A Reprieve for the EUR, but Not a Game Changer
Stronger Eurozone Q1 GDP and German CPI suggest that the ECB need not rush to ease policy further. However, these data points appear to be largely...
485 Views
Dollar Tests Highs as Global Risk Aversion Remains Elevated
The USD is testing the top of its range for over a year against the DXY major currency index, and its highs for the year-to-date against the...
402 Views
Watch Out for Dovish Noises from the Fed and RBA
We see scope for dovish noises from the FOMC minutes and Fed speakers. The Fed appears to be in the process of shifting towards adopting an...
567 Views
Yield Grab Supports the USD, Japanification Fear Weakens EUR
FX markets are meandering with no clear trends, and it seems investors have little market conviction. This appears to be resulting in choppy price...
579 Views
Gold May Rise on Lower Real Ylds; Canada Leads Fall in Real Ylds; Aust Inflation Expectations Slump
The broad decline in global bond yields and curve flattening suggest that the market has become more concerned about weak global economic...
647 Views