Forex Analysis

EUR Mid-day Analysis

Draghi comments hinting at more efforts to battle the threat of deflation take on added significance aheadof the weekend especially with the Euro yesterday spiking up to 1.3967.

CHF Mid-day Analysis

At times this week the Swiss has seen almost a perfect storm. News that the ECB is poised to actagainst the rising Euro has temporarily undermined the Swiss,

JPY Mid-day Analysis

Reports that some traders might have unwound long Nikkei/short Yen plays probably fueled the range upextension in the Yen yesterday.

USD Mid-day Analysis

The Dollar spiked down sharply yesterday but recovered impressively from that washout in the wake ofthreats from EU officials that a soaring Euro wouldn’t be tolerated.

CAD Mid-day Analysis

Underpinning the Canadian is news of a jump in home prices, news of a possible end to adock strike and hopes of an expansion of Canadian Industrial capacity utilization has helped to

The Pound remains vulnerable to more long liquidation even though UK January Construction outputrose sharply. Clearly the Pound is being dragged downward off big picture slowing fears from China and Crimea.

Central European Daily

CE markets calmed down on Wednesday The Central European currencies calmed down yesterday.

The Global Macro Pulse

The yen has rallied almost 0.2% to 101.7. Most EM Asia currencies are weaker vs. the USD, led by a 0.5% fall in the INR to 61.475 and a 0.3% drop in the MYR to 3.282.

FI Eye-Opener: Flight-to-quality dominating

Core bonds rallied in earnest yesterday, curves bull-flattened further, intra-Euro-zone spreads widened and equities took a beating.

FX Daily

Focus will remain on Ukraine where Crimea’s referendum to join Russia will takeplace on Sunday. The referendum is expected to be in favour of joining Russia,

EUR/USD Analysis

Another session spent in slumber for the pair, following a fairly volatile overnight session, which saw euro-dollar fall to $1.3846 following remarks from ECB President Draghi.

GBP/USD Analysis

The pair closed in NY Thursday at $1.6625 as rate fell away from earlier highs of $1.6719 to a late session low of $1.6610 as market reacted to the increased rhetoric over this weekend’s Crimea referendum,