Latest Forex Research

China: PMI dips to get APEC blue

Preliminary data of the HSBC/Markit PMI showed this morning that the Chinese manufacturing sector has

While layers of resistance remain in the $76.48-79.85 region a bearish bias will dominate.

Stoxx50 continues to probe the layers of resistance noted in the 3126.6-3169.9 region with

The pair recovered off European lows of $1.5590 to $1.5701 on extended reaction to

The pair traded a $0.8602 to $0.8658 range during the US hours last night before it started this morning at $0.8615.

The break higher stalled at the short term falling daily trend line off Oct monthly highs with bulls now needing a close above $1.2599 to

The pair continued to find support on dips ahead of the $1.2500 level last night before sellers

The majority of yen crosses headed higher last night as USD/JPY made fresh 2014 and 7-year highs.

Gains continue for the pair with fresh 2014 and 3 year highs now shifting focus to the Sgd1.3125-99 region.

The sell-off Wednesday has seen layers of resistance develop in the $0.8657-0.8796 region with

Minutes from the 28-29 October FOMC meeting indicate that Fed officials were not overly concerned about turbulence in financial markets,

Another record close in U.S. equities yesterdays combined with the release of U.S. TIC flows,