Forex Analysis
Riksbank stays on hold
As expected the Riksbank left the repo rate unchanged today. The repo rate path was also kept unchanged.
Portugal: Political crisis and next steps
Portugal: Political crisis and next steps Following the resignation of influential FM Vitor Gaspar and the appointment as new FM of Secretary of State for the Treasury Maria Luis Albuquerque,
Morning FX Market Commentary
EUR/USD drops below 1.30 mark The dollar was well bid across the board yesterday with USD/JPY returning north of 100.
FX Daily
Market movers today • In Europe, final service PMIs for June are released for France (09:50 CET), Germany (09:55 CET) and
RBA’s Stevens comments on the outlook and keeps rate cut hopes alive
RBA Governor Stevens has delivered a speech on “Economic Conditions & Prospects” to a business luncheon in Brisbane.
USD/JPY Analysis
The pair closed in NY Tuesday at Y100.61 after rate had taken out barriers at Y100.00 and Y100.50-60 as it pushed to a session high of Y100.73.
GBP/USD Analysis
The pair closed in NY Tuesday at $1.5156 after rate had been pressed to extended lows of $1.5137 earlier in the session in Europe,
EUR/USD Analysis
The pair closed in NY Tuesday at $1.2979 after rate was pressed to lows of $1.2964 during the NY afternoon, paring part of these losses into the close.
Bank of England Preview: Welcome Mr. Carney
• We expect the Bank of England (BoE) to remain on hold at Thursday’s Monetary Policy Committee (MPC) meeting (13:00 CET).
Mid-Day FX Market Analysis
USD: The Dollar has found its footing after a subdued overnight session, but is still lacking enough upside momentum to climb up beyond last week’s highs and
Everyone agrees the Riksbank will leave policy unchanged
On Wednesday the Riksbank announces its rate decision – the first to include the two new board members Skingsley and Flodén.