Latest Forex Research

US: CPI inflation remains tame – Fed can wait a bit longer

Today’s inflation data suggest that inflation was steady in September.

Daily FX Update

Mixed markets leading into today’s U.S. CPI print, which is a key input for the Fed and accordingly the USD.

EUR Mid-day Analysis

The Euro has forged some fresh damage on the charts overnight and those declines seem to

CHF Mid-day Analysis

Technical damage on the charts overnight would seem to leave the December Swiss poised for

JPY Mid-day Analysis

Cushioning the Yen is news overnight of a rise in Japanese exports which in turn managed to

USD Mid-day Analysis

The Dollar has forged a somewhat significant upside technical probe overnight with the currency reaching up to

CAD Mid-day Analysis

We are somewhat impressed with the Canadian’s ability to hold up near its recent highs in the face of renewed strength in the Dollar.

GBP Mid-day Analysis

Like the rest of the currencies this morning, the Pound is under fresh pressure because of renewed strength in the Greenback.

Central European Daily

Governor Belka signals further rate cut Hungary cut 3-month Treasury bill auction Central European currencies were little changed on Tuesday.

UK: BoE majority more concerned about Euro-area risk

As in August and September, Weale and McCafferty voted for a 25bp rate hike at the October MPC meeting,

FX Majors Trading Strategies

EUR/USD: While we are on the sidelines now, we will be keen to enter a short position at some point,

Daily Technical Report

EUR/USD has weakened near the hourlyresistance at 1.2901.