Forex Analysis
EUR Mid-day Analysis
A lower low for the move leaves the recent down trend pattern in place, especially with disappointing German Industrial output results floated overnight.
CHF Mid-day Analysis
The stronger than expected US Non-farm payroll results continue to weigh on the Swiss,
JPY Mid-day Analysis
The Yen is gaining some lift off a lack of non-Dollar alternatives and also because of some up-beat BOJeconomic views released overnight.
USD Mid-day Analysis
The Dollar has garnered some lift from disappointing German Industrial output results overnight but that setback might be the result of a smaller reporting period.
CAD Mid-day Analysis
The Canadian seems to have run into a solid level of resistance around the 94.00 level,
GBP Mid-day Analysis
A quasi technical reversal in the Pound overnight leaves the bear camp with a technical edge.
We Stay Short EUR/GBP & EUR/USD
The ECB held rates steady in July, but the impact of the June easing action is likely to lag, says BNP Paribas.
Central European Daily
Hungarian and Czech industrial output dropped in May The Hungarian forint under pressure Regional industrial production clearly matches worse performance of
JPY Analysis
In a quiet week for US economic data releases, the main US event risk will likely be the release of the latest FOMC minutes from
JPY: quasi-public money at play
Many are expecting stocks to rise and the yen to depreciate when the GPIF revises its basic investment allocation ratios in September or later.
The Global Macro Pulse
The USD started the week on a stronger footing as the US 10y yield opened 1.6bps higher to 2.656%.