Forex Analysis
Weekly Report
The BoJ remains confident with its inflation outlook As expected the Bank of Japan (BoJ) left unchanged its monetary policy on 21 May.
EUR Mid-day Analysis
Not surprisingly the gains in the Dollar have translated into a much weaker Euro. Apparently seeing adecline in the May German Ifo readings overnight and
CHF Mid-day Analysis
With the bottom falling out of the Euro overnight and US macro-economic views seemingly improvingwith each passing day, the path of least resistance in the Swiss should be pointing down and
JPY Mid-day Analysis
A lower low in the Yen overnight seems to be the result of improved economic sentiment flowing from Chinaand the US.
USD Mid-day Analysis
With a fresh higher high overnight it is clear that the Dollar is feeding higher off a series of slightlypositive economic readings.
CAD Mid-day Analysis
With economic views toward the US improving slightly and Canadian economic views stillbeing tripped up by soft March retail sales results, the Canadian looks to
GBP Mid-day Analysis
We are a little surprised in the lack of strength in the Pound this morning, in the wake of mostly upbeateconomic sentiment flow and hopes that Russia might pull back some troops and
Deutsche Bank: EUR/USD View
Deutsche Bank is not convinced that ECB action in June will be enough to cause a big sell-off in the euro.
Nomura: The Great Moderation Of 2014: What’s Now For Volatility?
The macro environment over the past three to four months has been characterised by a decline in realised and implied volatility to very low levels across a range of products (from FX to equity volatility).
Central European Daily
The NBH financial stability report supports rate cut bets The National Bank of Hungary released its new stability report on Thursday.
The Global Macro Pulse
The dollar is similarly mixed. EURUSD has drifted down to 1.3646 and USDJPY is up to 101.77, but AUDUSD has recovered early losses to trade at 0.9243.
FX Daily
German IFO and US new home sales will be the main data to watch. We look for a small rise in the German IFO, pointing to continued robust growth inGermany.