Latest Forex Research

Synergy between BoJ’s QQE and yen depreciation

As expected, the BoJ’s MPM decided to leave QQE unchanged today.

EURUSD has outperformed, rising to 1.2620, AUSDUSD has edged up to 0.8752 and

EUR/USD over 1.2580 targets 1.2700\60… USD/JPY should test supports in the 108.17/107.75-zone again…

The day starts with German industrial production for August and

German bond yields fell yesterday morning, and then moved sideways for most of the day.

The bounce from just short of the 2013 low provided bulls with a little relief but

The pair started Tuesday’s morning session at $0.8763 was initially confined to a fairly narrow range

The lack of follow through on dips is providing bulls with some comfort combined with

The pair started at $1.2655 this morning after overnight losses saw it retreat to a $1.2542 during

The pair opened at Y108.78 after last night’s retreat to a Y108.65 low during the US session.

Bulls attempted to recover some of the ground lost last week only to struggle at the 55 & 200-DMAs

The pair closed in NY Monday at $1.6084 after rate had tracked euro-dollar’s stronger rally from