Tag Archives: USD/INR
The Global Macro Pulse
Asian FX recovered from yesterday’s lows, led by a 0.5% rally in KRW to 1078. The PHP, MYR and SGD have all strengthened marginally by 0.1% to 0.2%.
Weekly Economic & Financial Commentary
The Recovery Remains in the New Year · An uptick in the Leading Economic Index points to slightly stronger future growth,
Weekly Economic & Financial Commentary
U.S. Review Employment Throws a Curve Ball After Fed Tapering • Employment plummeted well below consensus estimates, rising by only 74,000 jobs in December compared to the survey forecast that expected almost 200,000 jobs.
Weekly Economic & Financial Commentary
U.S. Review A Little Less Punch in an Awfully Big Bowl * Citing progress in the labor market and more balanced risks to the outlook, the FOMC has decided to begin scaling back the pace of its asset purchases in January.
Asian FX Update
This could be a significantly volatile week as the Federal Reserve releases is policy decision later this week. With economicand jobs data still looking decent, the market has put a bit of vigour back in to shorter term yields.
What vol implied ranges tell us about 2014
On EUR/USD, spot has traded a 1.29 handle in each of the last 10years. 2014 is not the moment to break the pattern, given the skew ofbig picture macro risks, from slowly pricing US rate hikes in the shortendof the USD yield curve,
The Global Macro Pulse
EURUSD rallied further in Asia to 1.3756 while AUDUSD and USDJPY were flat at 0.9105 and 103.28, respectively. In EM Asia FX, the MYR has outperformed, appreciating to 3.2005 to the dollar while USDPHP rose to 44.280,
Weekly Economic & Financial Commentary
U.S. Review Is Tapering on the Fed’s Gift List? * November employment numbers were stronger than expected and the unemployment rate slid to a level once consistent with the end of quantitative easing.
The Global Macro Pulse
The dollar has weakened slightly across the board against EM Asia FX, with the exception of the politics burdened THB. USDIDR and USDINR have fallen about 0.3% and