Forex Analysis
G10 FX Spot Commentary
USD/JPY : Support – 97.50 Resistance – 98.50 USD/JPY will be stuck in a tight range until the Fed and nonfarms.
Moving closer towards tapering – FOMC preview
The Fed is unlikely to change its asset purchases and forward guidance at this week’s two-day FOMC meeting, which concludes tomorrow (Wednesday).
Central European Daily
Lasting uncertainty extends forint’s losses Hungarian construction industry suffers Nervousness on Hungarian markets continues.
The Global Macro Pulse
AUDUSD fell from 0.92 to 0.9077 in response to dovish comments from RBA Governor Stevens in a speech and subsequent Q&A today.
Morning FX Market Commentary
Dollar looking to find a bottom The recent decline of the dollar slowed, both against the euro and the yen.
Europe – A very quiet start to the week
The week started quietly with little of note to report. Markets were quiet accordingly. However, overnight central bank news-flow has started in earnest with immediate market impact.
June Building approvals weakness supports rate cut
Today’s approvals data was disappointing if you want to see a consistent rise in approvals and a more adequate supply of new dwellings to house the growing population.
Mid-day FX Market Analysis
USD: The Dollar was unable to sustain an early rebound from a new 51/2-week low reached during overnight trading,
Central European Daily
Prime Minister Orbán calms market worries Polish parliament amends public finance law On Friday, Prime Minister Orbán and Economy Minister Varga attempted to
G10 FX Spot Commentary
JPY: Support – 97.50 Resistance – 98.50 Apparently the revision of consumption tax hikes was a bullish development,
The Global Macro Pulse
The dollar has weakened further against G10 currencies. AUDUSD has edged up to 0.9278, EURUSD to 1.3288, and USDJPY has fallen to 97.78.