Latest Forex Research

GBP/USD Analysis

The pair closed in NY Friday at $1.5626 after rate was pressed to lows of $1.5605 post London fix before

The recovery from 2 month lows last week managed a brief pop above the 21-DMA

The pair started this morning with a spike to $0.8169 but then pulled back to around

The EUR/USD remains heavy after trading at fresh 2014 lows to start the new week with

The pair started today’s session at $1.2225 after a $1.2220 to $1.2302 range on Friday night in the US.

The pair ended Friday’s session at Y119.54 and started the new week with a mild uptick to Y119.58.

Following recent 2014 and 4 ½ year lows the AUD/USD traded sideways to end last week with

USD bullish sentiment has softened, with today’s data marking the fourth consecutive week of a narrowed USD long position.

No holidays for central banks The sharp decline in oil prices is putting a lot of pressure on central banks.

Markets are mixed into the NA open, equities are flat, U.S. yields are falling,

The Euro is showing renewed weakness and the prospect of a lower low

The move to negative interest rates earlier this week has facilitated fresh weakness in the Swiss,