Fundamental Analysis – 22/02/2016

Feb 23


  • BY:
  • February, 23rd, 2016 1:33 +00:00

Good Morning,

Though USD is still imbued with the characteristics of a last resort safe haven, that role is not revived until we hit extreme levels of risk aversion. USDCHF is trading at 0.9990 while USDCAD is trading at 1.3709.

EUR was little changed versus USD after yesterday's Markit PMI figures disappointed; market focus elsewhere. In response to mostly disappointing domestic data EUR declined versus nearly all of its major peers. US CPI stayed unchanged in January, core rises. EURCAD is trading at 1.5119 while EURGBP is trading at 0.7793.

USDSGD has posted modest losses on Monday, as the pair trades slightly above the 1.40 line. GBPCHF is trading at 1.4134 while EURCHF is trading at 1.1018.

Daily Performances (4.00 am. GMT);

Currencies / Indices / Commodities Performance
USDCHF 1.01%
NZDUSD 1.09%
GBPJPY - 1.42%
AUDUSD 1.18%
USDCAD - 0.40%
CAC 40 Index 1.79%
IBEX 35 Index 2.35%
Euro Stoxx 50 Pr 2.19%
FTSE 100 Index 1.47%
Swiss Market Index 1.25%

I hope you all have a nice day.

All the figures are as at the writing time.