Forex Analysis

GBP Mid-day Analysis

A huge range up extension overnight comes compliments of a much stronger than expected UKIndustrial output result. However, the Pound is also benefiting from overt weakness in the Dollar,

Central European Daily

Czech and Hungarian industrial output grows more than expected On Monday, the Czech industrial output surprised analysts by a 6.7% y/y rise in February,

Where is the RBA’s pressure point on the AUD?

We noted in a Dataflash last week that the RBA tweaked its rhetoric on theexchange rate in the statement issued after the April board meeting.

The Global Macro Pulse

Lower US Treasury yields overnight weakened the dollar slightly. EURUSD rose to 1.3743 and USDJPY slipped to 102.96. AUDUSD softened on the Asian open,

FX Daily

There are no big market movers today. The UK releases industrial production forFebruary, which is expected to show a moderate rise of 0.3% m/m.

FI Eye-Opener: No jumping the gun on QE

After some initial weakness, longer German bonds ended the day with small gains, as there were signs things could heat up in Ukraine again. Intra-Euro-zone bond spreads corrected wider,

GBP/USD Analysis

The pair closed in NY Monday at $1.6610 after rate had been able to eventually play catch up on euro-dollar’s recovery, trading up from European morning lows of $1.6567 to $1.6624.

AUD/USD Analysis

Aussie opened at $0.9270 this morning and was troubled early by downbeat risk appetite and weighed down also by a lower open in regional stocks and some profit-taking in aussie-kiwi cross.

The pair started in Asia at $1.3742 after a $1.3721 to $1.3748 range in the US last night and made small gains in early trade. It ran into mild weakness as euro-yen retreated following a soft opening in Japanese stocks,

USD/JPY Analysis

The JPY witnessed a moderately active session this morning after opening at Y13.16 against the dollar and at Y141.67 vs the euro. Dollar-yen traded lower from the get-go as the US dollar broadly wilted,

EUR Mid-day Analysis

The Euro is garnering some favor this morning in the wake of a slight faltering in the Dollar. Perhaps theEuro is drafting some lift from generally up-beat German manufacturing output in February.

CHF Mid-day Analysis

Like the Euro, the Swiss managed to garner some fresh favor this morning and that might have beenpartly the result of an oversold condition at last Friday’s lows and