Forex Analysis

JPY Mid-day Analysis

Consolidation above the 96.00 level has emboldened the bull camp in the Yen.

USD Mid-day Analysis

Despite a fresh new high for the move overnight, the Dollar has fallen back and appears to be vulnerable to

CAD Mid-day Analysis

The Canadian is also winning by default, it is benefiting from the corrective dip in the Dollar and

GBP Mid-day Analysis

Relatively speaking the Pound and the UK economy have probably been viewed in an overly negative light with the last two month’s decline.

France: Good news, but …

A more coherent government is a condition for progress, not a guarantee

Central European Daily

The NBH confirms its happiness with the current set-up The National Bank of Hungary left base rate unchanged at 2.1% in line with market expectations.

FI Eye-opener: (Too) Great Expectations

Long yields stayed at rock bottom levels yesterday with German Bund yield pretty stable at 0.94%.

FX Daily

In terms of data releases we have a very light global calendar. In Germany the GfKconsumer confidence for September is released.

AUD/USD Analysis

The pair started this morning at $0.9306, after marking a $0.9301 to $0.9331 range during the US hours last night.

ECB easing – will it work? No. 3: Carry trades and ‘hot potato’ effect

There are no penalties attached to the TLTRO borrowing that prevent banks from using the funding for

EUR/USD Analysis

The pair started this morning at $1.3167 and edged up to mark an early high of $1.3171 but

GBP/USD Analysis

The pair closed in NY Tuesday at $1.6541, just off session lows of $1.6540, the low seen as the dollar recovered through the NY session.