Forex Analysis
JPY Mid-day Analysis
Now that the Yen has partially corrected the technically oversold condition from the late July washout and
USD Mid-day Analysis
The Dollar has found its footing again after the US Non-farm payroll results knocked the Greenback off balance at the end of last week.
CAD Mid-day Analysis
Like the Pound, the Canadian is under pressure because of less than optimistic global economic prospects.
GBP Mid-day Analysis
Diminished hope of a quick rise in interest rates continues to pressure the Pound.
ECB preview: Draghi unlikely to rock the boat
No new measures or monetary policy signals should be expected from the ECB at the August meeting as the threshold for further near-term easing is very high.
Pound’s pay problem may not go away
Nothing is more important for the Bank of England right now than wages. The unemployment rate has reached the top end of
The Global Macro Pulse
AUDUSD moved up to 0.9324, in line with Friday’s highs, but EURUSD and USDJPY are basically flat at 1.3426 and
FX Daily
Following plenty of releases last week, we are heading for a quieter week on theglobal agenda.
FI Eye-Opener: Another bank rescue, another hit to central bank credibility
Core bonds rallied on Friday, as there were no real signs of wage pressures in the US (see more below), while curves mostly bull-flattened.
GBP/USD Analysis
The pair closed in NY Friday at $1.6821 after rate had seen extended lows of $1.6812 following the release of weaker than forecast UK mfg PMI data,
EUR/USD Analysis
The pair closed in NY Friday at $1.3427, off recovery highs of $1.3445 seen after the release of US NFP and earnings data,
USD/JPY Analysis
The pair started the week at Y102.53 in Asia having traded a NY range of Y102.34-Y103.03,