Latest Forex Research
GBP Mid-day Analysis
The Ukraine events have undermined global equities and they have also undermined the Pound.
Daily Technical Report
EUR/USD has broken the strong support at1.3296. The short-term technical structure isnegative as long as prices remain below thehourly resistance at 1.3336 (12/08/2014 low).
The Global Macro Pulse
The USD drifted weaker in pre-Jackson Hole profit taking. AUDUSD has risen to 0.9313,
€/$ – support held. NOK/SEK – making way north
EURUSD: After initially dropping down to 1.3242 the sellers run out ofsteam and was soon, as warned of, replaced by shortcovering.
FX Daily
Focus will be on Janet Yellen’s speech in Jackson Hole at 16:00 CET. Yellenspeaks on the subject of the labour market
FI Eye-opener: The D-day
German Bund yields stayed one more day at a touch below 1% clearly ignorant of anything that goes on in the other markets.
Gold Technical Analysis
After having struggled at the 21-DMA earlier in the week the sell-off gathered momentum Thursday with
AUD/USD Analysis
Aussie was roiled by Thursday’s HSBC China flash PMI reading but was spared further drama during the European and US hours overnight.
Crude Oil Technical Analysis
The aggressive bounce from fresh 6 month lows combined with O/S daily studies and
Daily Market Technicals
EUR/USD has bounced a little from ahead of recent 2014 lows but layers of resistance $1.3298-1.3445 still remain an issue for
EUR/USD Analysis
The pair traded a fresh low for 2014 so far of $1.3242 during yesterday’s Asian session but
GBP/USD Analysis
The pair closed in NY Thursday at $1.6581, off a $1.6602 recovery high after rate had corrected off a UK retail sales react low of $1.6569.