due to the closure of US markets for the Labor Day holiday.

The shock in New Zealand’s June quarter merchandise terms of trade was that they rose 0.3%,

Blockbuster week in Australia with loads of key economic data, an RBA rate decision tomorrow, and a speech from the RBA Governor on Wednesday.

NZD/USD Outlook: Down this week Negative momentum in NZD/USD remains intact.

The early part of last week was dominated by news fromoffshore. At a major central bank conference,

This week’s RBA monetary policy announcement is unlikely to surprise.

The relative macro, positioning indicators suggest EURUSD “oversold”,

U.S. Review Data Details Show Economy Continues to Firm • Second quarter GDP was revised higher to a 4.2 percent annualized rate,