Forex Analysis
GBP/USD Analysis
The pair closed in NY Monday at $1.6984 after rate failed to build on its brief show above $1.7000, the rate marking recovery highs yesterday of $1.7001,
EUR/USD Analysis
The pair started in Asia at $1.3435 after a subdued $1.3430 to $1.3440 range during the US hours overnight.
AUD/USD Analysis
Aussie looked set for a quiet session with the morning trading in a $0.9400/15 range until midday,
USD/JPY Analysis
A relatively dull session for the Japanese yen this morning as dollar-yen opened at Y101.86, just off the overnight US high of Y101.88.
EUR Mid-day Analysis
The Euro has managed to find its footing and avoid further chart damage, but it is showing little inclinationfor regaining any large portion of recent losses this morning.
JPY Mid-day Analysis
While the Yen is finding little benefit from flight-to-safety flows this week, it is managing to consolidate within last Friday’s already tight trading range.
USD Mid-day Analysis
The Dollar is finding mild pressure at the start of the week, but remains in striking distance of new highground after last week’s robust performance.
CAD Mid-day Analysis
The Canadian has found its footing after last Friday’s downside breakout, but is having trouble extending this morning’s modest gains.
GBP Mid-day Analysis
The Pound appears to have found near-term support just above the 1.6950 level but in spite of comparatively good UK economic data,
Central European Daily
Rising geopolitical tension have left CEE currencies intact The CEE currencies ended the last week relatively unchanged,
EUR/USD Analysis
This week the focal point for the EUR is the July flash eurozone CPI print on Thursday, notes BNP Paribas.