Forex Analysis
USD Mid-day Analysis
The Dollar has a definitive pattern of lower highs this week. The most important take away from theaction this week
CAD Mid-day Analysis
With risk-off fears on the decline again, the Canadian has regained its footing again.
GBP Mid-day Analysis
With a tempering of global economic anxiety, the Pound has found support on its charts.
We Stay Long USD/JPY
USD/JPY will likely break out of its recent range to the upside, projects BNP Paribas.
The Global Macro Pulse
USD stabilized against majors. EUR traded just above 1.36, while USDJPY again found support around 101.30.
FX Daily
With a very light calendar focus will be on the fate of Banco Espirito Santo(BES) in Portugal.
FI Eye-Opener: Portuguese jitters not the start of another crisis
Core bonds initially rallied in earnest yesterday and curves bull-flattened, supported by weaker risk appetite and flight-to-safety flows as well as disappointing Euro-zone economic data.
AUD/USD Analysis
Aussie opened at $0.9395, near the top of the early $0.9378 to $0.9396 high si far this morning.
EUR/USD Analysis
Another dull session for the euro this morning as it opened at $1.3609 after last night’s $1.3589 to $1.3618 US range.
GBP/USD Analysis
The pair closed in NY Thursday at $1.7134 after rate had initially corrected off Asian highs of $1.7168 to $1.7105,
USD/JPY Analysis
JPY opened at Y101.34 this morning, off last night’s US high of Y101.37 while euro-yen started at Y138.
USD Analysis
The USD ends this week lacking a strong catalyst to rise from the minutes of the July FOMC meeting, and accordingly,