Latest Forex Research

Dollar rise a bull trap? A stronger NOK?

EURUSD: With the break below 1.2908 the past week’s minorcorrection was history and

The result of the first ECB TLTRO will be announced and we expect a fairly low takeof EUR97bn.

German bond yields ended yesterday lower, but US Treasury yields climbed after the Fed’s message.

The $1242.7 level confirmed significance as initial resistance with bulls continuing to

The pair opened at $0.8959 today, after last night’s US dollar-inspired drop to a $0.8951 low,

The rally is looking a little shaky following the failure at the longer term falling daily trend line with

The inability of the euro to take out the $1.2995 level has resulted in a resumption of the sell-off and

The pair fell to another fresh low for 2014 so far in early dealings this morning after

The pair closed in NY Wednesday at $1.6273 after rate had been pulled back from an intraday high of $1.6358 to

The run of lower daily highs on all but 1 of the previous 8 trading days came to

The pair sank to another 6-year low against the dollar this morning, on follow-through dollar-yen gains after last night’s FOMC decision.

New Zealand’s June quarter GDP proved pretty good. It expanded a seasonally adjusted 0.7%,