Forex Analysis
RBA’s Stevens comments on 30 years of the Aussie dollar floating
RBA Governor Glenn Stevens delivered a speech on “The Australia Dollar: Thirty Years of Floating”, to the AustralianBusiness Economists (ABE) Annual Dinner in Sydney.
EUR Mid-day Analysis
After yesterday’s huge negative reversal, the Euro saw downside follow-through but found support at the134.00 level and has bounced back well into positive territory this morning.
CHF Mid-day Analysis
While the Swiss Franc saw a severe reversal of fortune in the wake of yesterday’s ECB negative depositrate news story, it has managed to find its footing after ECB President Draghi’s comments early in
JPY Mid-day Analysis
Although the Bank of Japan struck an optimistic tone towards both the Japanese and global economies,their decision to maintain aggressive easing measures has kept the
USD Mid-day Analysis
Although it has been unable to sustain an overnight rally that broke out above the July/Novemberdowntrend, the Dollar is only finding moderate pressure early this morning.
Central European Daily
Mateusz Szczurek becomes a new Polish FinMin CNB does not plan to change the floor for the EUR/CZK In a Polish government´s reshuffle yesterday, Mateusz Szczurek replaced the head of the Ministry of Finance, Jacek Rostowski.
Morning FX Market Commentary
EUR/USD nosedives on rumours of a negative ECB deposit rate. On Wednesday, the stalemate in EUR/USD was unlocked.
The Global Macro Pulse
USDJPY rose to an intra-morning high of 100.52 before paring back to 100.37. AUDUSD dipped to 0.9308, continuing weakness in New York, driven by the weaker-than-expected HSBC flash PMI for China.
FX Daily
Market movers today * In the data calendar the main events are the releases of flash PMIs for the euro area, Germany and France.
GBP/USD Analysis
The pair closed in NY at $1.6104 after rate had been pressed down from session highs of $1.6178, initially tracking euro-dollar’s slippage on reaction to
EUR/USD Analysis
The pair started in Asia this morning at $1.3439 after a $1.3415 to $1.3547 overnight range in the US. Fed QE tapering views and
AUD/USD Analysis
Aussie started today’s session at $0.9334 and spent the initial hours of the morning in a $0.9323 to $0.9335 range, pinned down after overnight comments from the IMF,