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FX Daily Majors

Today’s highlights: EURUSD immediate risk stays lower for September’s low at 1.3104,

The Euro has found some support overnight in the wake of the disappointing economic report flow fromthe US on Monday.

With the Euro showing some modest recovery action overnight it would appear that the Swiss and

The Yen has also managed to respect what appears to have become technical support on the charts.

Not surprisingly the Dollar is on the defensive in the wake of slack US data flows on Monday.

Reports of another US corporate inversion into Canada, disappointing US data on Monday and

With the US posting some weak data yesterday, some of the macro-economic differential pressure on

In AUD/USD, Commerzbank notes that while its bounce off the four month support line at .9246 is losing some upside momentum,

EUR/USD has so far slipped to an August low at 1.3179, close to the September 2012 high at 1.3173,

The NBH on hold for the first time after many rate cuts The National Bank of Hungary holds rate setting meeting today at 14.00 CET.

EUR/USD is trying to stabilise after its recentnew lows. However, the short-term technicalstructure is negative as long

Since the USD turned in early July, Asian FX has been outperforming other currency blocs.