Forex Analysis
CAD Mid-day Analysis
Like the Pound, the Canadian is a recovery currency that needs to see growth andoptimism. While favorable UK data is contributing to a positive global view to start today,
GBP Mid-day Analysis
The Pound has regained its leadership status with sharp gains on the charts overnight, but positive UKretail sales readings have clearly given the Pound a more definitive edge in
Central European Daily
The Polish zloty touches a 3-week high The CNB should stay on hold The Polish zloty strengthened to a 3-week high after
Finding Value in FX Carry
Global FX carry trades, where one buys the highest interest rate currencies and sells thelowest interest rate currencies across G10 and EM, have had a torrid time since 2008.
The Global Macro Pulse
In FX, AUD continued to climb to 0.9237. EUR was largely unchanged at 1.3785, while USDJPY found some support at 101.72 and rallied all the way to 102.15.
FX Daily
In Europe the main focus will be on the release of money supply and credit data inthe euro area for February. In general the data have been weak, albeit there was aslight improvement in January.
FI Eye-Opener: Correction lower looming for US equities
Bond yields continued to fall yesterday, especially in the US, where the 10-year yield retreated by almost 6bp. US bonds were boosted by a positive 5-year note
EUR/USD Analysis
The pair spent another dull Asia-Pacific morning trapped in narrow ranges again, spending a significant portion of the morning essentially flat around $1.3780.
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6580, euro-stg at stg0.8313. The rate found solid support ahead of $1.6500 in early Europe after BOE Weale comments, and
AUD/USD Analysis
The Aussie started the Asian session on a broadly firmer tone, getting a boost from its overnight rise to a $0.9245 high, the best for the year so far and highest since Nov. 22.
USD/JPY Analysis
The pair started on a slightly firmer footing this morning as dollar-yen slipped after opening at Y102.04 while euro-yen started at Y140.63.
Perfect Storm Of Events Turns AUD Bears Into Bulls
A perfect storm of events has turned steadfast Aussie bears into furtive Aussie bulls recently, analysts said.