Tag Archives: NOK
FX Daily
Market movers today • With a very thin calendar focus will be on markets digesting the statement from the G20 meeting over the weekend.
FX Daily
Market movers today • Focus on US figures with both Empire manufacturing and June retail sales out.
FX Daily
Market movers today • In the US several FOMC members are scheduled to speak and they might add something to Bernanke’s recent dovish comments.
Japanese portfolio flow monitor
Weekly data – First outflow in two months – Japanese residents invested ¥980bn abroad in the week ending July 5, following seven weeks of relatively strong repatriation.
Global FX Strategy – Depression Fairy
Last month, we revised our 3M forecast for EUR/USD to 1.2950. For more than a year we have had our EUR/USD forecast above the consensus,
Everyone agrees the Riksbank will leave policy unchanged
On Wednesday the Riksbank announces its rate decision – the first to include the two new board members Skingsley and Flodén.
Global FI Strategy: A taste of less spoon-feeding
Market talk What we have witnessed since the beginning of May has its roots in a fundamental improvement of the US economy,
G10 and EM Regime Machine
• Trendiness continues to fall in FX markets, with little sign of last week’s FOMC-inspired dollar move reflected in aggregate momentum.
FX Comment: TIPSy
All the good things come to an end. Fed’s Bernanke left us with the impression that “this time is different”.
Monthly FX Outlook
• The US$ strengthened on the Fed’s perceived hawkish statement, and should gain further ground to eclipse year-to-date peaks on Fed tapering in Q4.
Norges Bank lowers key policy path, as we expected; 50% chance of a cut in Q3 this year
• Key policy rate unchanged, at 1.5%; path lowered by 0.45bp at the most
FX Daily Strategist: Europe
FOMC pushes the restart button on USD rally USD is sharply higher across the board after the FOMC policy announcement, moving in tandem with US yields,