Forex Analysis
GBP/USD Analysis
The pair closed in NY Wednesday at $1.7137 after rate had seen lows of $1.7113 on reaction to the earnings component of the UK jobs report,
USD/JPY Analysis
The pair started the morning at Y101.67 and early trade was largely sideways with the pair sticking to a Y101.65 to Y101.71.
EUR Mid-day Analysis
The Euro remains out of favor even though the US Fed tried to maintain the expectation of low ratesremaining in place for the near future.
CHF Mid-day Analysis
Like the Euro, the Swiss is out of favor from a macro-economic differential and interest rate differentialstanding and
JPY Mid-day Analysis
The Yen remains pinned down near the recent lows and it seemingly remains in a downward bias on itscharts.
USD Mid-day Analysis
The Dollar is in vogue in the wake of weakness in other actively traded currencies.
CAD Mid-day Analysis
The corrective action in the Canadian continues mostly because of residual influencesfrom the US Fed testimony.
GBP Mid-day Analysis
The bull camp has to come away from the last 24 hours discouraged as UK data has remained strongenough to
FX Daily
Focus on central bank speeches with ECB’s Coeure and Fed’s Fisher but mostimportant will be Fed chair Yellen’s testimony.
FI Eye-Opener: Finally some inflation somewhere
After some falls earlier in the day and volatility around Dr Yellen’s testimony, 10-year yields ended the day close to unchanged on both sides of the Atlantic.
AUD/USD Analysis
China’s Q2 data releases were the main driver for the AUD/USD this morning, with aussie-dollar trading slightly lower at $0.9340 compared with the US close of $0.9370 in the aftermath.
GBP/USD Analysis
The pair closed in NY Tuesday at $1.7144 after rate had been pushed to extended 68-mth highs of $1.7192 following the release of stronger than forecast UK inflation data.