Latest Forex Research

The Global Macro Pulse

USDJPY extended its move lower to 117.50 on the back of Aso’s comments.

EURUSD: It is possible that a correction low was put in place yesterday

We forecast that EUR/$ will fall to 1.15 over the next 12 months

It is a very thin calendar and most focus will be on speeches by Draghi andWeidmann.

Two pieces of bad news came from the Euro area yesterday: Flash PMIs and consumer confidence unexpectedly fell in November.

Gold continues to find support ahead of $1175.0 on dips with bears taking some comfort in the lower daily highs the past two days.

Bulls take comfort in bounces from ahead of 2014 and 4 year lows and below the Bollinger band base with

The Bollinger band top capped on Wednesday and Thursday saw Stoxx50 pullback from

The pair saw a sharp bounce off European lows of $1.5632 on Thursday after the release of strong UK Retail Sales data,

The pair opened at $0.8629 this morning after a $0.8591 to $0.8641 range during the US hours last night.

EUR/USD continues to trade sideways within the broad $1.2499-1.2599 range with

The pair started at $1.2545 this morning in the Asia-Pacific after a $1.2509 to $1.2570 range during the US hours last night.