Forex Analysis
USD/JPY Analysis
JPY started the Asian day at Y99.24 following a relatively narrow Y99.10/60 range in the US last night. Early trade saw the pair stuck in a Y99.14 to Y99.31 range amid an
Monthly Economic Outlook
If It Seems too Good to Be True, It Probably Is With the partial federal government shutdown behind us, attention is now focused on its impact to overall economic growth.
Sweden Viewpoint: The Riksbank’s new game plan
We give an account for the concepts of the new financial stability policy. As the new macroprudential instruments seem to be implemented gradually, the effect on monetary policy will be piecemeal.
NZDUSD – finding support at major .8163 polarity level
Kiwi is holding above the .8163 level, a key polarity level over the last 12 months. A bounce from this level is expected and further backed by yesterday’s hold of the previous 4th wave low at .8194.
EUR Mid-day Analysis
Although the market was already sliding back from a failed attempt to climb through the 134.50 level, alukewarm reception for this morning’s Euro Zone Industrial Production number has helped to
CHF Mid-day Analysis
With Tuesday’s recovery rally running out of steam during the overnight session, the Swiss Franc mayhave a difficult time regaining strong upside momentum without finding a fresh source of
JPY Mid-day Analysis
While finding modest support and staying well clear of Tuesday’s spike low, the Yen has held onto thisweek’s downside breakout of the May-November “triangle” chart formation and
USD Mid-day Analysis
After yesterday’s volatile trading session, the Dollar has been able to consolidate within a fairly tighttrading range early this morning.
Central European Daily
Further help for foreign-currency debtors in Hungary The Hungarian parliament approved the expansion of foreign currency denominated loan “rescue program”.
Danske Bank: We expect Riksbank to cut rates and raise our EUR/SEK 1M target to 9.00
GBP lost a little territory yesterday against EUR and USD, after a surprisingly low inflation print. With inflation on a declining path,
Morning FX Market Commentary
Sterling hammered after sharp decline in UK inflation An unexpected drop in UK inflation triggered quite a substantial repositioning in sterling.
Still bearish GBP vs USD, neutral on crosses
There are two large cross-currents impacting sterling at the moment. Here’s ourassessment of each and ultimate implications for GBP.