Forex Analysis
Central European Daily
Despite a weaker forint another NBH’s cut still expected The negative market sentiment (The missile attack on a Malaysian airliner
The Global Macro Pulse
The dollar has given up some of its initial gains against the AUD and EUR and recovered slightly against the JPY in the wake of the MH17 airline tragedy.
FX Daily
Another light data calendar with the US University of Michigan Confidence indicatoras the highlight.
FI Eye-Opener: Increasing tensions to push German yields to new lows
Bonds rallied hard on both sides of the Atlantic on increasing geopolitical tensions, while curves bull-flattened.
AUD/USD Analysis
The early risk-off tone weighed heavily on the pair after it opened at $0.9351 this morning and it gravitated to a $0.9336 low in the first few hours of the session.
EUR/USD Analysis
The pair opened at $1.3526 this morning following last night’s $1.3516 to $1.3535 range during the US session.
GBP/USD Analysis
The pair closed in NY Thursday at $1.7101 after rate had seen lows of $1.7085 during the NY session, as markets reacted to
Russia came back on the market’s radar…
Russia came creeping back on the market’s radar screen Thursday, first due to new sanctions announced Wednesday by the United States and
USD/JPY Analysis
JPY started on a strong note this morning following developments overnight, mainly the Malaysia Airlines crash in Ukraine and
New Forecasts For ECB Easing & EUR/USD Rate
BNP Paribas economics team have adjusted their ECB forecast and now no longer sees a broad asset purchase program as likely.
EUR Mid-day Analysis
The Euro is showing some minor bounce this morning and perhaps some of that rise is the result ofrotation out of the Dollar in the wake of an increase in Russian sanctions and
CHF Mid-day Analysis
The Swiss is seeing only a margin bounce this morning in sympathy with a minimal recovery in the Euro.