Latest Forex Research

GBP Mid-day Analysis

Weaker UK mortgage market approvals and relative strength in the Euro and

Today’s highlights: DXY $ Index below 86.10 maintains the threat of further weakness.

EUR/USD has breached the hourly resistance at1.2743, suggesting some increase in buyinginterest.

Safe haven inflows into Switzerland are starting to unwind. According to SNB data,

The EUR and the JPY held steady in Asia, trading at 1.274 and 108.1 respectively.

EURUSD: Even though our call yesterday for a potentially completedupward correction was proven wrong we continue to

The main event is the Fed meeting tonight. Given the recent market turmoil, the Fedis likely to

German yields edged only slightly higher, but US yields climbed some more on the back of some encouraging data releases

The pullback following last week’s spike above the 55-DMA continues with gold having dipped briefly below the 21-DMA Tuesday.

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

The pair closed in NY Tuesday at $1.6131 after rate had been driven to intraday highs of $1.6182 as the dollar lost

The Stoxxt50 found support ahead of the 2971.9 level on Monday before confirming its