Latest Forex Research

Central European Daily

Hungarian government unveils details of FX loans conversion.

CPI increased by 0.1% m/m in October, and the year on year figure rose to 1.3%, slightly higher than expected.

EUR/USD: We have squared longs and will be looking for levels to enter shorts.

EUR/USD has weakened near the resistance at1.2577.

EURUSD: It’s not a one way ticket – as it should be during corrections.

Mainland growth will slow significantly to 0.1% q/q in Q3.

The pair looks stretched and we see little scope for upside from here.

USDJPY was largely steady around 116.6 ahead of the Abe’s press conference.

We expect the German financial ZEW expectations to break the 10-month streak ofdeclines and

US industrial production came in below expectations, but that seemed to be swiftly attributed to September’s high numbers and

The break higher Friday hints at a shift in focus to a bullish bias but the failure to close above the 21-DMA remains a concern for bulls.

Bulls took a little comfort in the bounce from fresh 2014 and 4 year lows and