Forex Analysis
We continue to focus on opportunities in long CADJPY or short EURCAD – Credit Suisse
Viewing the world from the perspective of a Fed-dominated financial market has been a struggle for most of the second quarter.
Central European Daily
CE currencies slightly stronger after solid US figures Czech retail sales surprisingly weaker What does the combination of positive payrolls and
We Hold EUR/USD Shorts
Morgan Stanley reiterates its bearish EUR view and expresses that via holding 2 short EUR/USD positions as a short-term and medium-term recommendations.
The Global Macro Pulse
The dollar has drifted against the major currencies with AUDUSD up a touch to 0.9360,
FI Eye-Opener: Absent inflation pressures still supportive of bonds
Bonds initially took a beating yesterday after strong gains in US payrolls (see more below), but the moves moderated later.
FX Daily
A bit of an anti-climax today after yesterday’s flood of important news. The USmarkets are closed for Independence Day celebrations and outside Scandinavia wehave a very light calendar.
AUD/USD Analysis
Aussie started this morning at $0.9347 after yesterday’s losses extended to a low of $0.9327 seen during the US hours.
EUR/USD Analysis
The pair started in Asia at $1.3610 after a $1.3596 to $1.3653 range marked during the US session last night.
USD/JPY Analysis
The pair opened at Y102.19 in the Asia-Pacific this morning following last night’s gains to Y102.27 during the US hours following the release of better-than-expected US non-farm payrolls data.
GBP/USD Analysis
The pair closed in NY Thursday at $1.7155 after rate was able to recover off US NFP react lows of $1.7092,
Markets After ECB & NFP
The overnight market sentiment was positive; US equity indices reached their all-time highs as NFP number turned out to be much better
Financial Markets Wrap – June: Janet Says Jump, Markets Say How High
– The European Central Bank unleashes a policy blitz in effort to stave off the spectre of deflation.