Forex Analysis
EUR Mid-day Analysis
After being unable to put any near-term brakes on this morning’s sharp downdraft, the Euro remains wellbelow the 136.00 level and its 50-day moving average coming into this morning’s trading.
CHF Mid-day Analysis
A decent Swiss PMI reading this morning has added to recent positive Swiss economic results, but isonly providing minimal benefit to
JPY Mid-day Analysis
With safe-haven support continuing to erode and the Bank of Japan’s easing measures front-and-centerwith the market, the Yen remains on the defensive at the start of the trading week.
USD Mid-day Analysis
After surviving two retests of key support at the 80.50 level during the overnight session, the Dollar hasmanaged to put together a decent recovery rally early this morning.
Central European Daily
PMI points to further improvement in manufacturing … … across Central Europe The Hungarian forint extended its previous losses on Friday and
ECB Viewpoint: Not again
We expect very dovish signals from the ECB at this week’s monetary policy meeting, but no change in key rates.
Morning FX Market Commentary
Sterling is testing key resistance EUR/USD held its tight sideways range near 1.36 on Friday.
Yen depreciation not fully factored in
The USD/JPY has started on another uptrend. A survey we carried out amongst ourJapanese clients in mid-November showed that 77% forecast the USD/JPY rising,22% are neutral,
The Global Macro Pulse
The dollar has weakened slightly across the board against EM Asia FX, with the exception of the politics burdened THB. USDIDR and USDINR have fallen about 0.3% and
FX Daily
Market movers today * Focus will be on global PMIs. We expect the Spanish and Italian flash PMI manufacturing figures to increase and
GBP/USD Analysis
The pair closed in NY Friday at $1.6370. The rate spiked to fresh 27 month highs of $1.6384 ahead of the London fix, before profit take sales eased.
Scandi markets ahead: Another soft Norges Bank Monetary Policy Report
We argue that the Riksbank remains wrongly priced. Over the last week the Swedish fixed income market has priced out some of the Riksbank rate cut expectations for the next two meetings and