Forex Analysis
USD Mid-day Analysis
The Dollar has been unable to make much headway to the upside early this week, and has once again found itself under moderate pressure coming into this morning’s trading.
JPY Mid-day Analysis
The September Yen was showing considerable strength during the overnight session, but has given back a sizable amount of those gains coming into this morning’s trading.
EUR Mid-day Analysis
The September Euro remains fairly well supported this morning, in spite of some sluggish risk appetites throughout global markets,
CHF Mid-day Analysis
The September Swiss is holding onto moderate strength through a volatile overnight session,
FX Daily
Market movers today • Again today we have a very light calendar with only a few minor releases.
RBNZ imposes 10% restriction on new mortgage lending over 80% LVR
In a speech today the RBNZ Governor announced that from October 1st no more than 10% of new mortgage lending can be at a loan-to-value ratio in excess of 80%.
RBA Board Minutes – August 2013
• The minutes indicate that the RBA cut the cash rate in August and retain a moderate easing bias.
USD Mid-day Analysis
The Dollar is finding modest early pressure this morning, as a relatively quiet summer weekend has provided little in the way of fresh direction for the market.
JPY Mid-day Analysis
The September Yen has seen the most volatile price action of any major currency early this week, and has fallen well below the overnight highs to post sizable losses this morning.
CHF Mid-day Analysis
The September Swiss was able to recover from early pressure to grinds its way into positive territory, although it continues to lose further ground to the Euro.
EUR Mid-day Analysis
The September Euro was able to shake off early pressure and post moderate gains this morning, as positive comments from the Bundesbank helped to