Latest Forex Research

GBP/USD target May/June lows & NOK/SEK should extend gains

EURUSD: Mildly offered inside range. Will the short-term correctional divergence be enough to buck the trend or not?

Focus will continue to be on the international geopolitical situation, albeit tensionat least for now appears to be easing.

The lack of follow through on Friday’s spike above the 61.8% Fibo and

Aussie closed in NY Monday at $0.9262 after having remained confined to a relatively narrow $0.9259-86 range and

Rebound in stocks and yields (modestly) as geopolitical tension eases slightly. Volatilities are on the rise, especially on 30Y rates, be aware.

Recent topside failures ahead of the key $1.3445 resistance level have seen bearish hopes tentatively reconfirmed.

The pair opened at $1.3385 this morning, following a $1.3381 to $1.3396 range during the US hours overnight.

The pair closed in NY Monday at $1.6788 after rate had slowly recovered off its Friday lows of $1.6767 to $1.6796 through Monday.

Following moves that have seen Stoxx50 trading well below the Bollinger band base (3002.0) and

JPY opened this morning at Y102.19 while euro-yen started at Y136.78. Early risk on trades saw the cross being lifted to Y136.87,

The past month has seen considerable traction made toward our end-of-year targets, as NZD underperformed amidst a broader USD rally.

In a sleepy night for currencies, the NZD/USD stuck with the pack, effectively unchanged at 0.8460.