Forex Analysis
GBP/USD Analysis
The pair closed in NY Tuesday at $1.5998 after it had recovered from a corrective pullback low of $1.5915,
AUD/USD Analysis
Aussie was also whipped around by news out of the US on debt limit negotiations, as it slipped to an early low of $0.9499.
USD/JPY Analysis
The pair started the day on a slightly defensive note as news reports out of the US pointed to a debt limit deal being hammered out.
EUR Mid-day Analysis
Already on the defensive from positive signs out of Washington, the Euro is finding fresh headwinds fromtheir side of the Atlantic this morning.
CHF Mid-day Analysis
Carryover pressure from the Euro after the German ZEW survey helped the Swiss Franc blow throughthe key 109.51 support level early this morning,
JPY Mid-day Analysis
Safe-haven support continues to drain from the Yen this morning as prices have reached their lowest levelssince October 1st.
USD Mid-day Analysis
While there has been a clear boost in optimism that US politicians will be able to avoid crashingthrough the debt ceiling later this week,
EUR/USD volatility at 6 years low
Three months implied volatility in EUR/USD currently trades at 6 years low just above 7%,which means implied volatilities in the FX market have not been this low since October 2007.
Central European Daily
FX loans conversion plans weigh on the forint U.S. fiscal debates in focus CEE currencies were traded with mixed results yesterday.
Morning FX Market Commentary
Dollar hardly profits from positive headlines from Washington Monday, trading in the major currency cross rates still developed in a wait-and-see mode,
Two Puzzles: US equity flows and Chinese data
The US equity flow puzzle International investors have bought four times as many Euro-area equities as US equities over the past year,
FX Daily
Market movers today * It now looks as if there will be a bi-partisan deal later today in the US Senate,