Latest Forex Research
USD/JPY Analysis
The pair started the morning at Y114.05 today after another strong rally through Y114.00 option barrier and
Trade Balance – September 2014
The September trade deficit of $2.26bn printed significantly wider than market expectations of a $1.85bn deficit.
Retail sales surge in September. Wealth effect from rising house prices evident.
Retail sales up huge 1.2% in September. Now running at improved 5.7% yoy.
Technician
EUR/USD: Momentum pro-decline. Some pressure on 1.25 level possible, but immediate breakthrough does not seem likely.
Daily FX Update
U.S. equity markets closed October on a new monthly high; however a lack of upside momentum in
EUR Mid-day Analysis
The Euro forged a fresh spike down breakout overnight but it was unable to hold all of the initial declines.
CHF Mid-day Analysis
Like other currencies the Swiss saw a fresh downside breakout overnight and a rejection of that probe.
USD Mid-day Analysis
Not surprisingly the Dollar has registered yet another range up extension overnight.
CAD Mid-day Analysis
The Canadian was obviously oversold into the Friday low but it is clear that the C$ has
