Forex Analysis
JPY Mid-day Analysis
The September Yen was able to bounce back from overnight pressure and avoid posting a fresh 3-week low, but has seen little upside follow-through early this morning.
USD Mid-day Analysis
The Dollar is grinding out a modest gain at the start of the new trading week, but for the moment is showing little inclination for breaking out of a fairly tight trading range this morning.
FX Daily
Market movers today • Focus this week will continue to be on US bond markets and the emerging markets (EM) turmoil.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Down this week NZD/USD is expected to test the bottom of a two-month range.
Australian Markets Weekly
AUD: Multiple Pressures • Emerging market volatility should weigh on the AUD, but this is not the Asia Crisis II.
Weekly Commentary
Invention and intervention The Reserve Bank headed into the unknown last week, intervening in the housing market with its loan-to-value ratio (LVR) restrictions.
FX Comment: VIXcious circle
“….But we do have the luxury of knowing that it will come eventually ….” (BoE’s Bean on exit from stimulus, Jackson Hole)
Weekly Economic & Financial Commentary
U.S. Review Signals of Stronger Growth and Fed Tapering • Existing home sales rose more than expected in July,
EUR Mid-day Analysis
The September Euro has also calmed down after a bumpy ride this week, and while more than 1 cent below Tuesday’s 6-month highs
CHF Mid-day Analysis
The September Swiss found modest overnight pressure, but along with the Dollar and Euro is showing little inclination for making any large-sized price move heading into the weekend.
JPY Mid-day Analysis
The September Yen continues to find significant pressure late this week, and may be showing early signs of starting another downside leg during the near future.
USD Mid-day Analysis
The Dollar is having a relatively quiet finish to a choppy and volatile trading week, and while showing few signs of early strength this morning it is still on-course for posting a moderate weekly gain.