Forex Analysis

The Global Macro Pulse

Lower US yields and stronger risk appetite have driven the USD lower across the board. AUDUSD has rallied to 0.9373,

FX Daily

Another quiet day on the global agenda. FOMC minutes tonight might beinteresting given the upward adjustment to the Fed rate projections at the Marchmeeting.

FI Eye-Opener: Greece about to enter the market

German bond yields edged up yesterday after the drop in the previous days, but US bonds continued to perform. The German 10-year yield ended the day up by some 2bp,

Aussie opened at $0.9360 this morning after a $0.93265 to $0.9368 range in the US last night. The rate then eased to $0.9341 in early trades before stretching the lows to $0.9335 as the morning went on.

GBP/USD Analysis

The pair closed in NY Tuesday at $1.6747 after rate had been given a boost on release of stronger than forecast UK IP/Mfg data, with the IMF upgrading its UK growth outlook allowing the pound to

EUR/USD Analysis

The pair traded a high of $1.3812 last night in the US, the highest since last Wednesday’s $1.3820 high, and started in Asia slightly lower at $1.3797.

USD/JPY Analysis

The pair continued its fall from grace on Tuesday with a sharp move lower breaking below some minor support levels last night and traded a low of Y101.55 in the US but

EUR Mid-day Analysis

A range up move in the Euro highlights a currency catching a lift from revived macro-economic optimism.However, some of the gains appear to be the result of liquidation in the Dollar and

CHF Mid-day Analysis

With the Dollar under pressure, positive UK data and favorable European auto sales talk countervailingthe Putin threat, the bull camp in the Swiss has maintained an edge into the early Tuesday US trade action.

JPY Mid-day Analysis

Weakness in the Dollar combined with positive BOJ dialogue overnight has launched the Yen into a freshupside extension. With the initial rise above the 97.50 level and

USD Mid-day Analysis

A significant downside failure on the Dollar charts overnight probably unnerves the bull camp and setsthe stage for at least a temporary probe back below the 80.00 level.

CAD Mid-day Analysis

A fresh upside breakout in the Canadian puts the currency to its highest level since theFebruary 19th peak. Overt weakness in the US Dollar, news that a referendum in Quebec will be