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
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.
