Forex Analysis
Riksbank takes centre stage
Riksbank expected to be on hold The Riksbank’s monetary policy report and repo rate decision on July 3 is of course the main focus for Swedish markets this week.
Australian Markets Weekly
The market is pricing in a one in five chance that the RBA will ease monetary policy at its Board meeting tomorrow.
Terms of Trade Rolling in Clover
After a full-on fortnight, New Zealand’s data diary is relatively light this week. Still, there will be some commodity export price data to take note of,
FX Comment: broken record
Some recovery in the risk sentiment over the past week… but seems feeble so far and on lower volumes.
Weekly Economic & Financial Commentary
The U.S. dollar has gained in the wake of the Fed’s monetary policy announcement, with bond yields moving up
FX SENTIMENT REPORT
Shifts in sentiment were relatively muted this week, with minor changes in positioning among most of the majors with the exception of CAD.
Business Spending Mid-Year Outlook
Even as economic recovery has given way to expansion, the primary measures of business spending and output are still struggling to dig out of the hole created by the recession.
USDJPY – nearing strong resistance post the triangle breakout
A close above 98.87 today would better the 6/3 pivot low and further support this June rally but JPY failed twice at ~99 in June further adding to resistance at current levels.
Mid-Day FX Market Analysis
USD: The Dollar has posted relatively mild gains coming into this morning’s trading,
Central European Daily
The CNB ready to act against ‘the strong’ koruna The central banks in Central Europe evidently continue to be troubled by the fact that the actual inflation is below their inflation targets.
The Global Macro Pulse
The dollar is mixed. EURUSD has rallied to 1.3068, but the JPY and AUD have weakened against the dollar to 98.85 and 0.9251, respectively.