Tag Archives: USD
USD Mid-day Analysis
After clawing out a fresh new high for the move yesterday the Dollar has partially reversed course as ifit reached a near term technical and fundamental peak on the charts.
The Global Macro Pulse
The dollar is broadly stronger today except against the AUD. AUDUSD has risen to 0.9352. However, EURUSD has dipped to 1.3796 and USDJPY is up at 102.64.
Daily FX Wrap and Strategy
The NZD weakened by 0.7% against the USD overThursday to 0.8560. With little movement over Friday andMonday, it opens this morning around that level. The move occurred in the face of broad-based USDstrength.
USD: En-Route To Regain Ground; How To Play It?
Major currencies are little changed on net coming out of the holiday weekend with the USD managing to maintain its Thursday gains made on the back of the firmer Philadelphia Fed and CPI data, notes BNP Paribas.
USD Mid-day Analysis
The Dollar has retained some buying interest through the long holiday weekend as US economicoptimism remains in place and the situation in the Ukraine leaves the Dollar with a minor leg up on the Euro andSwiss.
Why Does FX Vol Tell US About Recent Moves In Major Currencies
There has been little divergence from the dominating theme of low FX volatility in this benign market environment. Easter holidays across many trading centres have also contributed to relatively low volumes,
Westpac: What To Buy & What To Sell This Week?
Westpac G10 FX model portfolio opens a decent long USD exposure for the week ahead, triggered by a long USD signal from its US surprise index model.
The Week Ahead in FX
In the week ahead, market watchers will be focusing on U.S. data on housing and manufacturing activity, while manufacturing data from China will also be closely watched.
Weekly Economic & Financial Commentary
U.S. Review Signals of Stronger Economic Growth Return · Retail sales for March climbed 1.1 percent following an upwardly revised 0.7 percent reading for February, signaling that consumer spending was not as soft as first expected to start the year.
USD Mid-day Analysis
The Dollar comes away from the holiday shortened week with a disappointing track especially whenone considers that US data this week was mostly upbeat.
The Global Macro Pulse
The dollar has drifted slightly weaker with AUDUSD rising to 0.9374, EURUSD recovering to 1.3839 after a brief dip and USDJPY falling to 101.98. USDKRW fell to a low of 1034.40 where we
Altering our FX forecasts to reflect longer-duration weakness in the USD
We have decided to fundamentally change our USD view. We now donot expect the USD to significantly strengthen until the real Fed Fundsrate turns positive in early 2016 (chart 1).