Forex Analysis
GBP/USD Analysis
The pair closed in NY Tuesday at $1.5036 after rate had eased off a session high of $1.5135 to a low, seen just ahead of the close, of $1.5025.
EUR/USD Analysis
The pair closed Tuesday’s NY session at $1.2854 after pulling back from an early session high of $1.2950, the rate touching session lows of $1.2850 just ahead of the close.
Markets correct on expected Fed policy changes
Last week saw a substantial correction in equity markets, particularly in Japan. Although according to several press comments,
Mid-Day FX Market Analysis
USD: The Dollar has started out this holiday-shortened trading week with modest gains, and has moved closer to the midway point of last week’s volatile trading range.
Central European Daily
NBH to cut rates to new all time low 4.5 % Yesterday, trading at the CEE markets was calm due to holidays in the U.S. and the U.K. The zloty remained by an eyelash above its four month low and
Hungary MPC Preview: Still cutting gradually
The National Bank of Hungary (NBH) will continue with its gradual pace of rate cuts at its 28 May MPC meeting, in our view.
FX Morning Rundown
Asian equities are trading mostly higher helped by the positive lead from the Stoxx600 which closed near the day’s highs of +0.33% yesterday.
Morning FX Market Commentary
Currencies: entering calmer waters Most major currency cross rates held within established ranges as the US and the UK markets were closed. USD/JPY is showing some tentative signs that the decline is slowing.
The Global Macro Pulse
Overnight Price Action After falling 3.2% on Monday, the Nikkei has rallied 1% today, helped in part by USDJPY rising 0.8% to 101.8 and S&P futures rising 0.4%.
FX Daily
Market movers today • In terms of macro data, focus will be on US numbers today. The S&P Case-Shiller house price index is expected to continue the upward trend.
USD/JPY Analysis
The pair closed a Monday trading session around Y101.05 having recovered off an intraday low of Y100.75.
GBP/USD Analysis
The pair closed Monday’s US/UK holiday thinned market at $1.5105 after rate had pulled back from earlier highs of $1.5156 to $1.5087 before recovering into the close.