Latest Forex Research
EUR Mid-day Analysis
Keep in mind the ECB wants to see the Euro fall enough to rekindle international trade. Also keep in mindthe prospect of knock on slowing from
CHF Mid-day Analysis
The Swiss has ranged down sharply overnight and hit the lowest level since the June 5th spike down move.
JPY Mid-day Analysis
With somewhat positive Chinese economic vibes and mostly positive Asian equity market action,
USD Mid-day Analysis
The Dollar Index has clearly forged a fresh upside extension overnight and it would seem like the Dollar
CAD Mid-day Analysis
A very tight range in the Canadian near the recent highs overnight suggests that the tradeis paying some attention to the improvement in economic sentiment in China.
GBP Mid-day Analysis
The Pound continues to erode on the charts in the face of lackluster economic expectations for the Eurozone, Eastern Europe and Russia.
Central European Daily
Czech koruna eased to 27.50 EUR/CZK NBH will again cut rates by 10 basis points The Czech koruna eased to its one-month low against the euro yesterday.
FX Daily Majors
Today’s highlights: EURUSD spotlight stays on the key 1.3477 low. Capitulation below here remains needed to confirm a large bear “wedge”.
Daily Technical Report
EUR/USD made an intraday bullish reversalnear the key support at 1.3503 (see also thelong-term rising trendline from the July 2012low) on Friday.
USD/JPY under 101.19 & EUR/GBP below 0.7303 would be interesting
EUR/USD looks uninteresting between 1.3491 & 1.3576… EUR/GBP may have printed a correctional peak – a move back under 0.7904 would confirm…
The Global Macro Pulse
USDJPY has risen to 101.47, but the dollar failed to sustain an attempt to rally against the AUD and EUR.
GBP View – BNP Paribas
BNP Paribas sees GBP regaining some momentum this week with the main focus remains on the July MPC minutes (Wednesday) and followed by retail sales (Thursday) and Q2 GDP (Friday).