Latest Forex Research

The Global Macro Pulse

The USD weakened slightly against majors, with the exception of USDJPY, which rallied to 107.4.

EURUSD: With repeated bids in the 1.2705/47 area there’s still scopefor the pair to

Core bond yields continued to rebound on Friday, and curves saw some bear-steepening.

Bulls are a little concerned at the failure to retest Wednesday’s highs and the layers of resistance

The pair started the day at $0.8749 this morning but was largely confined to a $0.8750 to $0.8765 range in the opening few hours.

The sharp bounce from marginal fresh 2014 and 2 year lows stalled at the short term

The pair closed in NY Friday at $1.6093 as rate continued its recovery off Wednesday Oct15 lows of $1.5875,

The pair started the session today at $1.2760 after trading a $1.2744 to $1.2836 range during the US hours on Friday.

Bulls take comfort in the bounce and relatively bullish close Friday that has eased the bearish pressure

The current hesitation at the $1.2845 level is a concern with bulls needing a close above to add support to the case for

The pair started at Y107.22 while euro-yen opened at Y136.51 and then marked early highs of Y107.24 and Y136.74, respectively.

NZD/USD Outlook: Up this week Near term momentum has flipped to positive,