Latest Forex Research

A USD/JPY top is possibly forming

EUR/USD in a mid-body (1.2445) resistance recheck… USD/JPY below 117.36 would hint of a more lasting top in place…

Details on the German Q3 GDP numbers are released today and focus will be on how much private consumption grew last quarter.

German bond yields headed higher for a change yesterday, while the curve steepened a bit.

An inside day Monday and hesitation ahead of the key 55-DMA combined with daily

The recovery from ahead of the 2014 and 4 year lows appears to have ended with

Gains continued for Stoxx50 to start the new week with the Bollinger band top

Strong dollar demand pressured cable to European session lows of $1.5628 on Monday,

The pair traded in a $0.8602 to $0.8642 during the US hours last night and found support off that low as it headed into the NY close.

The break below $1.2499 opened the flood gates on Friday and has resulted in a move that has so far found support marginally above the 2014 low.

It’s been a relatively muted session for the euro with the single currency mostly trading lower

JPY witnessed another round of early weakness vs. the dollar as it dropped almost as far as its recent 2014 low before recovering fairly strongly.

The NZD/USD has declined to trade around 0.7850 this morning.