21 Jan 2015
Major currencies at a glance - Rabobank
FXStreet (Guatemala) - Analysts at Rabobank gave a snap shot at the state of he currencies individually.
Key Quotes:
"In FX, JPY has resumed its downtrend, slipping to 118.75 as rumours abound that the BOJ may take further action today (see below)".
"EUR is holding over 1.1540 as we wait for QE (and notably the ZEW survey yesterday had a minimal effect on it – presumably both it and the markets think ECB action must be negative for EUR)".
"GBP had a good day, rising back to 1.5140".
"AUD failed to hold post-China GDP gains and is back around 81.60."
"In Asian FX, INR remains rock solid at 61.68; IDR saw gains to 12,576; MYR slipped further alongside another dip in oil prices, and is now trading at 3.62; and CNY was thoroughly unimpressed with the GDP data and hardly moved in the session."
Key Quotes:
"In FX, JPY has resumed its downtrend, slipping to 118.75 as rumours abound that the BOJ may take further action today (see below)".
"EUR is holding over 1.1540 as we wait for QE (and notably the ZEW survey yesterday had a minimal effect on it – presumably both it and the markets think ECB action must be negative for EUR)".
"GBP had a good day, rising back to 1.5140".
"AUD failed to hold post-China GDP gains and is back around 81.60."
"In Asian FX, INR remains rock solid at 61.68; IDR saw gains to 12,576; MYR slipped further alongside another dip in oil prices, and is now trading at 3.62; and CNY was thoroughly unimpressed with the GDP data and hardly moved in the session."