Forex Analysis
CHF Mid-day Analysis
Carryover support from the Euro zone has helped the Swiss Franc to post sizable gains this morning,although it may be difficult to climb above the 50-day moving average and
JPY Mid-day Analysis
The Yen remains squarely on the defensive this morning as prices continue to slide further into new lowground. Comments by BOJ Governor Kuroda that they will do their utmost to restrict an increase in
USD Mid-day Analysis
With mixed messages from US data and Fed speakers making it difficult for the Dollar to find overalldirection this week, it has been positive vibes from overseas that has put prices under
Central European Daily
Czech central bankers defend their decision Promising talks about the new Czech government Two issues have captured attention of the Czech media in recent days:
FX Viewpoint: Headwinds to Mexican growth are abating
Mexico’s third quarter GDP growth reverses last quarter’s contraction and signals that Mexico is on track for a modest economic recovery.
Morning FX Market Commentary
Sterling remains well bid The euro profited only modestly from Draghi’s comments that nothing new has been decided about the deposit rate.
The Global Macro Pulse
The dollar has extended its overnight rally against the AUD, which has fallen to 0.9194, but essentially flat against the EUR and JPY at 1.3466 and 101.15 respectively.
FX Daily
Market movers today * In the data calendar the main event is the IFO business survey in Germany.
GBP/USD Analysis
The pair closed in NY Thursday at $1.6199, just off its posted high of $1.6200 after rate had recovered through the day off an earlier Asian base of $1.6072.
EUR/USD Analysis
The pair started in Asia this morning at $1.3470 after carving out a $1.3443 to $1.3487 trading range in the US last night,
AUD/USD Analysis
Aussie continued with its recent weakness through the Asian morning today after it slipped to an overnight low of $0.9198 in the US.
USD/JPY Analysis
JPY started the Asian currency after a weak overnight session which saw dollar-yen peak at Y101.16 and euro-yen at Y136.40 during the US session.