Forex Analysis
USD Mid-day Analysis
Initial weakness in the Dollar was seen to start the new trading week perhaps because of generallypositive German Ifo readings and a minor down tick in Ukrainian anxiety.
CAD Mid-day Analysis
The corrective dip in the Canadian appears to have run its course, but one might simplyexpect a lack of downside pressure, instead of a recovery in the Canadian.
GBP Mid-day Analysis
A stair step pattern of lower lows and lower highs in the Pound would seem to leave the bear camp witha slight edge to start the new trading week.
Central European Daily
Ousted president Yanukovich fled from Kiev Impact of Ukraine’s turmoil on CE remains limited On Friday, the forint and the zloty strengthened.
The benign collapse: AUD/USD to the mid 60s…
As a house DB expects the RBA to be on hold over 2014, 2015 and H1-2016. Inthe US we expect the Fed to start increasing the Fed Funds rate around mid2015.
The Global Macro Pulse
The dollar has softened against the EUR and the JPY and an early sell-off in the AUD has largely reversed. EURUSD is at 1.3738, USDJPY has fallen to 102.20,
FX Daily
The situation in Ukraine has deteriorated further over the weekend and will likelyattract significant attention today and throughout the week,
FI Eye-Opener: Is Draghi ready to move?
Bond yields fell on both sides of the Atlantic after somewhat choppy trading. The 10-yr US yield dropped to 2.72% and the Bund ended the day at 1.66% and curves flattened marginally.
GBP/USD Analysis
The pair closed in NY Friday at $1.6616, just off intraday lows of $1.6610. An eventful session as rate had initially marked highs of $1.6685, dropped back to $1.6610 on reaction to
Scandi markets ahead: Weak Swedish GDP expected, more upside for NOK/SEK and government bond auctions in Sweden and Norway
The main event in Sweden will be the Q4 13 GDP figures. Our preferred indicator,the ‘Danske Activity Index’ points to an outcome below 1% y/y (0.2% q/q), which isalmost 0.5pp below the Riksbank forecast.
EUR/USD Analysis
The pair opened at $1.3733 this morning in Asia following a $1.3705 to $1.3759 range in the US on Friday. Early action saw the pair struggle to extend gains beyond $1.3740 as weake Japanese stock markets weighed against euro-yen.
AUD/USD Analysis
With no major Australian data today, aussie spent the early hours of the session taking its lead from regional stocks. The aussie opened at $0.8982 and was initially held in a $0.8962 to $0.8982 range.