Forex Analysis

The Global Macro Pulse

A generally better set of China macro data failed to boost AUD as it dipped towards 0.817.

Markets will stay alert to any hints on a likely ECB QE announcement on Thursday.

Asian stocks are on the rise on the back of fairly strong Chinese GDP numbers this morning.

The pair closed Monday’s NY holiday thinned session at $1.5114 after

The AUD/USD was trading at $0.8212 heading into what would normally be the NY close early today,

The pair started this morning at $1.1606 following yesterday’s $1.1546 to $1.1639 range.

The JPY traded with a weak tone through the Asia-Pacific morning today,

Poland remains in focus this week.

In FX, USDJPY edged lower to 117.08 but most G10 pairs were steady.

US markets are closed due to Martin Luther King day.

That the ECB will launch a large-scale sovereign bond-buying program at its Jan. 22

US Treasury yields leapt (10-year yield with a 12 bp jump) and