Forex Analysis

USD Mid-day Analysis

Apparently the outlook toward the US was improved by data released on Thursday. In other words, thecurrency markets currently have a relatively low bar for data released from the US,

CAD Mid-day Analysis

As in the Pound, the risk-on vibe in the Canadian doesn’t appear to have come back intoplace with a bounce in equities. US data was somewhat comforting but slack UK retail sales data overnight and

GBP Mid-day Analysis

The Pound was temporarily undermined as a result of slack UK retail sales results but it has returned topositive ground into the US Friday trade.

Central European Daily

Hungarian bond auction attracted decent demand Are CEEs threatened by contagion from Ukraine? For the time being, contagion of CEE markets from the Ukrainian crisis is limited.

The Global Macro Pulse

FX market was relatively quiet with no notable data releases in Asia time. The EUR was unchanged at 1.3717, while USDJPY edged only marginally higher to 102.51.

FI Eye-Opener: US data sending some conflicting signals

After some early gains, bonds ended the day with losses yesterday on both sides of the Atlantic. The German 10-year yield rose by 3bp, while the corresponding move up in the US was around a bp.

FX Daily

The main data releases are retail sales in the UK and existing home sales in the US.The data released so far suggest a substantial weather impact on the

GBP/USD Analysis

The pair closed in NY Thursday at $1.6653 having recovered off a late move down to $1.6625 after rate had failed in its earlier attempt to recover back above $1.6700

The pair opened at $1.3719 in Asia this morning following a $1.3687 to $1.3729 range in the US overnight. It traded up to a high of $1.3721 soon after the Asian market got underway, supported by positive risk sentiment.

AUD/USD Analysis

Aussie started just above $0.9000 and early market action saw the market target rumored stops above $0.9010 amid positive risk sentiment following a positive close in US stocks.

USD/JPY Analysis

The pair started the morning under selling pressure, dollar-yen opening at Y102.24 and then gaining to Y102.37 on demand from Japanese accounts after the overnight close in US stocks sparked expectations of a similar rise in Japanese stocks.

JP Morgan: GBP/USD – Above 1.6613, the 2009 high at 1.7044 remains in focus

JPM thinks that the British Pound is also far from reversing its general up-trend as the latest bounce in EUR/GBP has not even managed to