Forex Analysis
A new Nordic Outlook is released – ECB to launch QE
Today we publish our new Nordic Outlook, which contains all our latest macro projectionsincluding updated medium and long-term financial forecasts.
Morning FX Market Commentary
EUR/USD rebound slows On Monday, EUR/USD reversed part of its post-ifo gains.
Annual Rate Spread Ranges & 2014 FX Vol
Much like 2013 was a year of two halves, so 2014 looks likely to be a yearof two halves. H1 2014 will probably dominated by boredom over UStapering,
The Global Macro Pulse
The USD has given up some of its New York rally. AUDUSD has bounced to 0.9189, EURUSD has edged up to 1.3531, and USDJPY has nudged lower to 101.51.
FX Daily
Market movers today * US consumer confidence for November (Conference Board) is expected to rise slightly following a steep decline in October partly related to the government shutdown.
GBP/USD Analysis
The pair closed in NY Monday at $1.6161 after rate had been sold to lows of $1.6134, having seen highs earlier in the day at $1.6241.
EUR/USD Analysis
The pair opened at $1.3517 this morning after a $1.3490 to $1.3528 range in the US last night. It witnessed a slow grind higher, nudging past the US high after Japanese stocks opened but
AUD/USD Analysis
Aussie opened at $0.9161 and then moved higher in early trades to $0.9180 currently, in the wake of remarks from RBA Dep. Gov Phillip Lowe,
USD/JPY Analysis
JPY traded a 6-month low of Y101.92 against the US dollar and slumped to a 4-year low of Y137.99 versus the euro during Monday’s session but started Tuesday’s session off its worst levels.
FI Viewpoint: xCcy basis swap monitor
In this note, we look into recent development on the xCcy basis swap markets. The focus is tilted towards scandi currencies.
USDJPY – double bottom target hit; minor pullback to 101.36/101
The Oct double bottom target of 101.53 was reached overnight; now $JPY has handily bettered both the June and Sep highs clearing a path for our long expect move to 106 slated to occur in Q1 2014.
EURUSD – Euro rally fails at underside of 2 channels
Last week’s deep wave-2 retracement nearly negated our bearish Euro call but failed at the underside of 2 channels, the first being a bear flag from Nov and