Forex Analysis
GBP Mid-day Analysis
The Sept Pound has already been through a roller-coaster ride this morning as a post-BOE meetingminutes rally was quickly rejected with a move down into negative territory.
Morgan Stanley Bullish USD
Morgan Stanley thinks that the balance of risks is skewed toward a less dovish FOMC today.
Credit Suisse: FX Analysis
USD: Bullish. As the Fed continues to taper, we expect many EM currencies to gradually come under pressure,
Central European Daily
Polish minor coalition party says Poland should consider early elections The Central European currencies remained broadly stable against the euro yesterday vis-à-vis the day before.
A history of reactions to the FOMC
If this wasn’t an FOMC meeting that had a press conference and fresh economic projections, there would be no point in hitting the World Cup pause button.
The Global Macro Pulse
The USD strengthened further in Asia trading but largely against EM Asia currencies. USDJPY inched higher to 102.21 but
FX Daily
The Fed will take centre stage today with its statement, new projections and pressconference by Fed chairman Janet Yellen.
FI Eye-Opener: Connecting the dots
Bonds took a beating and curves bear steepened yesterday on the back of an upside surprise in US inflation (see more below).
AUD/USD Analysis
Aussie also witnessed a dull session in the Asia-Pacific today, opening at $0.9337 after a $0.9329 to $0.9366 range overnight.
EUR/USD Analysis
A very dull session for the euro this morning in Asia. The pair opened at $1.3547 after a $1.3536 to $1.3571 US session range.
GBP/USD Analysis
The pair closed in NY Tuesday at $1.6960, euro-sterling at stg0.7985. The rate slipped to $1.6938 on release of UK CPI data which saw an unexpected drop in the headline number to four year lows of 1.5%.
USD/JPY Analysis
The pair opened at Y102.07 this morning and staged a rally in early dealings, getting up to Y102.20.