Latest Forex Research

USD/JPY impulsively higher, targeting next 112ish.

EURUSD: The pair yesterday initially fell down to 1.2545 beforerebounding back up to recheck (and validate?)

We now expect euro-area HICP to remain unchanged at this cycle low of 0.3% inOctober.

German bonds rallied hard again yesterday, as the Fed’s message was shrugged off and

Losses below the 21-DMA continued Thursday before gold found support just ahead of

The $83.26-84.08 resistance region is key with bulls needing a close above $83.26 to

Time spent above the 21-DMA was brief with the sharp reversal lower reconfirming bearish pressure and

The pair closed in NY Thursday at $1.6005 after rate had recovered off intraday lows of $1.5950 to

The initial sell-off Thursday saw bears get excited following the break below initial supports only to

The pair started this morning at $0.8835 and marked small gains to $0.8854 in very early pre-Asian dealings.

The pair started this morning at $1.2613 after last night’s $1.2545 to $1.2632 range during the US hours.

It’s been a choppy session for USD/JPY since it opened at Y109.21 this morning.

The NZD has regained its composure over the past 24hours, with NZD/USD posting a 0.6% gain to 0.7850.