Forex Analysis

GBP Mid-day Analysis

Surprisingly the Pound has been unable to hold the initial gains seen early this morning in the wake of positive UK August retail sales results.

Regional bond rally continues While the koruna hit a three-week high against the euro and

The USD gave back some of its recent gains against the majors today.AUDUSD rose to 0.9359,

Spanish and German inflation data for August are released ahead of the euro figureon Friday.

German 10-year Bund yield just keeps falling. Yesterday the Bund yield made once more new all-time lows,

A decent rebound for the pair seen today following the release of unexpectedly strong Q2 new capex data out earlier.

The pair closed in NY Wednesday at $1.6575 after rate failed to build on its show above $1.6600.

The pair started in Asia this morning at $1.3193 after a $1.3168 to $1.3210 range during the US hours last night.

The pair started the day at Y103.88 just off last night’s US low of Y103.78 while euro-yen started at Y137.05.

FX market players maintained a bearish bent towards the euro,

The Euro forged a definitive fresh new low for the move overnight but it has managed to

With the Ukraine/Russian situation calming from the hard boil at the end of last week,