Forex Analysis
Forex Weekly Report
The market’s favourite trade may be vulnerable Over the last 4-5 months US Dollar bulls have been biased towards long USD/CAD positions as
EUR Mid-day Analysis
While the Euro might be deriving some lift from news of a current account surplus for January, it could bedifficult for the Euro to forge significant gains today, without positive economic readings.
CHF Mid-day Analysis
We thought the Swiss was priced for perfection into the March highs and therefore the correction thisweek isn’t surprising. It is also possible that proximity to
JPY Mid-day Analysis
The ranges in the yen this week have been unusually narrow and that highlights a mostly stabile to positiveJapanese economic condition,
USD Mid-day Analysis
The upward streak in the Dollar is abating as international economic and geopolitical anxiety hasmoderated. While the US economic report slate today is empty,
CAD Mid-day Analysis
Like the Pound, copper and global equities, the Canadian needs to see an improvingglobal economic track to reject the years long slide in its exchange rate.
GBP Mid-day Analysis
The Pound has come under consistent pressure this week because of waning global optimism. With thesharp run up in the Pound in early February,
Draghi needs Swedish lessons
The ECB needs to learn from the Riksbank and become far more vocal about the threat posed by a strong currency to its inflation mandate.
The Global Macro Pulse
The dollar is mixed against the G10, but stronger against most EM Asia currencies other than the INR. AUDUSD outperformed, rallying to 0.9062 while EURUSD is up marginally at
FI Eye-Opener: US data starting to improve
Bonds continued under pressure early yesterday in the aftermath of the Fed, but found demand again later. German yields expectedly ended the day higher, with the 10-year yield up by some 5bp.
FX Daily
On a very quiet day on the data front, markets will continue to digest the news overthe week with a surprisingly hawkish Fed and