Forex Analysis

The Global Macro Pulse

The USD has rebounded somewhat after the sharp sell-off overnight. NZD was the main contributor, down 0.8% to 0.869 following the RBNZ jawboning effort.

FX Daily

We expect German factory orders to send another signal of solid GDP growth in Q1,as we forecast an increase of 0.4% m/m in March after it rose 0.6% m/m in February.

FI Eye-Opener: Irish confidence surges to multi-year highs

German bond yields mostly edged slightly higher yesterday, but the moves were still quite limited. In the US, yields mostly fell somewhat in the evening,

AUD/USD Analysis

Aussie started in Sydney at $0.9351, after a $0.9334 to $0.9367 range in the US last night. Early attention was focused on the kiwi, as RBNZ Governor Wheeler delivered a speech and

GBP/USD Analysis

The pair closed in NY Tuesday at $1.6974 after rate had been driven to fresh 5 year highs of $1.6997 on the back of stronger than forecast svcs/comp data,

The pair opened at $1.3928 after last night’s impressive rise to a $1.3952 high, its best since March 13. It started the Asian day shuffling $1.3925 and $1.3930 before making a brief run up to $1.3935.

USD/JPY Analysis

Another session of modest gains for the Japanese yen as the dollar weakened again this morning. Dollar-yen opened at Y101.69 as Japanese markets returned from Golden Week,

How High Will The Euro Go?

Anyone wanting to know what the ECB will decide on Thursday should carefully read Draghi’s speech1 from 24 April in which the ECB president outlined the problems that the central bank could address.

EUR Mid-day Analysis

Apparently Euro zone Services PMI data and German April Services data have given the Euro the upperhand over the Dollar again today. Apparently the Euro is also in favor because of bullish chart signals,

CHF Mid-day Analysis

A distinct range up extension in the Swiss isn’t surprising as it continues to draft off the positive traction inthe Euro and the Pound. While there continues to

JPY Mid-day Analysis

Like the Euro, the Yen is garnering a windfall from the overt weakness in the Dollar and also because ofslightly upbeat economic dialogue flowing from Japanese officials.

USD Mid-day Analysis

Clearly the trade is unimpressed with the anticipated growth view in the US. Surprisingly the US growthrate is stronger than Europe and Japan but yet those currencies have been gaining on