Daily outlook for CAD: Commerzbank
Feb 25, 2015 07:44 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -CAD: Bank of Canada (BoC) governor Stephen Poloz has managed once again to move markets. The surprise rate cut in January was an insurance against downward risks in connection...
Daily outlook for EUR/USD: Commerzbank
Feb 25, 2015 07:43 am UTC| Commentary
Quotes from Commerzbank Corporates Markets: -EUR-USD: Nothing seems to be able to affect EUR-USD at present. Fed chair Janet Yellens comments in front a Committee of the US Senate hardly affected the FX market at all....
Daily outlook for SEK: Lloyds Bank
Feb 25, 2015 07:13 am UTC| Commentary
Quotes from Lloyds Bank: -The Riksbank minutes may attract some interest this morning. However, we doubt it will reveal anything particularly new given the surprise announcement of a repo rate cut into negative territory...
Daily outlook for USD: Lloyds Bank
Feb 25, 2015 07:12 am UTC| Commentary
Quotes from Lloyds Bank: -Fed Chair Yellens testimony before the Senate yesterday prompted a general USD sell-off, more so against the commodity currencies, US equities traded higher and US 2y yields traded marginally...
NOK is still trading in lockstep with oil prices: Nordea
Feb 25, 2015 07:04 am UTC| Commentary
Quotes from Nordea Markets: -The NOK is still trading in lockstep with oil prices, and yesterday it was among the best performing currencies on Brent oil prices edging back toward USD 60/bbl. -The pressure should remain...
EUR/SEK is still facing upside pressure: Nordea
Feb 25, 2015 07:03 am UTC| Commentary
Quotes from Nordea Markets: -EUR/SEK is still facing upside pressure, as inflation expectations suggest the Riksbank may not be done just yet. The short-term support for EUR/SEK is around 9.47 - as long as the cross stays...
Daily outlook for EUR/USD: Nordea
Feb 25, 2015 07:02 am UTC| Commentary
Quotes from Nordea Markets: -EUR/USD was trading in a narrow range before Yellens testimony, in a consolidating triangle which risks breaking out any time - the downside would bring us to new lows (below 1.1098), while...