Tag Archives: USD/INR
The Global Macro Pulse
Overnight Price Action S&P futures are up 0.2% and most Asian markets have rallied.
The Global Macro Pulse
Overnight Price Action S&P futures are down slightly, the Nikkei is up 0.5%, the HSI has risen 0.2%, Kospi has rallied 1.4%,
Risk is off, the yen, swissy, bonds, gold & oil are on
EUR/USD: Short-term Fibo-adjusted “Ichimoku tools” are in positive gear with the 21day “Kijun-Sen” acting as support.
The Global Macro Pulse
Overnight Price Action Moderation in treasury yields to the 2.89%-2.91% range supported risk assets across Asia.
The Global Macro Pulse
The USD extends its rally as 10y yield rises to a new intraday high of 2.92% during Asian trading.
The Global Macro Pulse
The G10 commodity bloc remained under pressure in Asian trading ahead of the FOMC minutes. AUD and NZD fell 0.6% to 0.903,
Asian FX Update
WOE FOR ASIA TODAY AS INR, IDR UNDER SEVERE PRESSURE • India needs big bang set of INR measures as incremental steps prove useless; further monetary tightening is possible.
Asian FX Update
The USD is taking a bit of a breather as, on a trade‐weighted basis, the greenback is away from yesterday’s highs,
The Global Macro Pulse
JPY weakness has raised the Nikkei 1.7%, S&P futures are up 0.1%, the HSI has risen 0.6%, and the Kospi has rallied 1.0%. Shanghai is essentially flat.
Asian FX Update
FURTHER MEASURES FROM INDIA TO ATTEMPT TO BRIDGE THE CA GAP • INR pressure leads to government current account pledge of 3.7%, with details on limits to imports to come.
The Global Macro Pulse
USDJPY continued to fall, testing a low of 97.09 today and driving cross JPY through technical levels.
The Global Macro Pulse
Trading in Asian equities was thin and largely directionless outside Japan. The Nikkei is down 1.0%, reacting to USDJPY edging lower to 98.80 after Friday’s post-payrolls drop.