Forex Analysis

GBP Mid-day Analysis

After looking through the overnight headline flow we didn’t need to look at a chart of the Pound to knowit was going to be under significant liquidation pressure.

The Global Macro Pulse

USDJPY fell to a low of 101.66 on the day, but has since stabilized at 101.84. EUR has climbed higher, to 1.372. AUDNZD inched lower, to 1.081, as AUD fell slightly,

FX Daily

We forecast a growth rate of 0.4% in the euro area in Q1. If this proves right, it willbe the fourth consecutive quarter of positive growth and the strongest quarterlygrowth rate in three years.

FI Eye-Opener: Another bull run

Bonds continued to rally hard yesterday on both sides of the Atlantic, while curves bull-flattened further. The German 10-year yield plunged by a further 5bp to around 1.37%,

It’s been a fairly lackluster session for the aussie today after it opened at $0.9372. It started with slight move lower as risk sentiment tilted in favor of the US dollar, with aussie-dollar then slipping below $0.9370.

EUR/USD Analysis

The pair started this morning at $1.3715 after a $1.3703 to $1.3723 range in the US last night. It drietd down a few points to a $1.3713 low but then picked up demand from various accounts from

GBP/USD Analysis

The pair closed in NY Wednesday $1.6766 after rate had been sold off from $1.6875 following an initial reaction to the wage component of the UK jobs data,

USD/JPY Analysis

The pair opened at Y101.90 this morning and ran into mild early weakness, which nudged it down to Y101.80 in the opening hours. It was holding just under when Japan’s Q GDP data were released and

EUR Mid-day Analysis

The Euro bulls have to be cheered by the capacity to bounce today in the face of fresh ECB easing hints.In fact, the Euro has managed to track higher despite news that Euro zone March Industrial output declinedrelative to

CHF Mid-day Analysis

The Swiss continues to track in sync with the Euro and it is impressive to see the Swiss higher thismorning in the face of fresh ECB easing talk.

JPY Mid-day Analysis

An apparent downside shift in global macro-economic expectations has rekindled long interest in the Yen.Therefore a slight safe haven tilt appears to have re-surfaced with Fitch affirming Japan’s A+ rating.

USD Mid-day Analysis

Seeing the Dollar tracking slightly lower this morning in the wake of easing hints from the ECB,highlights a currency that is slipping back out of favor.