Tag Archives: GBP
New macro projections – no stop to QE3 2013
The global economy remains impacted by a clear divergence in growth rates. We see no reason to expect anything other than a very cautious Euro-zone recovery going forward,
FX Daily Strategist: Europe
Fed speakers in the spotlight New York Fed President Dudley speaks today at 17:00 GMT. 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 has fallen back from last week’s spike high because of a minor bounce in the Yen and perhaps because of a slight increase in global economic optimism,
CFTC: Dollar long jumps the most since March -AUD and EUR sold
Hedge funds reacted to the positive sentiment towards the dollar during the week ending May 14,
The Week Ahead in FX
In the week ahead investors will be focusing on Wednesday’s Federal Reserve minutes, as well as testimony on the economic outlook and monetary policy by Fed Chairman Ben Bernanke.
Weekly Economic & Financial Commentary
Eurozone Remains in Recession – Real GDP in the Eurozone fell for the sixth consecutive quarter in Q1-2013, and some large economies, notably, Spain and Italy, continue to contract at an alarming rate.
FX SENTIMENT REPORT
• The net USD long position increased to $25bn reflecting the current bullish environment. CAD, AUD, EUR, GBP, CHF and JPY are not only held net short,
Mid-Day FX Market Analysis
USD: The Dollar continues to build upon yesterday afternoon’s turnaround, and is now back within striking distance of reaching new high ground by the close of this week’s trading.
Mid-Day FX Market Analysis
USD: The Dollar is finding modest early support this morning, but is still lacking enough strength to move above yesterday’s high for move.
FX Daily Strategist: US
Weaker US data needed to test USD rally The stronger USD continues to dominate local events with worse Q1 eurozone GDP and a slightly more positive BoE Inflation report a sideshow.
Bank of England May Inflation Report
Higher growth and lower inflation but current policy stance seems to remain Growth forecast: According to the Committee’s judgment, both demand and effective supply look set to pick up gradually over the next year,