Forex Analysis
USD Mid-day Analysis
After shaking off early pressure, the Dollar has been able to find moderate strength early this morning.Janet Yellen’s prepared testimony for today’s Senate hearing may have weakened the case for
Macro Viewpoint: Household debt still on the Riksbank’s radar despite new macroprudential tools
The Swedish Financial Supervisory Authority (FSA) today proposed that the risk weight floor should be raised from today’s 15% to 25%, addressing the risks associated with household debts.
ECB Survey of Professional Forecasters
Inflation: In the October ECB Survey of Professional Forecasters (SPF), results imply inflation expectations of 1.4%, 1.5% and 1.6% for 2013, 2014 and 2015 respectively.
Central European Daily
Czech economy shrunk in the third quarter… … while recovery in Poland and Hungary accelerated Preliminary regional data on real GDP growth in the third quarter took markets by surprise.
Morning FX Market Commentary
Sterling sharply higher versus both euro and dollar Sterling was the winner of the day helped by a strong labour market report,
Data Dependent Pressure on $-Bloc FX?
With trends in UST yields proving highly influential over $-bloc FX trendscurrently, today we highlight that the recent backup in yields does not appear tobe supported by trends in
The Global Macro Pulse
Overnight Price Action S&P futures are up 0.2% in Asia following a 0.8% rally in the S&P 500 overnight partly in response to the dovish tone of Janet Yellen’s prepared testimony.
FX Daily
Market movers today * Focus on the euro area with the release of preliminary Q3 GDP figures.
GBP/USD Analysis
The pair closed in NY Wednesday at $1.6051 after sterling had been given a boost earlier in the session on the release of stronger than forecast UK jobs data,
BNZ Strategist
The world outlook remains uncertain but its prospects remain sufficiently strong to add support to a New Zealand expansion which is both broadening and gaining in momentum.
EUR/USD Analysis
The pair started at $1.3487 this morning and then edged up toward $1.3500 in early trade as the dollar weakened following Yellen’s comments.
AUD/USD Analysis
Aussie opened at $0.9360 this morning after a $0.9289 to $0.9378 range last night in the US. The early US dollar weakness fuelled by Yellen’s comments helped carry aussie-dollar up to