Forex Analysis
Morning FX Market Commentary
Dollar gains on strong US eco data The post-Fed decline of the dollar was short-lived. Lower US jobless claims and a strong ISM of the manufacturing sector propelled the dollar higher,
FX Daily
Market movers today • ECB will announce the weekly repayment of the 3Y LTRO, which is likely to attract attention as excess liquidity continues to fall towards the EUR200bn mark.
Long-run Valuations Chart Pack
On a long-run basis, the NZD is more than one standard deviation overvalued against the AUD and GBP.
Mid-day FX Market Analysis
USD: The Dollar has been able to make a substantial recovery from yesterday’s post-Fed downdraft, and is now within striking distance of reaching a new weekly high.
Central European Daily
Better U.S. GDP weighs on CEE currencies CNB holds its rate-setting meeting Higher than expected U.S. GDP growth in Q2 weakened CEE currencies yesterday,
AUDUSD has already resumed its downtrend, we look for USDCAD to ideally follow soon
The USDCAD decline has extended to test and hold a plethora of retracement supports in the 1.0243/39 zone, and we look for evidence of a better base.
The Global Macro Pulse
A surprise rise in China’s official PMI to 50.3 in July from 50.1 in June has pushed Asian equity markets higher.
ECB and BoE centre stage, FOMC meeting a non‑event
All eyes turn to BoE and ECB meetings today. No change to policy is expected from either. But a dove-ish statement and press conference should follow the respective meetings.
Morning FX Market Commentary
Dollar receives conflicting signals On Wednesday, the major dollar cross rates were haunted by conflicting info. At first, the dollar was supported by good US eco data.
FX Daily
Market movers today Today’s ECB meeting will be interesting although a rate cut seems unlikely.