Forex Analysis
EUR Mid-day Analysis
Although market focus will shift away from a spotlight on Washington difficulties, the Euro is holding upreasonably well so far as it is only finding minor pressure early in this morning’s trading.
CHF Mid-day Analysis
The inability to make a decisive move through the 111.00 level may be coming back to haunt the SwissFranc this morning as prices are staying well clear of last Friday’s highs.
JPY Mid-day Analysis
Safe-haven support may continue to drain from the Yen early this week, but there have been freshheadwinds from the Japanese data front as well that are weighing on prices.
USD Mid-day Analysis
While there has been modest follow-through from Friday’s key reversal, the Dollar is clearly lackingstrong upside momentum at the start of the new trading week.
Central European Daily
Forint hits a three-month high Outcome of Czech early election is highly uncertain While the Czech koruna lagged behind its peers and weakened by about 0.5 %,
FX Market Drivers: Eventful week ahead. We recommend short-term BUY of NOK and SEK. Place a sell order for EURUSD
Review Today and tomorrow will see a lot of economic indicators from the US.
The Global Macro Pulse
Overnight Price Action Equities have rallied in Asia even as rates markets have drifted and the USD has risen slightly.
Morning FX Market Commentary
EUR/USD within reach of 2013 high Dollar weakness prevailed further on Friday. EUR/USD temporary marched north of 1.37 but a real test of 1.3711 didn’t occur.
FX Daily
Market movers today * The main release is US existing home sales, which could give further evidence of the effect on housing from the rise in mortgage rates.
EUR/USD Analysis
The pair played second fiddle to dollar-yen this morning, with most of the limited market attention on the Japanese unit while players waited for more clues from developments in Europe and
GBP/USD Analysis
The pair closed in NY Friday at $1.6167 after correcting away from an earlier high of $1.6224, to $1.6155, before edging back up into the close.
AUD/USD Analysis
The early risk-on sentiment carried aussie up from its opening level of $0.9672 to a high of $0.9676 in early Monday trades but