Forex Analysis

Markets Outlook

USD blasted higher. The move was centred on USD/JPY, but all of the major currencies were affected.

Weekly Commentary

Last week was a dramatic one on both sides of the Tasman, featuring a surprise cut by the Reserve Bank of Australia,

Australian Markets Weekly

– AUD/USD downside range break out largely a product of US dollar strength. At parity, it sits comfortably inside our ‘fair value’ range.

Markets Wrap & Startegy

Currency markets exploded into life last week, as the USD blasted higher. The move was centred on USD/JPY, but all of the major currencies were affected.

FX SENTIMENT REPORT

CAD SHORT COVERING ACCELERATES • This week, traders favoured adding to USD long positions, driving the net position to $18bn.

Weekly Economic & Financial Commentary

Few Surprises in a Slow Data Week • There were few surprises in this week’s light schedule of economic releases. The monthly JOLTs employment figures showed hiring picking up modestly,

The Week Ahead

It was a positive week for global equities. The US share market hit new record highs, while the ASX continued to grind higher.

Daily FX Update

FX Market Update – USDJPY breaks violently above 100, US 10‐year yields are up to 1.86% and

Daily Points

KEY POINTS: – Markets adding risk on weak JPY – Chinese company financing continues to soar

US Morning Update

Major overnight headlines: – Japan’s Amari says strength in US recovery reflected in USD rise – Japan is net buyer of foreign bonds for first time since March in May 3rd week, Bloomberg says

Mid-Day FX Market Analysis

USD: The Dollar has followed through on yesterday’s strong rally with moderate gains this morning,

USD/JPY breaks over 100…

USD/JPY lifted above the psychological 100.00 barrier in New York trade yesterday (around 6.50pm BST), and subsequently pushed up to 101.00.