Latest Forex Research
Gold Technical Analysis
Despite the first pop above the 55-DMA ($1248.0) since mid-August last week bulls remained concerned about
Crude Oil Technical Analysis
The $83.26-85.56 resistance region is key this week with bulls needing a close above $83.26 to
GBP/USD Analysis
The pair closed in NY Friday at $1.6090 after rate had extended its recovery off Thursday lows of
EuroStoxx50 Technical Analysis
The recovery from the recent dip to 2014 lows dominated for the majority of last week with
Daily Market Technicals
The significance of the $1.2605 support was confirmed last week with the euro having found support around this level to work its way back towards $1.2742.
AUD/USD Analysis
The pair opened right at the session low for this morning at $0.8796 following last Friday’s $0.8719 to $0.8824 intraday range.
EUR/USD Analysis
The pair started in Asia at $1.2679 after trading a $1.2635 to $1.2696 range on Friday.
USD/JPY Analysis
The pair opened at Y108.36 this morning, slightly higher than its Friday close of Y108.12 in New York,
Modest releveraging underway. Business caution easing?
Overall credit growth has been edging higher. Mortgage demand is firmer
FX: deleveraging over?
With the European bank stress test results out, the banks, if anything, have one minor reason less not to increase lending.
Euro area: Stress tests behind – not the stress
Beyond doubt this was a more credible stress test than similar exercises done before and
The Week Ahead in FX
In the week ahead investors will be looking ahead to the outcome of Wednesday’s Federal Reserve meeting