Forex Analysis
Central European Daily
Strong macro figures fundamentally support the forint Like in other regional countries there have been many Hungarian macro figures published during the week and
The Global Macro Pulse
G10 FX rates are largely unchanged in Asian trading ahead of US payrolls with EURUSD at 1.3858, AUDUSD at 0.9084 and USDJPY at 102.93.
FX Daily
The main release today is US non-farm payrolls. We look for a rise of 145,000 but theestimate is extra uncertain currently due to the weather effect.
FI Eye-Opener: Another blame it on the weather day?
Bond yields rose yesterday as equities were well bid, jobless claims were better than expected and the ECB disappointed some investors by not looking extremely dovish. In the US,
EUR/USD Analysis
The ECB decision to keep policy unchanged and the bullish tone from ECB President Draghi gave the euro a boost to a $1.3873 last night, its highest since Dec. 27,
GBP/USD Analysis
The pair closed in NY Thursday at $1.6740 after rate had been pulled off its lows of $1.6686 (low seen on reaction to the ECB no change in rates as euro-sterling edged higher) as
AUD/USD Analysis
The Aussie rose last night, taking out a previous key resistance level at $0.9085 on its way to an eventual high of $0.9113, the highest level traded since Dec 11 2013, when it peaked at $0.9153.
USD/JPY Analysis
The pair started this morning at Y103.06 while euro-yen opened at Y142.86, just off a Y142.91 high. With the euro marking strong gains since last night’s ECB decision and
Analysts’ Take On ECB Mtg
Observers of the European Central Bank came away from ECB President Mario Draghi’s monthly press conference Thursday more unified than they have been in a while,
Economy Watch – Inflation to Breach RBNZ Band
We have nudged up our economic forecasts for 2014 and bolstered them for 2015. While some of this is population driven, the overall consequence is greater excess demand than we previously envisaged.
Euro area: ECB comment – no rate cut
The ECB kept rates on hold as 40 out of 56 polled by Bloomberg – including us – expected. The ECB also decided to continue sterilising its sovereign bond holdings under the SMP.
EUR Mid-day Analysis
Weakness in the Dollar, favorable German Manufacturing orders and expectations for more slack datafrom the US directly ahead have helped the Euro hold up