Forex Analysis
FX Market Drivers: Empty calendar. Buy NOK, SEK and USD-related EM currencies
Review Monday/Tuesday next week will see a lot of economic indicators.
The Global Macro Pulse
Overnight Price Action The Nikkei held flat while most Asian stocks rose. Shanghai and Shenzhen extended gains to 0.5% and
Morning FX Market Commentary
USD hit hard despite US budget deal The dollar didn’t profit from the US budget deal. On the contrary.
FX Daily
Market movers today * With no major data releases, focus will be on the flood of speeches from members of the major central banks.
GBP/USD Analysis
The pair closed in NY Thursday at $1.6160 after sterling also took advantage of the strong dollar sell off, along with getting a boost on the back of stronger than expected UK retail sales data,
USD/JPY Analysis
The pair closed in NY Thursday at Y97.88 after recovering from a session low of Y97.74. Strong general dollar sales were seen through Thursday’s session,
EUR/USD Analysis
The pair closed in NY Thursday at $1.3675 as rate consolidated its rally to $1.3682 following its reaction to the US debt ceiling deal and
Dancing on the ceiling
* US lawmakers have reached another last-minute deal to end the fiscal stalemate. The Federal Government will re-open.
When Will the NZD/USD Trend Lower?
* A sustained USD rally and NZ commodity price correction are still expected to deliver a lower NZD/USD next year
FX Viewpoint – AUD/NZD: Short-term positives, but longer term cautious
• In the short term, there are some glimpses of positives for AUD/NZD.
EUR Mid-day Analysis
This morning’s upsurge may be running out of steam, but the Euro has seen a vast reversal of fortune asthe market has gone from threatening a downside breakout to
CHF Mid-day Analysis
After two unsuccessful breaks below the key 109.51 support level in as many sessions, heavy amountsof short-covering has helped to drive the Swiss Franc sharply higher this morning.