Latest Forex Research

Crude Oil Technical Analysis

Bulls take some comfort in the bounce from ahead of the recent 2014 low and

EuroStoxx50 Technical Analysis

Stoxx50 recovered from Tuesday’s correction lower towards the 21-DMA with

GBP/USD Analysis

The pair closed in NY Wednesday at $1.5969 after rate had performed an impressive recovery off post UK svcs/comp PMI data

Daily Market Technicals

EUR/USD continues to hesitate marginally above the recent 2014 and 2 year lows set Monday with bulls now

EUR/USD Analysis

The pair opened at $1.2483 this morning after rising to a $1.2507 high,

AUD/USD Analysis

The pair has held a surprisingly narrow range today after the big  selloff overnight,

USD/JPY Analysis

Another day of JPY weakness this morning as the fallout from the BOJ’s decision last Friday to

Labour market still soft despite employment gain in October

Employment rose 24.1K in October, reversing the September fall, with full-time jobs up 33.4K.

Labour Force – October 2014

Employment lifted by 24.1k in October and the unemployment rate held steady at 6.2%.

Outlook for Borrowers: Post October OCR Review

At its most recent OCR Review the RBNZ left its cash rate unchanged at 3.50%, as widely expected.

Financial Markets Wrap – Red October

Equity markets collapsed and subsequently recovered in October, with global growth worries widely blamed.

Daily FX Wrap and Strategy

The NZD took its cues from a hard-hit AUD overnight.NZD/USD is 1.2% weaker at 0.7720.