Latest Forex Research
EUR/USD Analysis
The pair closed in NY Wednesday at $1.2345 following a volatile reaction to the FOMC announcement
Daily Market Technicals
The lack of follow through on the spike above the 55-DMA Tuesday resulted in a sharp sell-off
USD/JPY Analysis
The pair opened at Y118.65 in calmer Asia Thursday after a volatile NY range of Y116.82 to
Fed Updates its Forward Guidance
The FOMC updated their forward guidance from “considerable time” to being “patient” for the normalisation process.
Asian Currencies Technicals
Time spent below the 21-DMA was brief with Wednesday’s bounce and close back above the
Daily FX Wrap and Strategy
NZD continued to fall overnight, falling with the G10 pack against the USD.
FOMC review: Fed still signals rate hikes by mid-2015
Today’s signals from the Fed suggest that the central bank is still serious about raising rates around mid-2015,
US CPI review: greater underlying inflation pressures than suggested by still tame core rate
Headline CPI is currently held down by sliding oil prices,
