Forex Analysis
USD/JPY Analysis
It’s been a dull day for yen pairs this morning, especially ahead of tomorrow’s BOJ meeting and policy decision.
GBP/USD Analysis
The pair closed in NY Friday at $1.7115 after rate had pulled back from intraday highs of $1.7150 to $1.7099 before recovering post London fix,
FX: cautiously realistic
The USD hovering at a major 1.5y support – break here should bring major new lows; European bad IP data, out this week, already “in the price”. Good luck fighting Draghi.
Weekly CFTC Trader Positioning Data
• The FX environment is not one of a broad USD trend but instead of domestic stories that are driving currencies.
Weekly Economic & Financial Commentary
U.S. Review More Evidence of a Tightening Labor Market • While small business confidence dipped in June,
FX Quant Fund Positioning Data
The following are the latest weekly positions updates on Societe Generale’s FX Quant Fund which runs systematic currency strategies by SocGen’s quant analysts.
Speculators Trim Net Euro Short, Add To Yen Short
Speculative accounts trimmed their net euro short position and added to their net yen short position as of July 8,
Weekly Report
Is current US monetary policy “too easy”? A recent study by Wu & Xia gains traction in discussions on Fed and
July: Dovish Scandinavian central banks hit SEK and NOK
Following the surprisingly dovish action from the two Scandinavian central banks and the recent rally in both EUR/SEK and EUR/NOK, we have revised our targets for Scandi crosses.
EUR Mid-day Analysis
While the troubles of BES have been contained overnight the September Euro sits right on top of criticalsupport on the charts at 1.3600.
CHF Mid-day Analysis
The Swiss was able to benefit from this week’s flare up of risk-off sentiment but it would appear that the
JPY Mid-day Analysis
With flight to quality sentiment tamped down relative to earlier this week, the upward track in the Yen hasbeen restrained.