Forex Analysis
We like the SEK again
• Still negative on risk sentiment • We turn bearish on EUR/USD after being neutral
Thorough look at AUDUSD
AUDUSD looks like it is at a local pivot area here as poltical turmoil breaks over the country – so let’s have a look at where we stand and the prospects for the pair from here.
AUD in focus on political turmoil
The AUD has powered higher overnight and this morning despite a further meltdown in metals and political turmoil as PM Gillard battles with
The Global Macro Pulse
Asian markets started out risk-on, with USDKRW touching 1150 and the Nikkei up more than 1%. Equity markets in ASEAN maintained gains,
Morning FX Market Commentary
Dollar remains well bid on strong US eco data. On Tuesday, markets entered calmer waters as the tension in China eased and as the rise in US bond yields slowed.
FX Daily
Market movers today After failing to reach an agreement last Friday EU-finance ministers will meet again today in Brussels
USD/JPY Analysis
The pair closed in NY Tuesday at Y97.87 after rate had recovered off an intraday low of Y96.95 to Y98.03,
GBP/USD Analysis
The pair closed in NY Tuesday at $1.5423 after rate had pulled back off intraday highs of $1.5480 to $1.5397,
EUR/USD Analysis
The pair closed in NY Tuesday at $1.3082 (back above its 55-, 100-, and 200-dma levels) after rate had corrected off a session low of $1.3065,
Mid-Day FX Market Analysis
USD: The Dollar lost upside momentum and is posting moderate losses early this morning and while staying well below yesterday’s spike highs,
Central European Daily
EUR/CZK failed to reach 26.00 EUR/CZK Czech President to appoint new PM The Czech koruna has attracted enough buyers in the 25.90 EUR/CZK neighborhood.
Developments in China and European Central Bankers a focus
Another day devoid of data awaits participants in the northern hemisphere sessions. As indicated yesterday, this week is particularly light on in terms of data flow.