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EUR/USD Analysis

The pair opened at $1.3464 this morning, that level marking the high so far for the session. Euro-dollar then spent a choppy but

The recovery from ahead of the key 3124.6-3129.1 support region appears to

The pair started this morning’s session at Y101.48 in the Asia-Pacific, and made early forays up to the Y101.56 highs traded last night in the US.

The pair closed in NY Wednesday at $1.7040 after rate had extended its corrective pullback to $1.7024 with recovery efforts failing around $1.7050.

The headline figures in this morning’s June trade statistics were robust. It has been that way for a good while now.

Nomura: The RBNZ hiked its policy rate by 25bp to 3.50%, in line with market expectations.

Our forecast rate track remains unchanged as a consequence of today’s statement. We forecast no change in rates in either September or October and

Wednesday’s rally and bullish close ends bearish hopes and sees immediate focus shift to the 2014 high at $0.9505 with

European Central Bank Governing Council member Jens Weidmann said Wednesday that the European Union was stronger

The NZD/USD sits fractionally higher at 0.8690 this morning, ahead of the RBNZ’s (9am NZT) meeting.

The JPY has been trading within the past few months’ trading range. There is limited room for the BoJ to easing monetary policy further,

Just a month after releasing the annual report on the U.S. economy, the International Monetary Fund downgraded the 2014 growth