Forex Analysis
CHF Mid-day Analysis
The Swiss is tied to the coattails of the Euro through the ECB meeting results and into the flow of USscheduled data later today.
JPY Mid-day Analysis
More new lows on the charts overnight leaves the technical bias pointing downward in the Yen. Part of thepressure in the Yen is the result of disappointing economic survey results and
USD Mid-day Analysis
The Dollar continues to edge out the Euro as the preferred currency perhaps because US scheduleddata has edged out Euro zone data to leave the US with a slight macro-economic edge.
CAD Mid-day Analysis
The Canadian appears to be poised for an upside breakout on its charts. Part of the gainsin the Canadian are the result of improving North American economic sentiment and
GBP Mid-day Analysis
The Pound also appears to have lost favor and has seen some chart damage overnight. DisappointingUK service sector PMI growth and news that consumer credit-card borrowing was off sharply,
Credit Agricole: 3 Key Themes Driving The USD
The key feature of the foreign exchange markets has been the USD’s lack of follow through after the hawkish FOMC. Indeed, while the USD has traded largely flat against the majors,
HSBC: Here Are Our 2 ‘Core Calls’ On EUR, Cable
To mark the beginning of the new quarter, HSBC discuses in a note to clients this week its 2 core calls on the currency markets for the rest of the year.
INR: The Believer-Skeptic Battle
The strong run in the rupee has produced both believers and skeptics. Withelections upon us, we present our take on the popular sources of concern:
The Global Macro Pulse
The overnight rise in US yields has combined with pre-ECB and pre-payrolls positioning to give the dollar support. EURUSD dipped to 1.3759, USDJPY rose to 104.0,
FX Daily
Today’s main event will be the ECB meeting. The probability of immediate easingfrom the ECB has declined as indicated by statements from vice presidentConstancio that “the low figure of inflation in
FI Eye-Opener: Inaction to lead to some action
Bond yields continued to climb yesterday on both sides of the Atlantic, as hopes grew that the US labour market recovery would be picking up again. Curves bear-steepened, while the 10-year spread between
AUD/USD Analysis
Aussie was thrown about somewhat after the release of Australian economic data earlier today while reported comments from RBA Governor Glenn Stevens late in the Asian morning contributed to