Forex Analysis
The Global Macro Pulse
The USD was broadly stable against major crosses. EUR was unchanged at 1.376 and AUD held in at 0.936. USDJPY rose slightly to 102.05 following a weaker-than-expected Japanese current account release but
FX Daily
Today we have a very light calendar in terms of data releases but there are someinteresting central bank speeches. ECB’s Constancio,
FI Eye-Opener: Semi-core meltdown?
Bond yields edged higher on Friday on both sides of the Atlantic, with the ultra-long end of the curve seeing the biggest pressure in the aftermath of a weak 30-year auction in the US last Thursday.
AUD/USD Analysis
The pair opened this morning at $0.9358 following last Friday’s $0.9347 to $0.9379 range during the US hours. Aussie-dollar edged up initially to push through $0.9360 and
GBP/USD Analysis
The pair closed in NY Friday at $1.6851 after rate had been pressed lower during the day (from a high of $1.6939) to $1.6832 on a mix of profit lock in sales and euro-dollar slippage,
Scandi markets ahead: Swedish CPI and new NGB auction in 10-year segment
The Riksbank has put a lot of focus on inflation. Swedish core inflation is running at0.0%, which is well below the Riksbank’s forecast and way below the 2.0% inflationtarget.
EUR/USD Analysis
The pair opened this morning at $1.3755, just above the $1.3745 low traded in the US on Friday. The euro had marked a sharp drop from $1.3845 earlier that day but losses were generally contained this morning.
Australian Markets Weekly – Change to cash rate view – on hold for a long time
We have changed our changed our RBA cash rate forecast and no longer see them cutting again late in 2014. Reasons are 1) the economy has been better than we expected and
USD/JPY Analysis
JPY opened at Y101.88 this morning while euro-yen started at Y139.99. Early dealings saw yen pairs confined to narrow ranges as dollar-yen marked a Y101.79/90 range while the cross traversed a Y140.07 to Y140.18 range.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week Expected RBNZ behaviour plus the recent rebound in US sentiment should weigh on NZD/USD this week.
Markets Outlook – Surplus to Requirements
Thursday’s election-year Budget will be the centrepiece of New Zealand’s market week. Sure, the NZ government has signalled restraint.
FX: not there yet
Draghi did it. A strong correction in the EURUSD is not a change in trend, but the trend support is near…