Forex Analysis
AUD/USD Analysis
Aussie took advantage of the US dollar’s weak tone following Friday’s soft US data, and rode to its best level since mid-December this morning. Aussie-dollar opened at $0.9004, in line with Friday’s US session high of $0.9005, in Asia today.
USD/JPY Analysis
JPY witnessed a healthy revival this morning amid the closure of Japanese markets for a public holiday, courtesy of a broader US dollar pullback following Friday’s disappointing payrolls numbers.
Markets Outlook – 2014: A Year of Extreme Interest
Brace yourself. 2014 promises to be the year where the rubber really hits the road in the New Zealand economy and markets. A year that triggers some material shifts from the context of present extremes.
Weekly Forex & Interest Rate Outlook
The NZD has been the outperformer of 2014. Fundamentalssuggest that should continue.Our economic data pulse mode (Chart 2), which captureseconomic momentum, is riding high.
Weekly Commentary
Before large swathes of the population started theirannual migration to beaches and holiday hotspots aroundNew Zealand, there was a flurry of activity on theNew Zealand data calendar.
Australian Markets Weekly – Labour market the key to 2014 RBA policy
RBA cash rate expectations for Dec-2014 range from 2.0% to 3.5%. The RBA is comfortably on hold and still believes that policy is stimulatory enough to support activity.
FX: from jobs to prices
With UK and US nearing unemployment “thresholds” , inflation will become increasingly more important for currencies.
Weekly Economic & Financial Commentary
U.S. Review Employment Throws a Curve Ball After Fed Tapering • Employment plummeted well below consensus estimates, rising by only 74,000 jobs in December compared to the survey forecast that expected almost 200,000 jobs.
Weekly CFTC Trader Positioning Data
Investors pared exposure to European currencies heading into key US & ECB events, reducing net long positions in EUR, GBP and CHF. Meanwhile, JPY, CAD and AUD continue to be held net short.
Forex Weekly Report
The Fed is heading towards a slow tapering process The release of the Fed’s minutes illustrated that the critical decision to start of the tapering stemmed primarily from an increase confidence in the strength of the US recovery.
EUR Mid-day Analysis
The Euro has rebounded slightly to start today but that might be positioning balancing ahead of thepayrolls and not a fresh bullish focus by the trade. We have to think that the trend is set to remain down in theEuro,
CHF Mid-day Analysis
Like the Yen, the Swiss saw a bounce off US data yesterday and while the Swiss comes into the sessionmarkedly above the level where the US data was released yesterday,