Forex Analysis

Morning FX Market Commentary

EUR/USD nearing the 2012 low The euro extended its downtrend on soft comments from ECB Asmussen and an S&P downgrade of the Italy.

FX Daily

The main event is expected to be the release of the minutes from the 18-19 June FOMC meeting.

USD/JPY Analysis

The pair started in Asia on a subdued note, after ending last night’s session near Y101.15, while euro-yen closed at Y129.28, off a Y130.17 high for the cross.

EUR/USD Analysis

The pair witnessed a dull start to the Asian morning after it had closed a downbeat US session near $1.2781, just off the day’s low of $1.2755, its worst since April 4.

Bank of Japan Preview: It works so far, BoJ on autopilot

The Bank of Japan (BoJ) meeting on Thursday should prove uneventful compared with the latest Fed, ECB and BoE meetings.

CFTC: Hedge funds double US dollar bets

Hedge funds nearly doubled their bets on the US Dollar in the week ending July 2, according to the most recent data from the US Commoditiy Futures Trading Commission.

GBP/USD Analysis

The pair closed in NY Tuesday at $1.4869 after recovering off an extended low/fresh 2013 low (after breaking $1.4832) of $1.4814.

Global & Australian Economic Perspective

Equity and currency market volatility reflects uncertainties over the pace at which the Fed might alter US monetary policy,

Currency Flows Monitor: Signs of a Sea Change?

Last week, net flows for all NZD pairs were in the 14th percentile. This broadly matches the recent trend;

Mid-Day FX Market Analysis

USD: The Dollar has bounced back from early pressure and is posting modest gains this morning,

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,

Greece receives next EUR3b. of aid…

The new week started in relatively subdued mood across currency markets. EUR/USD and GBP/USD edged up through the session following last week’s sell-off.