Forex Analysis
EUR/USD Analysis
The pair traded a $1.3885 to $1.3901 range during the US session last Friday but opened in Asia today sharply lower at $1.3843 thanks to comments from ECB President Draghi at the weekend.
Australian Markets Weekly
Wasn’t 2014 meant to be the year of the falling $A? We expect it still will be and our FX Strategy team are not rushing to change their forecast for $A to be US 84 cents by end of 2014 and US 80 cents by end of 2015.
USD/JPY Analysis
The pair opened at Y101.63 vs the dollar this morning in the Asia-Pacific after a US session low of Y101.62 on Friday. It extended the losses in early trade as euro-yen also deflated following weekend comments from
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Neutral this week The NZD’s uptrend remains intact but momentum is waning.
Weekly Commentary
New Zealand’s powerful economic upswing appears to haverumbled on through the first quarter of 2014 – althoughthere are some question marks in the detail.
Weekly Economic & Financial Commentary
U.S. Review Broad Gains, but Where Are the Skilled Workers? • There were broad improvements in the economic data this week,
Weekly Report
No fireworks out of the BoE The BoE kept its monetary policy unchanged at the April 10th meeting.
EUR Mid-day Analysis
While the Euro managed a fresh upside breakout overnight, paying up for the Euro so far off its recentlows and in the face of threats of a halt in natural gas flows seems to be precarious.
CHF Mid-day Analysis
A quasi double top in the Swiss suggests at least a temporary pause in the upward track. While the USeconomic report slate today hardly offers up a reading that is capable of boosting the Dollar sharply and
JPY Mid-day Analysis
The Yen remains within striking distance of its recent highs but it has clearly lost upside momentum overthe last 24 hours. With the 98.78 level seen as a significant consolidation high zone for
USD Mid-day Analysis
The Dollar enters the Friday US trade sitting just above the prior session’s downside breakout and thecapacity to temporarily recoil from the key March low of 79.375 is seen as
CAD Mid-day Analysis
The Canadian appears to be overbought technically and it might be a touch overboughtfundamentally. Critical support today is seen at 91.24 and then again down at 90.94.