Tag Archives: USD/CNY
The Global Macro Pulse
EURUSD has risen to 1.3565 as USDJPY climbed to 102.04 and AUDUSD dropped to 0.9357 in the wake of the RBA minutes,
The Global Macro Pulse
The Nikkei fell 0.7% while S&P futures are off just under 0.4% and the US 10yr Treasury yield is down a bit over 1bp to 2.584%, close to its New York lows.
Weekly Economic & Financial Commentary
U.S. Review Mixed Results from Economic Data Releases This Week • Retail sales increased a lower-than-expected 0.3 percent in May,
Daily FX Update
Developments in Iraq drive a hint of risk aversion; but not enough to swap markets. Into the NA open FX markets are active with EUR sinking,
The Global Macro Pulse
With the exception of the 0.3% rise in the Nikkei, most Asian equity markets have softened today and S&P futures are down slightly.
RMB policy shifting to neutral
After four months of turmoil in the RMB complex, FX policy seems to be transitioning to a more neutral stance.
Weekly Economic & Financial Commentary
U.S. Review No Spring Swoon Going into June • Payrolls added 217,000 workers in May, recouping all of the jobs lost during the recession, while the unemployment rate remained at 6.3 percent.
The Global Macro Pulse
EM Asia FX was the main mover today, led by a surprise 85pip fall in the USDCNY fix to 6.1623, its lowest level in over two weeks.
The Global Macro Pulse
EURUSD and EUR crosses came under moderate pressures. EURUSD traded just below 1.36; EURGBP, EURSEK and EURNOK were also slightly lower.
The Global Macro Pulse
The USD gathered strength in Asia trading, supported by higher US yields overnight. The 10y US Treasury yield retraced very marginally to 2.586% but still net 6.5bps higher than yesterday’s open.
Daily FX Update
Building disinflationary pressures in Europe, confusing data releases from the U.S., climbing house prices in the UK,