Latest Forex Research

Daily FX Update

The USD is weak as markets digest Chair Yellen’s testimony that shifts

While the Dollar has shown some weakness the Euro hasn’t been able to

For the time being the Swiss has seemed to respect its 50 day

Like the Euro, the Yen continues to coil tightly in

Not surprisingly the Dollar is under modest pressure because of

Global economic sentiment has improved enough to lift the fortune

A pattern of higher lows, growing global economic optimism and

EUR and GBP both edged higher to 1.1347 and 1.5475.

US new home sales is the only number of interest today, a very quiet day on the data front.

The lack of follow through the past two days on dips back towards the $1190.0 level

Janet Yellen’s bi-annual appearance requires patience.

Following on from the recent close below the 21-DMA ($50.57) the contract