Forex Analysis
The Global Macro Pulse
G10 currencies traded in tight ranges in Asia. AUDUSD is a touch lower at0.9424, EURUSD rose to 1.3596, having traded briefly over 1.36, and
FI Eye-Opener: US and Euro-zone PMIs move in opposite directions
German bond yields fell and the curve bull-flattened yesterday, as Euro-zone PMIs disappointed. Longer US yields, however, ended the day higher, as US data looked much better.
FX Daily
The German IFO business survey will give more information about whether thenegative impact from the global slowdown in Q1 is about to fade.
AUD/USD Analysis
Aussie started this morning at $0.9422, in the middle of the $0.9409 to $0.9445 range seen during the US session overnight.
EUR/USD Analysis
The pair started in Asia this morning at $1.3605, just at the high traded during the US hours last night.
GBP/USD Analysis
The pair closed in NY Monday at $1.7026 after rate had been pressed back from earlier session highs of $1.7051 to $1.7002.
USD/JPY Analysis
JPY started at Y101.93 vs the dollar and at Y138.67 against the euro this morning and has generally been a touch firmer, while Japanese stocks hold a slightly offered tone.
EUR Mid-day Analysis
With both German and Euro composite PMI results below expectations and the ECB suggesting that ratescan be expected to remain low until 2016,
CHF Mid-day Analysis
The Swiss looks to remain off balance because of slack Euro zone data and negative chart action.
JPY Mid-day Analysis
There would seem to be just enough flight to quality issues to provide the Yen with a bullish tilt.
USD Mid-day Analysis
Surprisingly the Dollar hasn’t been able to benefit from slack Euro zone and German PMI results.Nonetheless, the data from Euro zone should underpin the Dollar,
CAD Mid-day Analysis
Canadian inflation fears have served to boost the Canadian dollar again, with theCanadian government seemingly