Forex Analysis
South Africa Morning Sheet
ZAR back at the low end of its short-term trading range following some dovish Fed developments. Bonds traded weaker yesterday.
USD/JPY Analysis
The pair closed in the US at Y99.68 before then skidding to a low of Y98.20 in the wee hours of Thursday trading after Bernanke’s comments.
EUR/USD Analysis
The pair ended in the US at $1.2978 and then spiked to $1.3207 in the post NY/early Asian hours,
FX Daily
Market movers today • Main focus are the minutes from the June Fed meeting released yesterday and
Monthly Economic Outlook
With four years of economic recovery now in the books, we are seeing more pockets of improvement,
Mid-Day FX Market Analysis
USD: The Dollar has been weakened by profit-taking in front of this afternoon’s Fed dialogue, and is finding moderate pressure after a bumpy overnight trading session.
The US Dollar Bull Market Has Begun
While the Fed has judged the US economy to be sufficiently robust to withstand an increase in interest rates, in many ways the US stands alone,
Central European Daily
The Czech inflation in June surprised on the upside,… …so the koruna strengthens While in Poland the monetary easing cycle seems to be over,
JPY correction scenario heating up
USDJPY plunged overnight on hardly any development as the technical arguments for a deeper JPY correction,
Passing the ZIRP baton to Europe
Risky assets have mostly experienced tailwinds since the latest FX Pilot. Carry strategies have performed, as have global stock markets.
IMF trims its global growth forecasts, FOMC minutes and Fed Chairman Bernanke centre stage today
The IMF yesterday published its latest World Economic Outlook Update titled “Growing pains”.