Forex Analysis
EUR Mid-day Analysis
Not surprisingly the Euro enters the pre-ECB rate decision window under pressure. With a series ofminimally slack Euro zone manufacturing PMI data points released overnight, the bear camp would seem to retainan edge.
CHF Mid-day Analysis
While the June Swiss is showing signs of respecting recent consolidation low support, slack Euro zonedata and anticipation of ECB easing this Thursday looks to
JPY Mid-day Analysis
With strength in the Dollar and disappointing Japanese domestic auto sales figures for May releasedovernight, the bear camp starts the new trading week in the Yen with a distinct edge.
USD Mid-day Analysis
The Dollar has recovered overnight and has accomplished that action in the face of rising hopes of anECB easing move later this week.
CAD Mid-day Analysis
Economic news from Canada has been undermining of the Canadian Dollar of late buthopes for improved trade activity with
GBP Mid-day Analysis
The Pound is showing the capacity to respect its recent lows and is managing that action despite astronger US Dollar and that might suggest an end to the recent corrective bias in the Pound.
ECB preview: Even a package deal not enough to sustain a bond rally
There can be little doubt the ECB will provide a whole package of easing measures in its meeting on Thursday, including rate cuts, liquidity measures and a conditional LTRO.
Commerzbank: EUR/USD View
EUR/USD last week charted a low of 1.3586 that was accompanied by a TD perfected set up. These are warning signals that the market is likely to consolidate.
Here is how much the ECB can move EUR/USD
There are many moving parts to the upcoming ECB decision. Here we look at the impact on FX across three different dimensions: the price, quantity and quality of money.
The Global Macro Pulse
Although EURUSD is flat at 1.3627, weak building approvals data helped push AUDUSD down to 0.9265 and USDJPY pushed up to 102.03.
FX Daily
Although the market probably has its eyes on Thursday’s ECB meeting and Friday’sUS job report, the first day of the week is loaded with interesting key figure releases.
FI Eye-Opener: Huge week ahead
The week starts with good news from China, as the official PMI rose to 50.8 in May (from 50.4 in April). The report showed a braod-based recovery in manufacturing activity.