Forex Analysis

Eye on the horizon – longer-term economic forecasts for New Zealand

We are often asked for our longer-term economic forecasts. In this bulletin we respond to those requests by extending our forecasts out to 2023.

CHF Mid-day Analysis

While today’s gains may be modest at best, the Swiss Franc has recovered from Tuesday’s downsidebreakout by climbing back above the key 109.51 price level this morning.

JPY Mid-day Analysis

Another bumpy night of trading has left the Yen back near unchanged levels, as the ebb and flow of safehavensupport has kept prices bouncing back and forth with little overall direction.

EUR Mid-day Analysis

Events across the Atlantic are also keeping the Euro fairly subdued, although prices have stayed wellclear of Tuesday’s spike low this morning.

USD Mid-day Analysis

In spite of another dysfunctional day in Washington, the Dollar is only finding moderate pressure earlythis morning as the market has remained well inside of Tuesday’s trading range.

Central European Daily

U.S. debt ceiling debate again in focus Polish CPI inflation slowed down to 1% y/y

FX Market Drivers

The US: Two steps forward, one step back… Still no debt ceiling agreement in place.

Morning FX Market Commentary

Dollar fails to maintain gains On Tuesday, the dollar was temporary supported by positive headlines from the political scene in the US but

BIS banter

Last month the BIS released its triennial survey charting FX volumes acrosscurrencies, counterparties and products.

The Global Macro Pulse

Overnight Price Action The failure of the Republican controlled House of Representative to agree on a bill to reopen the US government and

FX Daily

Market movers today * We have a nervous day ahead of us with the ‘soft’ deadline for raising the debt ceiling set to be midnight in the US.

EUR/USD Analysis

The pair marked a $1.3483 to $1.3563 last night in the US and opened near $1.3525 this morning in the Asia-Pacific. It staged a small rise to $1.3532 in early trades as the dollar weakened but