Latest Forex Research

Daily FX Update

FX markets are mixed with outperformance from CAD, NZD, JPY and MXN and weakness from the Europeans and AUD.

The Non-reportable Net Short position in the Euro has hit a new record level at 52,317 contracts,

More sanctions against Russia, reports of fresh shelling in the Ukraine,

While the Yen is showing some minor consolidation around a recent spike low,

The Dollar is creeping back toward its recent highs in the wake of a series of calls for foreign central banks to ease!

Some modest consolidation support is seen at 89.90 as there is hope that the PBOC willease and

The polls peg the independence vote to be too close to call and that has interjected a measure of volatility in the Pound.

New bank legislation submitted to Hungarian parliament. Polish inflation to remains in negative territory in August.

EUR/USD is trying to bounce from its oversolddecline. However, the hourly resistance at

Today’s highlights: USDCAD’s extension above 1.1027/54 reinforces a larger base for

AUDUSD has fallen to 0.9012 in response to the weak China data. EURUSD is unchanged from

EURUSD: Today we can with a higher degree of certainty call for anupward reaction to have started.