Latest Forex Research
CAD Mid-day Analysis
The Canadian is trying to hook up this morning and there would appear to be the data tolaunch the currency into an upside breakout.
GBP Mid-day Analysis
The outlook for the Pound remains bearish as a quasi-change and improvement in global macroeconomic fortunes has done nothing to
Central European Daily
CNB’s governor sees no need to raise the floor for EUR/CZK, but confirms later exit from the current regime Despite restricted temporary deviations, the Czech currency has been
FX Daily Majors
Today’s highlights: EURUSD confirms a bearish “wedge” and we look for further weakness to 1.3374 initially, then 1.3248.
Daily Technical Report
EUR/USD has broken the key support areadefined by 1.3503 (see also the long-term risingtrendline from the July 2012 low) and
Euro area: PMIs offer hope amidst gloomy headlines
The flash PMIs for July point to a continued recovery in the Euro-area economy.
The kiwi crashed and burned after RBNZ. Bunds eke out a fresh high
EUR/USD looks ripe for a correctional bounce higher with a first-hand target at 1.3491\94…
Gold Technical Analysis
Recent pressure on the 100-DMA has finally taken its toll with it giving way in Asian trading and gold remaining heavy.
FI Eye-Opener: Reaching for the stars
German bond yields fell back yesterday and the curve bull-flattened. The 10-year yield retreated by 2bp, roughly offsetting the move from the day before.
AUD/USD Analysis
Another session of large moves for the Aussie today after it opened at $0.9456. Early dealings were confined to a $0.9435 to $0.9450 range with
FX Daily
Overall, we expect to see a slight improvement in euro area PMIs for July. In ourview it will probably be a bit more pronounced in the service sector,
Daily Market Technicals
Fresh 2014 and 8 month lows continued for the EUR/USD Wednesday with immediate focus on the $1.3400-21 region where Nov 21 2013 lows and