Forex Analysis

USD Mid-day Analysis

Not surprisingly the Dollar is officially overbought from the COT report with

The Canadian remains pinned to its lows this morning as weaker oil and

A rise in volume and open interest in the wake of the recent bounce

Markets bet on CZK devaluation ahead of CNB’s meeting.

The dollar retreated from a near multi-year highs against the AUD, NZD und

In the US the Fed will release its Labour Market Conditions Index (LMCI) for

US Treasuries saw a strong rally on Friday, as US wage pressures were nowhere to be seen,

The pair closed in NY Friday at $1.5160 after rate had recovered through the NY session off

The AUD/USD opened at $0.8205 this morning and picked up early demand on the back

The pair started the new week at $1.1836 after it recovered from the post-NFP data low

The pair got off to a choppy start this morning in Asia, with liquidity thinned out

We expect 2015 to be another year of solid growth in the New Zealand economy.