Forex Analysis
CHF Mid-day Analysis
The March Swiss was clearly fundamentally and technically overdone into the recent highs. With thesituation in the Ukraine calming down, some of the premium has already started to fall out of the Swiss.
JPY Mid-day Analysis
With a down shift in global economic anxiety overnight, the tilt in the Yen is pointing downward. However,until the economic track toward the US and or China improves,
USD Mid-day Analysis
The Dollar is showing some initial weakness after forging a temporary higher high overnight. Clearly ashift in the Ukraine situation has removed some safe haven impetus from the Dollar to
CAD Mid-day Analysis
If the smoke from the Ukraine actually clears, the Canadian Dollar might be able to holdabove the late February lows. With a slight improvement in Canadian manufacturing growth,
GBP Mid-day Analysis
Since the Pound fell in the wake of the Ukraine flap, it might be poised to regain some positive footingdirectly ahead. Conservative traders might buy the March Pound on a slide to
Central European Daily
Markets ignores better-than-expected PMIs,… …while the Ukrainian crisis weighs on regional sentiment Yesterday, better than expected regional PMIs were not able to overweigh tensions stemming from
Brave New World
Tighter liquidity, shifting portfolio allocations and falling commodity prices meanperformance in manufacturing exports will be key for EMFX. Insofar as exportsfollow the law of one price,
The Global Macro Pulse
The EUR was unchanged at 1.3735 but USDJPY has started to climb to 101.69 in Asia trading. AUD gapped lower to 0.8910 post RBA but has since retraced to 0.8933.
FI Eye-Opener: yields clearly lower
Risks related to an escalating conflict in Ukraine took sovereign bond yields clearly lower. Numbers out yesterday surprised on the upside – ISM, French PMI.
FX Daily
A quiet day in an otherwise busy week. There are no important data on the globalscene. However, developments in Russia/Ukraine will continue to attract attention.
EUR/USD Analysis
The pair started the session this morning at $1.3735, after a $1.3726 to $1.3780 range in the US overnight. Worries about tension in the Ukraine kept the euro under pressure through the morning,
GBP/USD Analysis
The pair closed in NY $1.6664 after rate reversed away from the $1.6750 (seen in Europe after release of strong UK mfg PMI data) with dollar demand into the NY session providing the weight to