Forex Analysis
EUR Mid-day Analysis
With the EU suggesting they remain far away from fresh Russian sanctions they have basically invitedPutin to behave badly again.
CHF Mid-day Analysis
Despite some significant two sided volatility in the Swiss this week, the bullish technical bias in the Swissappears to have remained in place.
JPY Mid-day Analysis
With a slight downshift in anxiety toward the Chinese economy overnight and a minor decline in angsttoward Russia, the safe haven interest in the Yen has waned somewhat.
USD Mid-day Analysis
Despite the suggestion from the Fed that tapering will continue and hints that US housing trouble andgeopolitical tensions will restraint the recovery pace in the US, the Dollar remains vulnerable on the charts.
CAD Mid-day Analysis
The June Canadian looks poised to claw out fresh new highs for the move, especially ifthe US claims result later this morning is anything but positive toward US growth prospects.
GBP Mid-day Analysis
While the Pound remains in an upward track on its charts, the currency is somewhat held back to startby less than stellar Halifax home price figures released overnight.
Weekend risk premia and turnaround Tuesdays in 2014
Our final FX Daily this week makes a simple observation: the weekendpremium is making a comeback in 2014. The most obvious factor is politicalrisk around Ukrainian developments,
The Global Macro Pulse
In FX, AUD was the big mover in early trading, rallying 0.4% to 0.937 on the back of good employment data and stronger-than-expected China trade. EUR found support around 1.3906 and
FX Daily
We expect today’s ECB meeting to be another wait-and-see one without any neweasing measures. MarioDraghi is expected to continue to sound very dovish as inflation in April again wasbelow ECB’s expectations,
AUD/USD Analysis
Aussie was one of the region’s main movers this morning in the wake of upbeat data out of Australia and China.
FI Eye-Opener: What would Draghi do?
Long bond yields moved cautiously with all eyes already on the ECB meeting. German 10-year Bund yield ended slightly higher after trying unsuccessfully to break over 1.5 % level.
EUR/USD Analysis
The pair started in Asia at $1.3910 after a $1.3912 to $1.3939 range in the US last night. Muted early moves saw euro-dollar in a holding pattern at the $1.3910/12 area, before it dipped slightly to $1.3906.