Forex Analysis

RBNZ Likely to Flannel Rate-Cut Fever

The Reserve Bank has a lot to try to achieve at this Thursday’s OCR review.

The services sector ended on a solid note in 2014, with expansion improving during December,

The 1.12 is HUGE for EURUSD. A post-QE bounce this week possible…ditto the rates.

Sentiment favors long USD positioning, at $48bn in aggregate and

It’s central banks’ easing time! On the back of severe disinflationary pressures due to oil prices,

The bull camp probably hoped that a jump in a January Euro zone PMI reading

Anxiety levels have moderated in the Swiss and prices have slumped

The Yen is showing signs of returning to the long held down-trend channel but

The Dollar flinched in the face of the ECB move on Thursday but

Like the rest of the non-dollar currencies, the Canadian is under

Despite better than expected UK retail sales results and talk that lower oil prices might

Regional assets strengthen on ECB decision.