Forex Analysis
Central European Daily
Czech koruna at new six year lows. CNBs Rusnok sees no reason for weaker exchange rate.
Euro overshooting versus Yen undershooting
One interesting feature of possible long-term EUR/USD downside overshooting scenarios,
Eye-Opener: Ever lower oil prices, falling inflation, a flood of bond issuance
here is no end in sight to the fall in oil prices. The front contract of Brent is trading at just above USD 46 this morning, meaning prices have already fallen almost by another 20% since the end of last year. Bond yields continued to fall, while US equities continued under pressure (S&P 500 down […]
GBP/USD Analysis
The pair closed in NY Monday at $1.5171 after rate had extended its recovery off early European lows
AUD/USD Analysis
The AUD/USD started this morning’s session with a slight downtrend, after it opened at $0.8157.
JPY Mid-day Analysis
It would appear that the flight to quality flow back toward the Yen has run its course and