Forex Analysis
Morning FX Market Commentary
Dollar rally slows On Thursday, markets rebounded from the post Fed repositioning. The dollar did run into resistance.
The Emerging Markets Weekly: A bumpy transition
As we opined in our Emerging Markets Quarterly, 18 June 2013, EM has entered a transition period to an environment of less ample global liquidity,
USD/JPY Analysis
The pair closed in NY at Y98.41, off recovery highs of Y98.57 but the underlying buoyant tone was seen remaining in place into Asia.
FX Daily
Market movers today • In the US Chicago PMI is expected to fall back a bit to 55 following a surprisingly sharp rise last month to 58.7.
GBP/USD Analysis
The pair closed in NY Thursday at $1.5256 after rate had been able to recover off session lows of $1.5201 to $1.5266 before drifting off into the close.
EUR/USD Analysis
The pair closed in NY Thursday at $1.3037 after rate had recovered off session lows of $1.3000 to $1.3057 before drifting off into the close.
Factoring in the Fed
In late May, we said that if the FOMC relaxes its easing bias and US yields break convincingly higher the NZD/USD pullback could extend.
EURGBP eyeing 0.8600 once again…
EURGBP has had quite an affair with the 0.8600 level over the last couple of months, but the latest rally may finally lead to the pair pulling through that level and
Mid-Day FX Market Analysis
USD: The Dollar is finding modest pressure this morning, and is holding onto a sizable portion of yesterday’s late rally after a choppy overnight session.
Central European Daily
Polish FinMin proposes changes to the pension system … … which would open room for government spending The Central European currencies closed barely changed on Wednesday.
ECB Preview: The exit remains distant
• Draghi will not deliver a surprise rate cut next Thursday unless financial markets deteriorate significantly from here.
The music has stopped, CNY may not find a chair
The money market squeeze in China this month should be seen as a symptom of a shift in capital flows,