Latest Forex Research
EUR Mid-day Analysis
With the ECB giving off hints of fresh stimulus action overnight one might expect this week’s highs in the Euro to become more significant resistance.
CHF Mid-day Analysis
Suggestions that Germany doesn’t need additional stimulus probably disappoints some players in
JPY Mid-day Analysis
With a tempering of global anxiety the safe haven repatriation flow toward the Yen has been reversed.
USD Mid-day Analysis
The Dollar enters the Friday morning trade sitting right on a potentially critical pivot point of 85.00.
CAD Mid-day Analysis
Like the Pound, the Canadian is benefiting from a revival of global risk on sentiment.
GBP Mid-day Analysis
The Pound is fortunate to be in favor this morning as the BOE overnight floated some dovish commentary.
Daily Technical Report
EUR/USD made a large daily lower shadowyesterday, suggesting persistent short-termbuying interest.
The Global Macro Pulse
G10 FX is little changed. EURUSD is sideways at 1.280 and USDJPY is essentially flat at 106.38.
Sharp topside EUR/SEK & EUR/NOK rejections
EUR/USD outside 1.2789 or 1.2845 may lend a hint of “where-from-here”.
FI Eye-Opener: Bloodbath continues, Yellen to the rescue
German bonds performed again early yesterday, and the 10-year yield hit a new low at just below 0.72%.