Forex Analysis
EUR/USD Analysis
Another quiet session for euro-dollar today in the Asian trading hours following last Friday’s drop to 10-week lows around $1.3479 after weak eurozone CPI data.
FX Daily
Focus continues to be on emerging markets. Large parts of Asia are closed today due to the Chinese New Year public holiday.
Scandi markets ahead: Swedish and Norwegian PMIs and DGB auctions in Denmark
In Sweden we are particularly interested to see how industrial production fares(Friday 08:30) following the very strong reading in November.
AUD/USD Analysis
Aussie was weighed down last Friday by weaker-than-expected eurozone data which hurt risk appetite, with the aussie heading down to an eventual low of $0.8694 in the US before
GBP/USD Analysis
The pair closed in NY Friday at $1.6439, off its late session lows of $1.6426 after rate had been pulled lower by month end flow driven slippage in euro-dollar.
USD/KRW Analysis
The pair continues to surge higher to hit fresh session high of Krw1,084.4 before retracing to Krw1,082 but rebounds quickly to Krw1,083.4 last.
USD/JPY Analysis
A somewhat subdued Asian morning today with dollar-yen opening at Y101.96 and euro-yen at Y137.50, both in the vicinity of last Friday’s US session lows.
Markets Outlook – Warming, Warming: Labour Market Data
Wednesday’s December quarter labour market reports will take centre stage this week (shortened, as it is, by Thursday’s Waitangi Day national holiday).
Weekly Commentary
All eyes were firmly on the Reserve Bank’s January OCRReview last week. While we were always expecting theRBNZ to remain on hold, with the New Zealand economygathering momentum and
Australian Markets Weekly – Australian data continues to improve
This past week has seen yet more key indicators, NABBusiness Conditions – a coincident indicator – and RBAcredit turn higher, more evidence the economy has shownmore resilience into year end.
FX: When music stops…
With stock markets at crucial trend support levels, risk sentiment is at risk. Will good news be bad news for the USD?
Weekly Economic & Financial Commentary
U.S. Review Shall We Do the Real GDP Shuffle? · Real GDP posted its second consecutive quarterly above-trend gain in the fourth quarter, rising at a 3.2 annual percent pace.