Forex Analysis
CHF Mid-day Analysis
The Swiss has reversed course from last week’s peak and it appears that a return to 1.13 might beahead. Weakness in the Euro, fears of a negative impact from another round of
JPY Mid-day Analysis
A loss of upside momentum in the Yen has resulted in significant consolidation resistance left up around the98.72 level. We can’t argue against a near term decline to recent consolidation support of
USD Mid-day Analysis
The Dollar has rebounded overnight in the face of rising Ukraine threats but the prospect of easingfrom the ECB might be another source of strength for the Greenback.
CAD Mid-day Analysis
A slight failure on the charts to start the new trading week suggests that a risk off vibe hasdrifted back into the equation. We see solid support in the Canadian down at
GBP Mid-day Analysis
While the Pound is also in a corrective track to start the new trading week, hope of positive economicnews later this week from the UK should provide the Pound with some cushion soon.
BTMU: EUR: Draghi’s Comments
The focus of the market at the start of the week is on ECB Draghi’s recent comments with regarding to the Euro rate. In this regard, Bank of Tokyo-Mitsubishi UFJ (BTMU) thinks that as it had become evident from
Central European Daily
Tensions in East Ukraine further escalate NBP contemplates asset market intervention The Central European currencies eventually closed only little changed on
The Global Macro Pulse
ECB President Draghi’s statement at the IMF meeting on Saturday that EUR strength may require monetary policy easing pushed EURUSD down to a low of 1.3833 before it settled at about 1.385.
FX Daily
The geopolitical situation in Ukraine will probably be the main focus after deadlyclashes on Sunday in eastern Ukraine and the Ukrainian government’s announcementthat it will move troops into
FI Eye-Opener: Please stop strengthening, we are asking nicely
Bond yields climbed early on Friday, but buying soon resumed, and yields ended the day lower on both sides of the Atlantic. The German 10-year yield was trading as low as 1.49% at one point,
GBP/USD Analysis
The pair closed in NY Friday at $1.6733 after rate was pressed to session lows of $1.6717, as euro-sterling pushed through resistance at stg0.8286, the break allowing it to move up to stg0.8310 (closing the day back at stg0.8298),
AUD/USD Analysis
Aussie had a dull morning so far Monday, with the aussie stuck in a $$0.9376 to $0.9410 range. It started at $0.9390 and ran into some early pressure which pushed it down to