Latest Forex Research

USD/JPY Analysis

The pair opened at Y108.89 this morning while euro-yen started at Y139.89 and

Friday’s bearish close saw fresh 2014 lows to start the new week with bears firmly focused on the 2013 low at $1.2745.

The NZD led the commodity-linked pack lower last night,with NZD/USD weaker by 0.6% to 0.8070 this morning.

AUD/USD continues to work its way towards the 2014 low with fresh 8 month lows Tuesday.

St. Louis Federal Reserve Bank President James Bullard said Tuesday he agrees with the decision to

The USD is weak as we approach the NA session, with early EUR gains driven by improved French confidence data,

The Euro is catching a temporary break because of profit taking in the Dollar.

Despite the disappointing European economic news overnight, the Swiss has managed a corrective bounce.

The Yen has also managed a bounce that might be primarily the result of oversold technical condition but

The Dollar has become over extended from a technical and fundamental perspective.

The Canadian Dollar seems to have found a value zone above the 90.00 level.

Like the rest of the currency markets, the Pound is seeing some broad based technical short covering action.