Forex Analysis

The Global Macro Pulse

The EUR edged higher to 1.3765, while USDJPY was marginally lower to 102.24. AUD fell to a low of 0.899 before reversing to 0.901. A similar pattern was followed by NZD,

FI Eye-Opener: Weather argument will not work indefinitely

Bonds rallied yesterday on the back of disappointing US economic data, though the moves especially in Europe were not that big.

FX Daily

In the US the Fed will release minutes from the 28-29 January FOMC meeting.The speeches ahead of the meeting suggest relatively strong consensus on continuingthe tapering course but

The pair closed in NY Tuesday at $1.6683 having recovered off its post UK CPI react lows of $1.6655 (holding off a retest of Friday lows of $1.6645 with traders awaiting the post data dip to re enter longs) to $1.6728.

AUD/USD Analysis

Aussie opened at $0.9031 this morning after a narrow $0.9016 to $0.9046 range in the US, and started the session off slightly lower, with a dip to $0.9018 soon after the Westpac-MI leading index release.

USD/JPY Analysis

The pair opened at Y102.35 early this morning and encountered initial weakness into the start of the local stock market session. The Nikkei 225 opened lower and weighed against dollar-yen,

Barclays: EUR/USD: What Will Happen As Deleveraging Runs Its Course?

The ongoing reduction of USD funding pressures in the EUR/USD cross-currency swap market as providing more evidence of the continued deleveraging by euro area banks, notes Barclays Capital.

EUR Mid-day Analysis

With another higher high this morning and the highest Euro exchange rate since January 24th, the Euro isclearly in vogue again. Surprisingly a weak German ZEW reading was of little consequence for the Euro,

CHF Mid-day Analysis

With the trade anticipating further weakness in US data and European data currently assumed to be juststrong enough, the Swiss wins by default.

JPY Mid-day Analysis

In the face of soft Japanese data and a surprising tightening move by China, the Yen has started out on aweaker footing. Ideas that the BOJ will continue to provide support to the Japanese economy,

USD Mid-day Analysis

After yet another lower low for the move overnight, the Dollar has rebounded off a series ofinternational developments. Initially the Dollar was pushed lower by

CAD Mid-day Analysis

We think the Canadian is vulnerable to any noted deterioration of macro-economicsentiment as the Canadian has rallied 213 ticks over the last two weeks off ideas that global growth was comingback.