Tag Archives: USD/CNY
The Global Macro Pulse
Among the majors, AUDUSD rose to a high of 0.9304 before easing off to 0.9267 after the RBA statement (see below).
The Global Macro Pulse
EURUSD and USDJPY are flat to Friday’s New York closes at 1.3750 and 102.88 respectively, but AUDUSD nudged lower to 0.9233. EM Asia FX opened stronger against the dollar,
Weekly Economic & Financial Commentary
U.S. Review Hanging in There · Stronger consumer spending on services led the third estimate of
The Global Macro Pulse
AUD and NZD rose strongly on the open, the former hit a high of 0.929 and the later surged to 0.869. Both have since retraced to 0.926 and 0.867 respectively.
US Morning Update
The London morning in spot G10 was generally characterised by more EUR weakness, but the crucial factor here is where that weakness was concentrated:
The Global Macro Pulse
In FX, AUD continued to climb to 0.9237. EUR was largely unchanged at 1.3785, while USDJPY found some support at 101.72 and rallied all the way to 102.15.
The Global Macro Pulse
AUD stole the spotlight in FX, rallying towards 0.92 on RBA Stevens’ speech. This helped boost AUDNZD to 1.0696. The rest of the G10 FX complex was more subdued.
US Morning Update
The USD was mostly stable-to-higher during the London morning, with the DXY now sitting just above its 30-day moving average and at about the middle of yesterday’s range.
The Global Macro Pulse
G10 FX price actions have been lackluster. The EUR was flat at 1.3830, USDJPY rose very marginally to 102.33 while AUD pulled back to 0.913, essentially unchanged from its NY close from a high of 0.916.
US Morning Update
European equity markets were modestly weaker during the London morning, but even more noteworthy was the lack of attention paid by Asian shares to the weaker-than-expected data out of China overnight.
The Global Macro Pulse
The dollar has risen against the JPY, but is flat against the AUD and down slightly against the EUR. AUDUSD rallied to 0.9111 on the open, dropped to a low of 0.9049 after the HSBC China PMI,