Latest Forex Research
GBP/USD Analysis
The pair closed in NY Thursday at $1.6987 after recovering off an intraday low of $1.6967. Sterling had lost ground during
USD/JPY Analysis
The pair opened at Y101.82 this morning in Asia and traded with a mildly weaker bias in early dealings, easing to a Y101.74 low a few minutes before
Asian Currencies Technicals
Wednesday’s move to fresh 2014 and 8 month lows was aggressively reversed Thursday with the bullish close seeing immediate focus return to
Daily FX Wrap and Strategy
The NZD was the weakest performing currency by a large margin over the past 24-hours. It has declined about 1.4% relative to the USD and now sits around 0.8580.
Aussie Currencies Technicals
The initial move higher Thursday struggled at the Bollinger band top before drifting back towards the 21-DMA.
Daily FX Update
Encouraging early PMIs from Europe and China combined with reasonably strong earning releases are supporting risk and
GBP/USD Analysis
The next level of support in GBP/USD is the previous interim high from May at 1.6996, notes CitiFX Technicals.
EUR Mid-day Analysis
One might have expected the Euro to have caught a lift overnight off an improvement in PMI figures but
CHF Mid-day Analysis
Like the Euro, the Swiss is garnering some short covering action off a slight improvement in European economic conditions.
JPY Mid-day Analysis
Disappointing Japanese Consumer Spending results have surprised BOJ officials and the market as the trade initially thought the impact of the tax hike was very limited.
USD Mid-day Analysis
The Dollar initially forged an upside breakout but was turned back from those highs in the wake of thestronger than expected Chinese Factory order results.