Latest Forex Research

USDJPY – small bull triangle consolidation and then higher still

Yesterday’s call for a sharp rally was realized as prices broke 107.50.

Further gradual rise favoured in USD/CAD However, the change in BoC’s communication suggests that

Markets are cautious into the open, with headlines focused on Ebola’s arrival in New York.

We suspect that some of the support in the Euro this morning is the result of fresh Ebola anxieties in theUS but

While the Swiss has shown some capacity to respect recent spike lows,

The sell-off in the Yen has probably become a little overextended with the high to low slide of 277 points.

The Dollar spent most of the overnight trade below 86.00 but it was still within close-proximity to the recent highs.

At times this week it appeared that patently negative global economic views were being reversed,

The bull camp has to be partially cheered by the Pounds ability to carve out some upside action in the wake of

Hungary once again grabbed attention with unorthodox policies – it plans to introduce world’s first internet tax

Today’s highlights: USDJPY has completed a small base,

The flash estimate showed GDP growth of 0.7% q/q, which is in line with expectations corresponding to 3.0% y/y.