Latest Forex Research

Weekly CFTC Trader Positioning Data

The net long USD position continued to build this week, climbing to $48bn.

The ECB is getting more vocal on a potential full-scale QE as inflation and inflation expectations threaten its price-stability mandate.

The combination of China’s interest rate cut and President Draghi strong words suggest a heightened level of

With the ECB President promising to throw everything that is necessary at the unresponsive Euro zone economy and

Not surprisingly the Swiss has had the rug yanked out from under the bull camp in the wake of Draghi

The Yen sees a slight corrective bounce in the wake of a Chinese interest rate cut but

The Dollar is back in control again especially in the wake of fresh easing from the PBOC and

The Canadian is showing some impressive action on the charts and is carving out those gains in the face of potential US Dollar adversity.

The Pound has been largely left out of the significant overnight volatility being seen in the Euro,

USD/JPY: had a sharp selloff after Japan Finmin Aso expressed concerns regarding rapid yen weakness earlier today.

Wage growth slows in Hungary, feeling finally deflation.

EUR/USD is challenging the resistance at1.2577 (see also the declining trendline).