Latest Forex Research

AUD/USD Analysis

The pair closed in NY at $0.8797 after having traded a $0.8776-$0.8911 range on the day.

The pair traded a a $1.2631 low last night in the US following the FOMC decision,

The pair opened at Y108.89 this morning after trading a high of Y108.97 last night following the FOMC decision and

The RBNZ has been spooked by the fact that it can’t find any inflation.

The NZD is significantly weaker this morning in the wake of an upbeat FOMC statement.

Today the Fed ended QE and made its forward guidance on rates more data-dependent.

EUR/USD: We remain bearish overall but with yesterday’s price action in mind,

While the Euro is mostly unchanged to start today, we are a little surprised to

The Swiss might be poised to claw its way back to the mid-October highs and

The Yen is poised just above what appears to be critical consolidation low support of 92.33.

While the Dollar remains close to Tuesdays low this morning,

The Canadian is showing impressive chart action and like the Pound it sits right under acritical upside breakout on the charts.