Tag Archives: GBP
Mid-Day FX Market Analysis
USD: The cross is finding moderate pressure in what have been calmer trading conditions than were seen over the past two sessions,
G10 FX Spot Commentary
EURUSD : Support – 1.2875 , 1.2790 , 1.2730 Resistance – 1.2950/60 , 1.2990 , 1.3050 Markets are pretty loose at the moment (not helped by the gyrations of the Nikkei) and this has caused much consternation and
Monthly FX Outlook
CURRENCY STRATEGY HIGHLIGHTS • After a shaky couple of weeks our bias for being long the US$ is bearing fruit again.
FX Daily Strategist: US
An unwinding of positioning dominates FX markets The price action in G10 FX markets has corresponded with an unwind of positioning in response to Bernanke’s testimony,
Mid-Day FX Market Analysis
USD:The Dollar continues to see vicious price action this week, and is in-line for a second large-scale reversal in as many sessions.
UK GDP, up by 0.3%
Output rose by 0.3% q/q in Q1 2013 after falling by 0.3% the previous quarter. On year-on-year basis, GDP increased by 0.6%.
FX Daily Strategist: Europe
USD and JPY could receive safe-haven bid today The USD should receive a safe haven bid driven by re-rating of Chinese growth prospects and Bernanke’s Q/A comments.
Mid-Day FX Market Analysis
USD: The Dollar has already shown some corrective anticipation in advance of the Fed testimony today.
BOE Minutes: MPC voted 6-3 against expanding asset purchases
The message in Minutes from the May MPC meeting was very familiar and hence, the interpretation remains the same
GBP weakening again. JPY awaits Kuroda press conference
The market is bidding up Euro’s across the board as GBP, CHF and JPY were all weak yesterday.
FX Daily Strategist: US
Fed speakers remain in the spotlight ahead of Bernanke’s testimony on Wednesday New York Fed President Dudley speaks today at 13:00 EST. The speech is on lessons for the US from Japan’s experience with monetary policy at the zero bound,
Mid-Day FX Market Analysis
USD: The dollar appears to be back in vogue today as a quasi risk off day seems to be in the offing. In additional to mixed global equity market action,