Forex Analysis

Central European Daily

Hungarian government unveils details of FX loans conversion.

Mainland growth will slow significantly to 0.1% q/q in Q3.

The pair looks stretched and we see little scope for upside from here.

USDJPY was largely steady around 116.6 ahead of the Abe’s press conference.

We expect the German financial ZEW expectations to break the 10-month streak ofdeclines and

US industrial production came in below expectations, but that seemed to be swiftly attributed to September’s high numbers and

The pair witnessed a relatively quiet US session tied to a narrow $1.5628-59 range on Monday.

The pair started the session today at $0.8709 after it traded between $0.8695 and

The RBA kept its oft repeated mantra that “the most prudent course was likely to be a period of stability in rates”.

The pair traded a $1.2445 to $1.2506 range during the US hours last night before it opened at $1.2450 this morning in the Asia-Pacific.

The pair opened at Y116.45 this morning after a Y116.08 to Y116.55 range during the US hours last night.

In reaction to the a series of indicators that confirmed the strengthening of US growth,