Forex Analysis
The Global Macro Pulse
USDJPY nudged up to 102.59, but the AUDUSD and EURUSD are flat at 0.9297 and 1.3361,
FX Daily
Market focus will be on the development in Ukraine with particular attention tohow Russia’s unilateral humanitarian aid convoy to Ukraine is handled, see FinancialTimes.
FI Eye Opener: Who needs rate hikes anyway
Bond yields fell both in Europe and the US as economic indicators failed to rise to the occasion.
AUD/USD Analysis
Aussie closed in NY Wednesday at $0.9303 after having traded a $0.9263-0.9320 range.
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6691 as rate held just off session lows of $1.6685 after the pound was sold off across the board following the dovish BOE QIR released late in the European morning.
EUR/USD Analysis
The pair traded a $1.3355 to $1.3416 range during the US hours last night and then opens at $1.3364 this morning.
USD/JPY Analysis
The pair finally managed a close above the 200-day moving average (Y102.36) last night, with the pair also spiking above the previous Y102.46 resistance level.
EUR Mid-day Analysis
The Euro sits poised just above a downside breakout point on the charts this morning as evidence of slowing inside the Euro zone,
CHF Mid-day Analysis
Like the Euro, the Swiss sits just above a fresh downside breakout on its charts.
JPY Mid-day Analysis
While the Yen could have derived some support from safe haven interest in the wake of disappointing global economic news flow overnight,
USD Mid-day Analysis
Talk of disappointing growth in China, a lower UK inflation outlook, slack growth in Europe,