Forex Analysis
CHF Mid-day Analysis
Like the Euro, the Swiss has managed to come back into favor even in the face of thin news flows. In thenear term we can’t rule out a temporary rise back above the April highs of 1.1443,
JPY Mid-day Analysis
A pattern of lower highs remains in place and the path of least resistance in the Yen looks to remain down.However, the rate of decline might be limited by the lack of forward acceleration in the US economy and
USD Mid-day Analysis
The Dollar comes away from the holiday shortened week with a disappointing track especially whenone considers that US data this week was mostly upbeat.
CAD Mid-day Analysis
Chart damage leaves the bear camp with the edge in the early Thursday US trade action.Apparently dovish talk from the BOC in the form of an extension of
GBP Mid-day Analysis
While the Dollar can’t seem to catch a bid off decent data, the Pound appears to be able to rally onmarginally favorable developments. With a fresh upside breakout on
BTMU: EUR/USD: Range & Outlook
EUR/USD – neutral bias – (1.3700-1.4000) The euro continues to trade close to recent highs against the US dollar.
Central European Daily
As situation in Ukraine escalates, regional currencies still remain under modest downward pressure As the conflict gradually escalates in eastern Ukraine,
Does demand or the deficit tip sterling scales?
The outlook for sterling is finely balanced between two countervailing forces.On one hand, there is plenty of room for the market to price a more aggressivehiking cycle.
The Global Macro Pulse
The dollar has drifted slightly weaker with AUDUSD rising to 0.9374, EURUSD recovering to 1.3839 after a brief dip and USDJPY falling to 101.98. USDKRW fell to a low of 1034.40 where we
FI Eye-Opener: Easter bunnies to boost bonds today
Core bond yields edged higher yesterday, though the moves were quite limited. The German 10-year yield closed higher by about a bp. Intra-Euro-zone bond spreads narrowed further,
AUD/USD Analysis
A relatively subdued session for the aussie this morning, with no majro RBA announcements or economic data releases scheduled ahead of the Easter long weekend.