Forex Analysis
FX Viewpoint: Great strengthening potential in MXN!
The main factors behind Mexico’s sluggish economic growth in the first half of 2013 were weak external demand and a large contraction in public expenditures.
Central European Daily
Booming investment In Hungary The EUR/HUF was able to break 300 level on the word of the governor of the National Bank of Hungary,
Morning FX Market Commentary
Euro stays well supported after German CPI data On Thursday, EUR/USD held close to the 1.36 mark as a rebound in German inflation questioned the room for more ECB easing.
The Global Macro Pulse
EURUSD rose to a high of 1.3622, USDJPY pushed up to 102.61 before giving up gains to trade at 102.36 and AUDUSD has fallen to 0.9084.
GBP/USD Analysis
The pair closed Thursday’s US Thanksgiving holiday thinned market at $1.6347 after rate had extended its recent recovery gains to $1.6358 before drifting off,
EUR/USD Analysis
The pair started in Asia at $1.3605 after marking a $1.3569 to $1.3619 range during the European/US hour. Early gains in euro-yen provided the euro with a positive start to
AUD/USD Analysis
Aussie continued with its recent bearish tone through the morning today but took little notice of earlier data releases like the RBA’s private sector credit numbers.
USD/JPY Analysis
Another weak session for the JPY as the dollar and euro both gained amid a session thinned out by the Thanksgiving holiday in the US. Dollar-yen opened near its Y102.24 session low,
Central European Daily
The forint hits 2-week low Koruna remains stable Although immediate reaction of the forint to the 16th rate cut in a row was limited on Tuesday,
The Global Macro Pulse
In FX, AUDUSD rallied as much as 0.7% in the wake of better-than-expected capex data, but has eased off its high to trade at 0.9119.
Morning FX Market Commentary
Yen remains under pressure across the board The dollar was under moderate pressure against the euro but was saved by decent US confidence data.