Forex Analysis
ECB: Draghi’s sausage full of derivatives
As expected, the ECB did not offer new easing measures or monetary policy signals at its meeting today.
EUR Mid-day Analysis
The Euro remains under a liquidation threat from further knock on slowing from Russian sanctions but
CHF Mid-day Analysis
The Swiss respected the pattern of lower highs overnight. With Russia playing up a food import ban it
JPY Mid-day Analysis
With a pattern of higher lows, the bias in the Yen remains up. Increased tensions with China over some
USD Mid-day Analysis
The Dollar remains in vogue and retains an economic and interest rate differential edge.
CAD Mid-day Analysis
With the Canadian recovering from a short term oversold technical condition at yesterday’s lows,
GBP Mid-day Analysis
Like most currencies, the near term path of least resistance remains down in the Pound.
The Global Macro Pulse
AUD underperformed in Asia trading, down 0.6% to 0.928 on the back of a weak employment report.
FX Daily
The main event is the ECB Governing Council meeting where we expect the ECB toremain on hold.
FI Eye-Opener: In recession again
German bonds rallied in earnest yesterday, and the curve bull-flattened, as weak economic data and more geopolitical tensions boosted bonds.
AUD/USD Analysis
A rather torrid day for the Aussie this morning after it started at $0.9354 today. Early dealings were muted with aussie-dollar mostly trapped between