Tag Archives: USD/CNY

The Global Macro Pulse

The USD has softened against the major currencies. AUDUSD has risen slightly to 0.8895 from

EURUSD has bounced off of its Friday low to trade up to 1.2863 while USDJPY has dipped to 108.73, close to its Friday low.

U.S. Review FOMC Meeting Does Little to Change Our Outlook • The Fed lowered its projections for GDP and unemployment slightly,

Sterling traders adjust strategy after “no” victory The Scotland says “no” to independence, hence the 307-year-old union remains intact.

As early results trickled in that the Scottish referendum favored a No vote, most Asian equity markets rallied.

EURUSD bounced off overnight lows to trade at 1.2867, AUDUSD similarly stabilized at 0.8966 while USDJPY is at 108.62.

The WSJ has its second blog post in a row suggesting that there is a strong case for Fed patience on rates

EUR/USD over 1.2890 would target 1.3047 next. Below 1.2908 would reopen the recent 1.2859 low again…

FX markets are mixed with outperformance from CAD, NZD, JPY and MXN and weakness from the Europeans and AUD.

AUDUSD has fallen to 0.9012 in response to the weak China data. EURUSD is unchanged from

U.S. Review Third Quarter Growth Appears Solid • Retail sales rose 0.6 percent in August as auto sales helped to

AUDUSD opened weak and has sold off to 0.9066 and USDJPY has risen to 107.35,