Forex Analysis
GBP Mid-day Analysis
The Pound has failed to benefit from improving economic views toward the US and perhaps some of theinitial pressure today comes from the surprise decline in Halifax March House prices.
Central European Daily
May receive Fidesz two-third or simple majority? Hungarian Parliamentary election will be held on this Sunday (6 April).
The Global Macro Pulse
G10 FX has traded sideways with EURUSD at 1.3712, AUDUSD at 0.9237, and USDJPY at 103.91. Most EM Asia currencies have weakened against the dollar with
FX Daily
The US employment report for March will be published later today. Uncertainty isquite high given recent distortions from the bad weather. However, we look for adecent report of 195,000 and
FI Eye-Opener: Draghi’s worst fears becoming reality
Bond yields edged lower yesterday, as Draghi’s dovish words had some effect (see more below), though the moves were rather small in core yields. The German 10-year yield, for example,
AUD/USD Analysis
Aussie started today’s session at $0.9234 and spent most of the morning hovering about there as it carved out a $0.9222 to $0.9245 range today.
EUR/USD Analysis
The pair was dragged lower last night by deemed dovish commentary from European Central Bank President Mario Draghi and dropped from highs near $1.3808 to a $1.3698 low in the US session.
GBP/USD Analysis
The pair closed in NY Thursday at $1.6596 after rate had been pressed back from earlier highs of $1.6661, initially on reaction to the release of weaker than forecast UK services PMI
USD/JPY Analysis
The pair started at Y103.93 this morning after it traded a high of Y104.12 last night in the US, marking yet another 2-month high. The pair however ran aground in today’s Asia-Pacific session,
The Euro Post-ECB Down But Not Down And Out
The euro made slow progress lower Thursday, even though the European Central Bank did not ease monetary policy as some expected and or hoped.
Analysts’ Take On ECB Mtg
Observers of the European Central Bank may be divided on whether or not the ECB is done with monetary easing, but there is little doubt that Eurozone inflation data from May and
EUR Mid-day Analysis
The Euro is poised just above a downside breakout on its charts and while it might draft some temporarylift off no movement from the ECB, slack data from