Forex Analysis
US Economic Update
Overall, the US economy appears to be continuing to grow at a modest pace. While indicators suggest that GDP growth will slow in the June quarter from its March quarter level,
Brief China Economic Update
According to National Accounts data released today, the Chinese economy grew 1.7% in the June quarter to be 7.5% larger than the same period last year.
GBP/USD Analysis
The pair closed in NY Monday at $1.5099 after the European morning sell off had seen rate pressed to lows of $1.5028 before recovering back to
EUR/USD Analysis
The pair opened in Asia near $1.3060 and then spent most of the early part of the day stuck between a $1.3060 and $1.3075.
USD/JPY Analysis
Japanese markets returned from a long weekend today to find dollar-yen firmer again and heading toward Y100.00, after ending last week near Y99.22.
BNZ Markets Map – Q3 2013
As the trend for higher US bond yields and a stronger USD gathers pace, we’ve revisited what it all means for our currency forecasts.
RBA Minutes and NZ CPI the Morning Focus
No dramatic market moves overnight US stocks and bond prices are modestly firmer following a mixed set of US economic releases and
Mid-day FX Market Analysis
USD: The Dollar has shaken off early pressure and is posting moderate gains this morning, but still has plenty of work ahead in order to fully recover from last week’s severe chart damage.
Central European Daily
Czech and Polish current accounts in surpluses in May Polish inflation is heading for record-breaking lows Latest macro releases from the Czech Republic and Poland showed that external (im)balances have continued to improve this year.
Morning FX Market Commentary
Dollar enters calmer waters after post-Bernanke sell-off. On Friday, EUR/USD hovered in the 1.30 big figure. The dollar was not able to start a big comeback.
Focus turns back to the US economy and Bernanke semiannual testimony…
Last week was all about Fed Chairman Bernanke’s speech and latest views on QE tapering. His semi-annual testimony on Wednesday will likely repeat the same general message.